Senior living providers advised to ‘carefully evaluate’ employee classifications in light of new...
By
Kimberly Bonvissuto
Jan 10, 2024
A large national trade group advocating for senior living and other long-term care providers is urging its members to “carefully evaluate their existing classifications” of workers following the Tuesday...
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Active adult consumers want a sense of community but are open to senior living if the need arises
By
Kimberly Bonvissuto
May 23, 2024
Although some older adults choose active adult communities over independent living or continuing care retirement / life plan communities, the active adult sector does not appear to be “poaching” large...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
HRSA may seek recovery of $159M in potential PRF overpayments
By
Kimberly Bonvissuto
Mar 11, 2024
An audit of Phase 2 distributions from the Provider Relief Fund has revealed roughly $18.4 million in potential overpayments that a federal watchdog agency says should be recovered from healthcare providers.
Residency should not determine access to emergency services, including lift assists, leaders say
By
Kimberly Bonvissuto
May 07, 2024
The senior living industry is pushing back against a Washington Post story about senior living providers’ use of 911 for lift assists, saying that where an older adult lives should not determine whether...
Updated: Healthpeak Properties to merge with Physicians Realty Trust in $21 billion deal
By
Lois A. Bowers
Oct 30, 2023
Denver-based real estate investment trust Healthpeak Properties, with a portfolio that includes 15 continuing care retirement communities, will merge with Milwaukee-based Physicians Realty Trust in an...
‘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....