Affordable senior housing communities share in $1.34M for ‘green energy’ upgrades
By
Kimberly Bonvissuto
Oct 23, 2023
Sixteen federal affordable housing properties are on the receiving end of more $1.34 million in new loans and grants to implement energy efficiency and climate resilient upgrades.
Assisted living sees 1.4 percent rate increase, lower than all other long-term care settings
By
Kimberly Bonvissuto
Mar 13, 2024
Although rate increases in assisted living communities were relatively low last year, increasing by 1.4% over 2022, those rates went up by 18.9% in total from 2021 to 2023, according to Genworth’s Cost...
‘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.
Fundamentals make it easy to get excited about senior living, expert says
By
Kimberly Bonvissuto
Mar 18, 2024
With solid demand, increasing occupancy and reduced supply, the underlying fundamentals driving top-line revenue growth in senior living are good, making it difficult not to get excited about the sector...
Student loan repayment program latest recruitment tool being tested by provider
By
Kimberly Bonvissuto
Jan 22, 2024
A new student loan repayment program — with no lifetime cap — is being used by one senior living provider as a recruitment tool for clinical staff members who have daunting school debt.
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
‘Most favorable fundamentals ever’ in senior living tee up ‘unprecedented’ growth opportunities:...
By
Kimberly Bonvissuto
Aug 05, 2024
The “most favorable fundamentals ever” in the senior living industry are setting up Ventas for an “unprecedented” multi-year growth opportunity fueled by demographic demand, Chairman and CEO Debra...
Senior living wages finally stabilizing across core clinical roles: expert
By
Kimberly Bonvissuto
Aug 06, 2024
For the first time in at least three years, wage growth is stabilizing across the core clinical roles in senior living, according to one expert.
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...
‘Forgotten middle’ near-retirees worse off than prior generations, will need stronger supports in...
By
Kimberly Bonvissuto
Feb 02, 2024
Members of the relatively neglected “forgotten middle” group of near-retirees are worse off in health and finances than their counterparts from more than two decades ago and are going to need stronger...