Increasing personal needs allowance is about ‘dignity’ for residents, lawmakers say
By
Kimberly Bonvissuto
Mar 30, 2023
A bill proposing to double the monthly personal needs allowance for some senior living and other long-term care residents is about “dignity,” according to its sponsors.
CCRC occupancy performance holds lessons for success: NIC
By
Kimberly Bonvissuto
Mar 24, 2023
The ability of continuing care retirement communities to outperform other care settings and maintain consistently high occupancy rates throughout the COVID-19 pandemic offers lessons for the rest of the...
Brookdale’s year-over-year occupancy up 300 basis points in February
By
Kimberly Bonvissuto
Mar 10, 2023
Brookdale Senior Living reported a year-over-year 300-basis-point boost to its consolidated occupancy for February.
2 bills target stabilizing assisted living funding model
By
Kimberly Bonvissuto
Mar 08, 2023
Bills aimed at addressing funding in assisted living are making their way through state legislatures in Montana and New Jersey
Resident falls account for 75 percent of insurance claims with payment in senior living
By
Kimberly Bonvissuto
Mar 06, 2023
Resident falls claims continue to be the primary insurance loss driver for senior living providers, according to a new report.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Provider groups back reintroduced bill expanding veterans’ access to assisted living
By
Kimberly Bonvissuto
Feb 27, 2023
After going nowhere in the last Congress, a bill expanding veterans’ access to assisted living has been reintroduced in this Congress, with backing from all four main trade associations representing...
NHI seeks to capitalize on growth opportunities despite continuing challenges
By
Kimberly Bonvissuto
Feb 23, 2023
The outlook for 2023 is much more promising as National Health Investors returns to a focus on growth, according to President and CEO Eric Mendelsohn.
LTC Properties expects ‘hard, long, positive’ year
By
Kimberly Bonvissuto
Feb 17, 2023
2022 was a “hard, long, positive” year for LTC Properties, and Chairman and CEO Wendy Simpson anticipates much of the same in 2023. She made the prediction Thursday on the Westlake Village, CA-based...
Ventas seeks to exceed 2019 performance in 2023, CEO says
By
Kimberly Bonvissuto
Feb 13, 2023
Ventas is entering 2023 seeking to reach 2019 performance levels and then exceed them, Chairman and CEO Debra Cafaro said during Friday’s fourth-quarter and full-year 2022 earnings call.