Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
Senior living hacker sentenced to 20 years for $27 million ransomware attack
By
Kimberly Bonvissuto
Oct 07, 2022
A Canadian man linked to an international network of ransomware attacks affecting the senior living industry during the COVID-19 pandemic has been sentenced to 20 years in prison and ordered to forfeit...
Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.
Senior living, skilled nursing lead the way in healthcare bankruptcy filings
By
Kimberly Bonvissuto
Aug 24, 2022
Healthcare bankruptcy filings are up 25% this year overall, with the senior care sector — including senior living and skilled nursing — leading the way, according to the results of a new survey by...
Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...
Leaders identify funding sources for senior living wellness model
By
Kimberly Bonvissuto
Jul 22, 2022
Senior living operators looking for ways to pay for an increased presence of wellness programming in their communities have several options, concluded a think tank of senior living leaders who attended...
$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...
‘Overhaul’ of senior living is coming, and operators must be ready: panel
By
Kimberly Bonvissuto
May 18, 2022
MINNEAPOLIS — The senior living industry must transform to meet the changing needs and expectations of residents and their families, a panel of senior living leaders said Tuesday at Argentum’s 2022...
AARP Livability Index a ‘powerful tool’ for senior living operators, residents
By
Kimberly Bonvissuto
Apr 19, 2022
An online tool rating community livability could be a “powerful tool” for senior living operators and prospective residents and their families, according to the organization behind it.