The senior living community of Crestavilla will be opening later this year in Laguna Niguel, CA, having displaced some long-time residents that will be moving to the Natural History Museum of Los Angeles...
Flexibility resulting from Medicare changes could be good for some, CEO says
By
Lois A. Bowers
Oct 07, 2019
The devil is in the details, as the saying goes, but President Trump’s call for changes to the Medicare program could mean some good things for senior living residents and the providers who serve them,...
4 industry leaders to join ASHA Senior Living Hall of Fame
May 11, 2021
Four senior living industry pioneers have been named to the 2021 class of the American Seniors Housing Association’s Senior Living Hall of Fame. Carl Campbell, Robert Thomas, William Thomas and Patricia...
Pennant puts acquisitions on hold for senior living but not home health, hospice
By
Lois A. Bowers
Feb 26, 2021
In the midst of a “challenging operating environment” for senior living, The Pennant Group does not plan to allocate capital for acquisitions in the sector in the near term “as our leaders focus...
Innovations may encourage retirement saving, committee hears
By
Lois A. Bowers
Jun 15, 2016
New apps and programs might encourage people to save more money for their needs in retirement and improve their financial literacy, said speakers at Wednesday’s hearing of the Senate Special Committee...
MBK to acquire WESTliving portfolio for $382 million
By
Lois A. Bowers
May 25, 2018
Irvine, CA-based MBK Real Estate will spend $382 million to buy nine senior living communities from Carlsbad, CA-based WESTliving. MBK’s parent company, Tokyo-based Mitsui & Co., announced the news...
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
CMS gives states 3 more years to comply with HCBS final rule
By
Lois A. Bowers
May 09, 2017
States will have until 2022 to comply with a final rule regarding the provision of home- and community-based services to Medicaid beneficiaries, the Centers for Medicare & Medicaid Services announced Tuesday.
Feds outline COVID-19 vaccine availability timeline for senior living residents, staff
By
Lois A. Bowers
Oct 22, 2020
A COVID-19 vaccine should be available for assisted living community, independent living community and nursing home residents and staff members by December or January, federal officials said Wednesday.
New Senior to move 21 communities from Holiday to Atria to diversify portfolio
By
Lois A. Bowers
Feb 26, 2021
New Senior Investment Group will transition the management of 21 senior living communities in its 103-community portfolio from Holiday Retirement to Atria Senior Living in an effort to diversify the operator...