Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Atria CEO talks about confronting questions, preparing for future of senior living
By
Lois A. Bowers
Apr 22, 2024
New Atria CEO Holly Belter-Chesser recently took a few minutes to share her thoughts with McKnight’s Senior Living about the company, the industry and the future of senior living.
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
Congress should create national database about older adults in guardianships, group says
By
Lois A. Bowers
Apr 01, 2024
Congress should create and fund a national database that contains demographic data about older adults who have guardians, recommends a new white paper from Justice in Aging.
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Assisted living rates up 0.6 to 3.8 percent
By
Lois A. Bowers
Mar 29, 2024
Average assisted living community rates increased between 0.6 and 3.8% in 2023 nationally, depending on room type, according to illumifin, an administration and claims solution provider for long-term care...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Well-being could be the path to improved dementia prevention and care: report
By
Lois A. Bowers
Apr 01, 2024
Increasing well-being may be a promising nonpharmacological approach to preventing dementia, and among people already living with dementia, well-being may be improved through environmental changes and...