Good news for assisted living operators is that, according to Bureau of Labor Statistics data, employment in the sector has returned to pre-pandemic levels. But…
Largest senior living providers in 2017 named by Argentum
By
Lois A. Bowers
Nov 15, 2017
This year’s list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
New partnership aims to ‘transform’ senior living through real estate, care, tech
By
Kimberly Bonvissuto
Sep 28, 2023
A Brentwood, TN, assisted living and memory care community is the launch point for a new partnership that aims to create an innovation center for technology and data solutions for the senior living industry...
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
PharMerica to go private in $1.4 billion deal as it looks to ‘aggressively compete’ for assisted...
By
Lois A. Bowers
Aug 02, 2017
PharMerica Corp. says that its $1.4 billion acquisition by a newly formed company controlled by global investment firm KKR, with Walgreens Boots Alliance as a minority investor, will provide additional...
Senior living’s pandemic losses projected to grow to $30 billion through June
By
Kimberly Bonvissuto
May 24, 2021
Senior living providers have incurred $22.5 billion in pandemic-related costs to date, with uncompensated financial losses expected to grow to $29.8 billion through the first half of this year, according...
Investors excited about independent and assisted living: report
By
Lois A. Bowers
Jan 05, 2018
Investors this year will be most attracted to “lifestyle-focused” segments of seniors housing, including one that may surprise some, according to a new report from commercial real estate services...
Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000...
By
Lois A. Bowers
Sep 17, 2019
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according...
How communities are addressing staff turnover, vacancies
By
Lois A. Bowers
Jan 26, 2016
A new report shares the actions being taken by assisted living communities to recruit and retain staff. Some positions provide more of a challenge than others.
COVID-19 healthcare standards must reflect current stage of pandemic, industry group says
By
Kimberly Bonvissuto
Jan 06, 2023
As the federal government mulls a forthcoming final healthcare standard on COVID-19, one senior living advocacy group is pushing for consistent protocols that recognize the current stage of the pandemic.