‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Senior living needs units, investment — fast — but has ‘undeniable sense of optimism’
By
Kimberly Bonvissuto
Jan 08, 2024
With a projected need for 200,000 additional senior living units by next year, inventory and investment isn’t set to keep pace with the growing demand, Lisa McCracken, head of research and analytics...
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Decline in resident frailty after move-in highlights senior living’s value proposition: study
By
Kimberly Bonvissuto
Sep 27, 2023
Although frailty levels increase in the months leading up to a move into a senior living community, that vulnerability quickly levels off and continues to decline after move-in, according to research released...
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
Study proving longevity benefits of senior living is something for operators to ‘jump up and down’...
By
Kimberly Bonvissuto
Mar 06, 2024
Older adults who live in senior living communities live longer, receive more healthcare services and benefit from greater rehabilitative and preventive care within the first two years of moving into a...
More news for Monday, Feb. 5
By
Kimberly Bonvissuto
Feb 05, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Use of Medicaid wraparound services by dually eligible individuals varies by service, state … StartUp Health launches global Alzheimer’s...
AI has adoption costs, integration challenges, NIC council member warns
By
Aaron Dorman
Oct 12, 2023
Senior care providers must consider the cost of AI solutions, and how to incorporate them into existing systems, according to a new report.
‘Unique’ senior living workforce challenges have 3 solutions, former Speaker Paul Ryan says
By
Lois A. Bowers
Oct 25, 2023
CHICAGO — Three keys to solving workforce shortages in senior living and skilled nursing are changes to the country’s social safety net, reforms to immigration policies, and the use of technology,...