Argentum releases 2023 lists of largest senior living providers; industry expresses ‘cautious optimism’...
By
Kimberly Bonvissuto
Sep 18, 2023
In a post-COVID world, the senior living industry is “cautiously optimistic” about its future as it experiences significant market changes driven by a combination of demographic shifts, evolving consumer...
Proposed legislation has dual benefits for older adults, long-term care workforces
By
Kimberly Bonvissuto
Aug 22, 2023
A bill that would remove a barrier to re-entry into the workforce by early retirees could also be a big win for a senior living sector looking to rebuild its workforce in the wake of the COVID-19 pandemic.
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Interest in HCBS as growth strategy wanes among senior living providers
By
Kimberly Bonvissuto
Aug 10, 2023
Ready to put the COVID-19 pandemic behind them, senior living executives are preparing to push forward with growth plans — some in surprising ways, according to the newly released results of a recent...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
20 months in a row of occupancy growth reported by Brookdale Senior Living
By
Kimberly Bonvissuto
Jul 13, 2023
A 160-basis-point increase in weighted average occupancy for June means Brookdale Senior Living has seen 20 consecutive months of year-over-year occupancy growth.
Pandemic challenges send large nonprofit CCRC into bankruptcy
By
Kimberly Bonvissuto
Jun 13, 2023
One of the nation’s largest nonprofit continuing care retirement communities is citing pandemic losses in filing for bankruptcy as the COVID-19 pandemic continues to have a ripple effect on the senior...
Brookdale Senior Living sees 19 straight months of occupancy growth
By
Kimberly Bonvissuto
Jun 12, 2023
Brookdale Senior Living achieved 19 consecutive months of year-over-year weighted average occupancy growth in May, the company announced in its most recent occupancy report.
RIP PRF: Debt ceiling deal effectively ends pandemic relief program with billions unspent
By
Kimberly Bonvissuto
Jun 09, 2023
The bipartisan debt ceiling deal has officially signaled the death knell for the Provider Relief Fund, with billions in funds that potentially could have assisted senior living and other long-term care...
Senior living has ‘lots to watch’ during debt deal negotiations
By
Kimberly Bonvissuto
Jun 01, 2023
As Democrats and Republicans continued work toward passing a debt ceiling deal, the senior living industry is waiting to see how some provisions could affect providers.