Capital Senior Living: COVID-19 effects ‘raise substantial doubt’ about future
By
Lois A. Bowers
May 21, 2020
COVID-19’s negative effects on occupancy, revenues and expenses “raise substantial doubt about the company’s ability to continue as a going concern,” Capital Senior Living said Thursday in a press...
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Feb. 18 hearing set to discuss national senior living standards
By
Lois A. Bowers
Jan 16, 2020
The American National Standards Institute has set a hearing date of Feb. 18 for its Executive Standards Council to hear appeals to the organization’s approval of Argentum’s application to be an accredited...
Strong Q4 revenues propel InnovAge for growth in 2022
By
Diane Eastabrook
Sep 22, 2021
A nearly 7.5% increase in census helped InnovAge, a leading Program for All-Inclusive Care for the Elderly, turn in blockbuster fourth-quarter revenues.
Proposed federal quality measures could exacerbate providers’ financial woes, groups warn
By
Lois A. Bowers
Jul 07, 2023
Quality measures that are part of a proposed rule from the Centers for Medicare & Medicaid Services have the potential to burden assisted living providers financially and administratively, industry advocates...
Bill would ban COVID-19 vaccine mandates despite older adults remaining at highest risk for serious outcomes
By
Kimberly Bonvissuto
Nov 02, 2023
A study underscoring the need to continue to protect older adults from COVID-19 comes as one state appears close to banning COVID-19 vaccine mandates by private employers, including senior living communities.
Bacon, Erickson, Vick to join ASHA Senior Living Hall of Fame in 2022
Jan 12, 2022
Brenda Bacon, John Erickson and Steven Vick will be inducted into the American Seniors Housing Association Senior Living Hall of Fame later this month at the organization’s annual meeting in Phoenix,...
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Fragmented markets, small operators are challenges for NIC’s Actual Rates Initiative
By
Lois A. Bowers
Mar 05, 2020
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a...
CMS dementia care pilot program to expand care delivery options
By
Kimberly Bonvissuto
Aug 01, 2023
Assisted living residents may be part of a new Medicare dementia care model that will test an alternative payment for family caregivers while expanding care delivery options to allow people living with...