Assisted living, CCRC workforce recovery among slowest in healthcare: NIC
By
Kimberly Bonvissuto
Jun 27, 2022
Assisted living communities, continuing care retirement communities and skilled nursing facilities are experiencing slower workforce recoveries compared with other healthcare sectors, according to a new...
Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.
‘Be vigilant’ in face of OSHA scrutiny related to COVID-19, attorney advises
By
Kathleen Steele Gaivin
Jun 27, 2022
Skilled nursing facility and senior living community operators “should continue to be vigilant” in their COVID-19 mitigation measures even though the Occupational Safety and Health Administration’s...
$18 million tech startup eyes creating efficiencies specifically for assisted living
By
Kimberly Bonvissuto
Jun 24, 2022
A chance encounter on a playground led to the launch of a startup aimed at streamlining the work of assisted living staff members and operators through technology. The case of August Health provides a...
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
People in the news, June 21
By
Nicole Blanchard
Jun 21, 2022
Appointments and promotions at Bridge Senior Living, Claiborne Senior Living, Erickson Senior Living, Hebrew SeniorLife, Indiana Health Care Association / Indiana Center for Assisted Living, Life Care...
Riverside, CA, first primary market to reach pre-pandemic stabilized occupancy level
By
Kathleen Steele Gaivin
Jun 21, 2022
Riverside, CA, is the first of the 31 primary markets that NIC MAP follows to reach its pre-pandemic stabilized occupancy level, according to the intra-quarterly snapshot released Thursday by the National...
$2.3 million will fund abuse and neglect investigation efforts in assisted living, other settings
By
Kimberly Bonvissuto
Jun 17, 2022
Programs serving older adults and people with disabilities were awarded $2.3 million in federal grant funding to help combat abuse in assisted living communities and other long-term care settings.
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
People in the news, June 14
By
Amy Novotney
Jun 14, 2022
Appointments, promotions and other news at Addington Place of Alpharetta, Arrow Senior Living, Atria Senior Living, CAC Specialty, Cardinal Ritter Senior Services, Dining RD, Erickson Senior Living, HealthPRO...