Fragmented markets, small operators are challenges for NIC’s Actual Rates Initiative
By
Lois A. Bowers
Mar 05, 2020
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a...
NorthStar Realty selling $900 million interest in senior housing assets
By
Lois A. Bowers
Feb 25, 2016
NorthStar Realty Finance Corp. announced the pending and planned sale of senior living assets, a stock buy-back program and a potential recombination with NorthStar Asset Management Group Inc. in a Feb....
Senior Safe Act on the way to president’s desk
By
Lois A. Bowers
May 24, 2018
A bipartisan bill intended to help protect older adults from financial exploitation and fraud is on its way to the president’s desk to be signed into law.
PPE hoarding, price gouging now a crime, attorney general says; CEO cites ‘misplaced hierarchy’...
By
Lois A. Bowers
Mar 27, 2020
It is now a crime to hoard or price-gouge personal protective equipment, drugs and certain other health and medical resources that are scarce or threatened and needed to respond to the COVID-19 pandemic,...
Operator offers new perk for long-term employees: free care after retirement
By
Lois A. Bowers
Feb 01, 2017
A Virginia senior living operator is offering a new benefit to workers with at least 20 years of service: free care at their places of employment after retirement.
Senior Star counters ABP’s offer to Five Star shareholders
By
Lois A. Bowers
Oct 13, 2016
Senior Star Management Co. said Thursday that it plans to offer owners of Five Star Quality Care common stock $3.45 per share in an effort to purchase up to 10 million shares, which would represent approximately...
Senior living is a ‘huge opportunity’ in the long term, HCP believes
By
Lois A. Bowers
May 02, 2017
Wage pressures and lower occupancy levels due to new supply in the marketplace are short-term issues for senior living, Thomas M. Herzog, CEO of HCP, told analysts and others participating in a first-quarter...
Economist’s solution for Medicare, Medicaid funding woes? Term limits
By
Lois A. Bowers
Oct 19, 2018
Imposing term limits on elected officials would help solve funding issues for Medicare, Medicaid and Social Security, Gary D. Cohn, former director of the National Economic Council in the Trump administration,...
WesleyLife, Genesis partner to develop senior living communities
By
Lois A. Bowers
Jan 17, 2019
WesleyLife and Genesis Health System will join forces in a new entity to develop senior living communities to serve eastern Iowa and western Illinois, the organizations announced Wednesday.
CMS’ spending requirement in HCBS rule ‘not the right approach,’ senior living advocates say
By
Lois A. Bowers
Jul 06, 2023
A proposal that the Centers for Medicare & Medicaid Services says is meant to “support and stabilize the direct care workforce” in home- and community-based settings, if it becomes final, ultimately...