Senior living will ‘benefit greatly’ from ‘largest federal investment’ of $244 million in apprenticeships,...
By
Kathleen Steele Gaivin
Jul 15, 2024
The White House has announced the awarding of $244 million in grants aimed at bolstering registered apprenticeship programs across the country.
Senior living sees overall occupancy increase for 12th consecutive quarter
By
Kimberly Bonvissuto
Jul 12, 2024
Senior living occupancy saw its 12th consecutive quarter of overall occupancy gains in the second quarter, although independent living broke previous patterns by surpassing assisted living in its occupancy...
Senior living providers embrace role in CMS dementia care pilot program
By
Kimberly Bonvissuto
Jul 11, 2024
Senior living providers named participants in the federal government’s new dementia care pilot program said they are excited to be part of a new effort to support people living with dementia and their...
Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
Senior living operator opens state’s first elder abuse sanctuary, part of a growing network
By
Kimberly Bonvissuto
Jun 25, 2024
With statistics showing that one in 10 older adults in the United States is a victim of elder abuse, Delaware is joining a growing network committed to sheltering those victims and helping them on the...