Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Diversified Health Care Trust, AlerisLife report fourth-quarter earnings
By
Kathleen Steele Gaivin
Feb 25, 2022
Real estate investment trust Diversified HealthcareTrust and provider AlerisLife, formerly known as Five Star Senior Living, held their fourth-quarter and year-end 2021 earnings calls on Thursday.
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Winning the tug-of-war with home health staff development
By
Don Spiers
Mar 18, 2021
It’s a huge advantage for home health to have more patients and wider access to a variety of referral streams. But we have seen some difficulties related to that shift too.
Senior living mourns loss of Granger Cobb
By
Lois A. Bowers
Sep 24, 2015
“Pioneer,” “beloved” and “titan” are some of the words being used to describe the late senior living leader.
State News July 2014
Jul 01, 2014
ILLINOIS — Democratic Gov. Patrick Quinn was expected to sign legislation designed to reverse decades of race-based disparities in the care provided in all types of long-term care settings.
Senior housing occupancy falls 1.1 percent in April, and May could see ‘pretty significant impact,’...
By
Lois A. Bowers
May 20, 2020
Occupancy in senior housing fell 1.1% to 88.7% in April, according to data released Tuesday by the National Investment Center for Seniors Housing & Care. The rate was 1% lower than the prior year, NIC...
Pandemic’s upending of senior living might not be such a bad thing: speaker
By
Kimberly Bonvissuto
Nov 11, 2020
Senior living and care has been one of the industries most disrupted by the COVID-19 pandemic, creating “radical changes” in resident engagement. But that might not be such a bad thing, according to...
Game changer
By
John Hall
Dec 01, 2015
Technology has produced miracles in this sector for decades — from helping 70-year-olds defy the curse of failed hips and causing bone-deep pressure wounds to heal, to protecting mind-ravaged residents...
HCP closes on $866 million in acquisitions as it transforms senior housing portfolio
By
Lois A. Bowers
Aug 02, 2019
HCP continues work to transform the senior housing part of its portfolio, closing on $866 million in acquisitions in the second quarter, among other actions. The REIT’s CEO also commented on HCP’s...