Senior living has ‘lots to watch’ during debt deal negotiations
By
Kimberly Bonvissuto
Jun 01, 2023
As Democrats and Republicans continued work toward passing a debt ceiling deal, the senior living industry is waiting to see how some provisions could affect providers.
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Labor costs driving up resident fees: survey
By
Lois A. Bowers
Oct 30, 2016
Labor costs are the primary driver for monthly fee increases charged to residents of not-for-profit senior living communities, according to a new poll by speciality investment bank Ziegler.
Service coordinator salaries present challenges for workers, providers, residents: report
By
Kimberly Bonvissuto
Oct 05, 2023
A new report finds that the average annual salary for full-time affordable housing service coordinators could make it difficult for providers to recruit new workers, could result in residents experiencing...
Brookdale to pay $3.25 million in 10-facility settlement over alleged illegal practices
By
Amy Novotney
Mar 15, 2022
Brentwood, TN-based Brookdale Senior Living has reached a $3.25 million settlement with the state of California in response to a legal action filed last year accusing Brookdale of lying to the Centers...
Budget deal has winners, losers, senior living officials say
By
Lois A. Bowers
Oct 27, 2015
The tentative budget deal that congressional leaders and President Barack Obama reached Monday contains good news for some and bad news for others, according to senior living industry officials.
Insurance premiums rise for senior living operators due to pandemic: NIC
By
Kimberly Bonvissuto
Jul 29, 2022
Professional liability and property insurance premiums for senior living operators are increasing thanks to COVID-19, according to the results of a new National Investment Center for Seniors Housing &...
Senior living, skilled nursing lead the way in healthcare bankruptcy filings
By
Kimberly Bonvissuto
Aug 24, 2022
Healthcare bankruptcy filings are up 25% this year overall, with the senior care sector — including senior living and skilled nursing — leading the way, according to the results of a new survey by...
Two more sentenced in American Senior Communities fraud scheme
By
Lois A. Bowers
Jul 10, 2018
Two more defendants were sentenced Monday for their roles in a $19.4 million fraud, kickback and money-laundering scheme that previously led to prison terms for two former American Senior Communities executives.