‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
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...
Providers need ‘meaningful aid,’ groups say as president unveils executive order
By
Kathleen Steele Gaivin
Apr 19, 2023
Building a pipeline of professional caregivers and then retaining them in long-term care are some of the goals of an executive order signed Tuesday by President Biden. Provider groups responded by calling...
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...
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
Senior living providers advised to ‘carefully evaluate’ employee classifications in light of new...
By
Kimberly Bonvissuto
Jan 10, 2024
A large national trade group advocating for senior living and other long-term care providers is urging its members to “carefully evaluate their existing classifications” of workers following the Tuesday...
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.
Urgency of senior living move-ins has changed little since before pandemic
By
Kathleen Steele Gaivin
Sep 11, 2023
Despite earlier speculation, the pandemic didn’t affect the urgency of prospective residents looking to move into senior living communities. That’s according to an article in the most recent issue...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
Brookdale Senior Living CEO: ‘Too soon to tell’ outcome of Senate inquiry
By
Kimberly Bonvissuto
Feb 22, 2024
Brookdale Senior Living’s leader said Wednesday she is confident in the company’s priorities in the face of growing scrutiny of the industry by the lay media and policymakers.