Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...
A variety of models can help CCRC operators meet residents’ increasing healthcare needs
By
Kimberly Bonvissuto
Feb 16, 2024
Older adults are moving into senior living communities with more chronic conditions and healthcare needs than ever before, presenting challenges — as well as opportunities — for continuing care retirement...
Alleged worker, prospect discrimination results in lawsuits, penalties for assisted living communities...
By
Kimberly Bonvissuto
Feb 16, 2024
Nine assisted living communities in Georgia and California are facing legal scrutiny over allegations that they discriminated against employees and prospective residents.
2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
Senior living leaders ask lawmakers to increase Medicaid reimbursement rates for assisted living
By
Kimberly Bonvissuto
Feb 15, 2024
As assisted living providers struggle to provide services to Medicaid home- and community-based services beneficiaries, industry leaders from two states are asking lawmakers to bump up reimbursement rates...
Treat every senior living tour like a first date to make a good impression, expert says
By
Kimberly Bonvissuto
Feb 14, 2024
Overall, senior living communities are providing prospective residents and their families with an “excellent” tour experience, but just as often, those communities fail at the close due to the lack...
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
Proposed legislation would dedicate $5 million for telemedicine infrastructure for assisted living, nursing...
By
Kimberly Bonvissuto
Feb 13, 2024
Expanding access to telehealth is the goal of a proposed bill in South Dakota that would provide millions in funding for assisted living communities and nursing homes across the state to implement telemedicine...
OAA update includes ‘disappointing’ language that could burden providers, group says
By
Kimberly Bonvissuto
Feb 09, 2024
Some provisions in the most comprehensive update to the Older Americans Act in 36 years raise concerns about potentially stifling innovation and creating undue burdens on service providers, according to...
‘Rich opportunities, daunting challenges’ ahead for senior living: report
By
Kimberly Bonvissuto
Feb 08, 2024
2024 will bring both “rich opportunities” and “daunting challenges” as senior living takes “two steps forward and one back,” according to a new Argentum industry forecast report.