Innovation will attract the next-generation consumer to senior living, speakers say
By
Kimberly Bonvissuto
Oct 26, 2023
CHICAGO — The baby boomers will change the senior living industry dramatically and already are pushing it to a point of reckoning, according to a panel of experts discussing the next generation of 55-plus...
Competition leads to ‘pronounced’ changes in senior living occupancy dynamics: NIC
By
Kimberly Bonvissuto
Jun 12, 2023
The senior housing market is experiencing a “pronounced change in occupancy dynamics,” reflecting “intense” competition between new and existing properties, according to the latest NIC MAP Vision...
Pandemic was ‘ignition switch’ to underscore quality-of-life issues for residents, staff: experts
By
Kimberly Bonvissuto
Jul 20, 2022
Indoor air quality is one of the most significant factors in creating a healthy environment in senior living communities and skilled nursing facilities, according to panelists who spoke during a McKnight’s...
Maintaining independence is biggest draw for potential senior living residents, study suggests
By
Kimberly Bonvissuto
Jun 06, 2023
Highlighting their efforts to help residents maintain their independence may help senior living operators attract more residents than highlighting affordability, suggest the results of a McKinsey Health...
Mortality, hospice use rates differ in assisted living communities depending on whether memory care is...
By
Kimberly Bonvissuto
Apr 04, 2024
Assisted living communities that provide memory care services may attract residents closer to the end of life or promote hospice use at the end of life compared with assisted living communities without...
Oldest boomers aren’t looking for their parents’ senior living: panels
By
Kimberly Bonvissuto
Sep 19, 2022
WASHINGTON, DC — Senior living providers looking to entice tomorrow’s residents should forget about John Wayne and Bing Crosby and think about Pink and Madonna instead.
Senior living’s value proposition is changing, but providers can adapt and stay relevant, expert says
By
Kimberly Bonvissuto
May 10, 2024
The senior living industry is suffering from a trust and image problem, as well as a data problem. But it’s still possible for the sector to adapt to emerging technology trends to reshape its future.
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
Senior living operator’s 4-day work week pilot results in significant jump in job applications
By
Kimberly Bonvissuto
Feb 02, 2023
When two Wisconsin senior living communities announced that they were participating in a four-day work week pilot, job applications jumped significantly and jobs that had been open for an extended period...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...