April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Rising operating expenses surpass staffing as top provider concern: NIC
By
Kathleen Steele Gaivin
Aug 26, 2022
Rising operating expenses are now the top-cited challenge for long-term care providers, according to the latest Executive Survey Insights report, released Thursday by the National Investment Center for...
Assisted living particularly attractive to investors: JLL
By
Kimberly Bonvissuto
Jan 26, 2023
Investors remain optimistic about senior housing, with many planning to increase their exposure to the sector in 2023 — particularly in assisted living, according to the latest investor survey 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,...
Speakers predict design, service, financing trends in senior living
By
Lois A. Bowers
Mar 09, 2016
Senior living, real estate management and banking professionals shared their thoughts on design, service and financing trends during a NIC 2016 Spring Investment Forum session.
Chapman, Duker, Kramer are 2024 inductees into Senior Living Hall of Fame
Jan 05, 2024
The late George Chapman, along with Marilynn Duker and Robert G. Kramer, are the 2024 inductees into the Senior Living Hall of Fame, the American Seniors Housing Association announced Thursday.
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...
Senior living wages competitive against other healthcare sectors: NIC
By
Kimberly Bonvissuto
Jul 26, 2022
The senior living industry employed more personal care aides than skilled nursing in 2021 and paid competitive wages that came close to the national hourly average, according to a new analysis of jobs...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...