CareTrust REIT expects ‘supercharged growth for the foreseeable future’
By
Lois A. Bowers
Aug 05, 2024
The first six months of 2024 have been “strong” for CareTrust REIT President and CEO Dave Sedgwick said Friday on a second-quarter earnings call, adding that “momentum is actually building” and...
The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
Lutheran Senior Services opens Netherlands-inspired dementia village, with more on the way
By
Kimberly Bonvissuto
Jul 30, 2024
Inspired by a dementia village model in the Netherlands, a US senior living operator is opening a new memory care neighborhood concept in two of its communities to provide a “safe and immersive” experience...
Reports reveal best, worst states for retirement, falls among older adults
By
Kimberly Bonvissuto
Aug 02, 2024
New reports take a look at the best and worst states for older adults to settle in for retirement, as well as the states with the worst statistics for older adult falls.
Effective leadership, management practices benefit insurance underwriting process
By
Kimberly Bonvissuto
Aug 02, 2024
Strong leadership, quality assurance programs and transparency are key considerations that affect insurance underwriting in senior living, according to an insurance expert.
Clif Porter sees ‘huge’ opportunities and ‘some level of trepidation’ for assisted living as...
By
Lois A. Bowers
Jul 29, 2024
As Clif Porter prepares to become the next president and CEO of the American Health Care Association/National Center for Assisted Living, he sees good things ahead for assisted living providers, but he...
Staff development helps combat high cost of turnover
By
Kimberly Bonvissuto
Jul 30, 2024
Although workforce challenges in senior living abound — including the high cost of turnover — there are “bright spots illuminating a path forward,” according to the findings of a new workforce...
Cost, quality of care inform lists of nation’s most/least expensive assisted living communities
By
Kimberly Bonvissuto
Jul 17, 2024
As the nation’s population of older adults begins to scrutinize their senior living options, Seniorly analyzed rates from its more than 60,000 senior living community network to create a list of the...
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...