Numerous factors are helping the senior housing industry evolves and matures. That’s according to the National Investment Center for Seniors Housing & Care.
California study holds lessons for middle-market providers nationwide: NIC
By
Kathleen Steele Gaivin
Nov 01, 2022
The first state-level assessment of middle-income older adults that the National Investment Center for Senior Housing & Care conducted has lessons for providers all over the country, NIC Senior Principal...
Business briefs, Oct. 26
By
Kathleen Steele Gaivin
Oct 26, 2022
IRS increases pre-tax contributions limit for retirement savings … Labor Department fines SNF $86K for back wages, damages; determined violations of child labor laws … Middle-market is ‘the future...
$80M federal program to boost nursing training
By
Kathleen Steele Gaivin
Oct 06, 2022
The Department of Labor will beef up its Nursing Expansion Grant Program with $80 million in grants, the department announced Monday.
Rate surge seen as threat to middle market enthusiasm
By
Kathleen Steele Gaivin
Sep 27, 2022
Many senior living and care providers across the country have raised their rates this year, as inflation continues to drive expenses for staples such as food, supplies and energy.
CMS reveals more nursing home ownership information
By
Kimberly Marselas
Sep 26, 2022
The Centers for Medicare & Medicaid Services yesterday made more nursing home ownership data available as part of the White House’s push to increase transparency in the sector.
Executive Home Care acquires Assisted Living Locators
By
Kathleen Steele Gaivin
Sep 09, 2022
Hackensack, NJ-based Executive Home Care has acquired Scottsdale-based Assisted Living Locators, the in-home care provider announced Thursday. Financial terms of the deal were not disclosed.
Senior living community rebrands to attract middle-income older adults, adds nursing care
By
Kathleen Steele Gaivin
Jul 21, 2022
A Westland, MI, senior living community that was slated to close last year has found new life with rebranding meant to attract interest from middle-income older adults.
Former school repurposed for New England’s first LBGTQ affordable senior housing community
By
Kathleen Steele Gaivin
Jun 13, 2022
The former William Barton Rogers Middle School in Hyde Park, MA, which has sat idle for years, soon will see new life as Boston’s — and all of New England’s — first affordable housing community...
Market segmentation means it’s ‘a very interesting time’ in senior living: NIC
By
Kathleen Steele Gaivin
Jun 09, 2022
The market segmentation occurring in senior housing right now — with differentiation by price and service offerings including middle-market properties, luxury senior living apartments and active adult...