Senior living occupancy falls slightly in first quarter as industry braces for COVID-19 impact
By
Lois A. Bowers
Apr 10, 2020
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior...
U.S. assisted living charges range from $50,892 to $62,976 per year, on average: survey
By
Lois A. Bowers
Apr 03, 2020
Assisted living operators nationwide in 2019 charged average monthly prices from $4,241 for a studio apartment to $5,248 for a two-bedroom unit, but pricing varied greatly based on location, according...
AHCA / NCAL, AMDA blast ‘short-sighted’ plans to discharge people with COVID-19 from hospitals to...
By
Lois A. Bowers
Mar 30, 2020
“The question all state officials must consider is whether the risk of introducing a virus with an estimated 30% or higher mortality rate into a nursing home or assisted living community outweighs...
Assisted living average price per unit reaches record $248,400: report
By
Lois A. Bowers
Mar 20, 2020
The average price per unit in assisted living increased to a record $248,400 in 2019, which was 12% higher than the previous high of $221,250 per unit in 2017, according to a new report.
Quality, collaboration remain shared goals, battling associations say as they await decision on national...
By
Lois A. Bowers
Feb 19, 2020
Quality remains a shared priority for two groups of senior living associations involved in a dispute over whether Argentum should be permitted to develop national standards for the industry through the...
‘Baseless’ lawsuit said to be part of ‘ongoing campaign’ that could affect operators across the...
By
Lois A. Bowers
Feb 19, 2020
One of the country’s largest senior living operators is pushing back against a potential class action lawsuit in California, calling its claims “baseless” and “categorically false.” The outcome...
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
Assisted living, memory care, middle market among priority areas for provider group in 2020
By
Lois A. Bowers
Feb 05, 2020
Working to keep the regulation of assisted living at the state level, helping ensure full funding for programs for memory care residents, and advocating for financing reform to help middle-income older...
Researchers call for improved state websites about assisted living
By
Lois A. Bowers
Jan 31, 2020
Improving the information available about assisted living communities on state websites could help steer prospective residents and their families to communities that best meet their needs and minimize...
Average assisted living administrator salary tops $100,000
By
Lois A. Bowers
Jan 28, 2020
Salaries for assisted living administrators working in assisted living communities averaged $100,622 in 2019, an increase of 3.6% over 2018, when the average salary was $97,126, according to the 22nd annual...