75 percent of not-for-profit aging service providers need more relief funds: LeadingAge survey
By
Amy Novotney
Apr 02, 2021
Approximately three-fourths of not-for-profit long-term senior housing and aging service providers report that when they add up all they have received through the Provider Relief Fund and all other pandemic-related...
Memory care suffers in 4Q 2020; NIC posts takeaways from actual rates report
By
Alicia Lasek
Mar 11, 2021
Memory care discounts in December were at their highest level since April 2020, and the sector had the largest monthly spread of below-average initial asking rates when compared with independent living...
Exclusive interview: CLC CEO discusses how the senior living industry needs to change
By
Lois A. Bowers
Feb 16, 2021
Jill Vitale-Aussem became president and CEO of Christian Living Communities in November after almost three years at The Eden Alternative, where she held the same titles. But she previously had spent approximately...
Business briefs for Wednesday, Dec. 2
Dec 02, 2020
PA governor vetoes bill giving senior living and care organizations limited liability protections … Americans’ feelings of financial security remains at pre-pandemic levels: survey … Older adults...
Memory care move-ins increasing; more operators offering rent concessions: NIC
By
Amy Novotney
Oct 02, 2020
More than half of the operators with memory care units saw September move-ins increase — the biggest jump within this sector since the pandemic began. That’s according to data collected from the...
More COVID-19 criminal charges against SNF leaders likely, legal experts say
By
Danielle Brown
Sep 29, 2020
Coronavirus-based criminal charges against two leaders of a Massachusetts veterans nursing home where 76 patients died will likely be the first of many cases across the country regarding nursing home care...
COVID-19 prompts closer look at healthcare in senior living, speakers say
By
Kimberly Bonvissuto
Sep 21, 2020
The fear that COVID-19 has created about congregate living “is very real,” and the senior living industry must take steps to allay it, according to Nexus Insights founder and President Bob Kramer.
Memory care initial rates average 8.5% below average asking rate: NIC
By
Amy Novotney
Sep 10, 2020
Average initial rates for residents moving into independent living, assisted living and memory care segments were below average asking rates amid the COVID-19 pandemic, with monthly spreads generally largest...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Report puts senior living on hot seat for requesting immunity from COVID-19 lawsuits
By
Kimberly Bonvissuto
Jun 12, 2020
Senior living and care providers found themselves on the hot seat with the release of a new report from a national consumer advocacy organization that has the support of a U.S. senator and takes several...