$3 million Medicaid reimbursement bump a ‘lifesaver’ for some assisted living providers
By
Kimberly Bonvissuto
Jul 28, 2021
A temporary 25% Medicaid reimbursement rate bump is being called a “lifesaver” for some assisted living providers, according to New Jersey senior living associations.
Hebrew SeniorLife expansion gets funding from town
By
Kathleen Steele Gaivin
Jul 28, 2021
The nonprofit Hebrew SeniorLife in Randolph, MA, is expanding its affordable senior housing with help from the town, and the Massachusetts Department of Housing and Community Development will support the...
Proposed legislation aims to make long-term care insurance more affordable
By
Kimberly Bonvissuto
Jul 26, 2021
Proposed legislation supported by some senior living associations would allow individuals to pay for long-term care insurance from existing retirement accounts without a tax penalty.
National Health Investors expects more than 90 percent collection this month
By
Kathleen Steele Gaivin
Jul 21, 2021
National Health Investors already has collected 88.4% of its contractual cash due for July, the real estate investment trust said Monday in a business update.
Active adult bumps assisted living from top spot for investor interest: CBRE report
By
Kimberly Bonvissuto
Jul 19, 2021
Senior housing and care investors expect positive occupancy recovery trends, with active adult communities re-emerging at the top of the opportunity list, according to the H1 2021 CBRE Seniors Housing...
Occupancy, move-ins increase; attracting staff remains major challenge: NIC survey
By
Kathleen Steele Gaivin
Jul 16, 2021
The senior living and care industry is slowly rebooting since the COVID-19 vaccine came online, according to results of the latest executive survey released Thursday by the National Investment Center for...
Integrated social–medical model presents opportunities for assisted living operators: panelists
By
Kimberly Bonvissuto
Jul 15, 2021
Assisted living’s move from a social model to a medical model — or at least a hybrid model — presents marketing and other opportunities for providers, speakers said Wednesday during a leadership...
COVID down, interest up, but senior living occupancy unchanged as inventory grows
By
Lois A. Bowers
Jul 09, 2021
Senior housing occupancy (independent living and assisted living combined) held steady at 78.7% in the second quarter, despite declining cases of COVID-19 and increasing interest in independent living...
Biden order to curtail licensure requirements, noncompete agreements: report
By
Kathleen Steele Gaivin
Jul 09, 2021
An expected executive order from President Joe Biden curtailing employers’ use of noncompete agreements and banning some occupational licensing agreements could represent federal government overreach...
Business briefs, July 9
By
Kathleen Steele Gaivin
Jul 09, 2021
COVID down, interest up, but senior living occupancy unchanged as inventory grows … Phoenix Senior Living, Phoenix Development Group hire summer interns to educate about senior living industry …...