Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
Provider launches ‘self-service’ approach to sales, new membership model
By
Kimberly Bonvissuto
Sep 19, 2023
An Arizona independent living provider is betting on transparent pricing models and a resident membership model to create a new approach to senior living.
Arizona AG asks court to seize control of state’s ‘most notorious assisted living facility’
By
Kimberly Bonvissuto
Mar 26, 2024
Arizona’s top attorney is asking a court to seize control of “the most notorious assisted living facility in Arizona” amidst allegations of elder abuse and consumer fraud.
Operators plan lower fee increases despite costs that remain elevated
By
Kimberly Bonvissuto
Oct 06, 2023
The high monthly resident fees introduced by senior living operators in the wake of the COVID-19 pandemic are starting to taper off, but that doesn’t mean costs are coming down, according to results...
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
McKnight’s Spirit Awards to go to 4 inspirational women in long-term care
By
Adam Healy
Josh Henreckson
Foster Stubbs
Lois A. Bowers
Feb 22, 2024
Four women have been chosen as the third class of Spirit Award winners as part of the 2024 McKnight’s Women of Distinction program.
Diversified Healthcare Trust’s senior living portfolio continues to struggle following merger collapse
By
Kimberly Bonvissuto
Sep 26, 2023
Diversified Healthcare Trust’s senior housing operating portfolio continues to struggle in its post-pandemic recovery, according to a monthly performance update released Monday.
Repositioning plans can help improve census, margin in senior living
By
Kimberly Bonvissuto
Oct 20, 2023
Revitalizing marketability and driving higher occupancy in a competitive senior living market can be boiled down to developing strategic repositioning plans to ensure a successful future, according to...
Older adult population will surpass younger age groups in 2029 as ‘notable shifts’ occur
By
Kimberly Bonvissuto
Nov 22, 2023
The US older adult population is expected to surpass the size of younger age groups in 2029, according to the latest US Census Bureau population projections, which also forecast that the nation’s population...
Break through prospects’ ‘paralysis by analysis’ by creating emotional connection: panel
By
Kimberly Bonvissuto
Apr 26, 2024
As senior living prospects become more digitally oriented, they are more educated than ever about life plan communities and their benefits, but sales teams aren’t seeing increased move-ins or shorter...