Operations, profitability remain stable for CCRCs, Fitch says
By
Lois A. Bowers
Sep 06, 2018
Operations and profitability remain stable for U.S. continuing care retirement communities, according to a newly released report from Fitch Ratings. Ratings pressure could be on the way, however.
Independent living is strongest performer over past four years
By
Lois A. Bowers
Aug 23, 2018
Independent living has been the strongest-performing senior housing segment overall in the primary markets since the most recent market cycle peak that was reached in the fourth quarter of 2014. That’s...
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”
Assisted living community makes a business case to add skilled nursing
By
Lois A. Bowers
Jul 23, 2018
At a time when many senior living community owners and operators are reducing their number of skilled nursing beds and many investors are shying away from the property type, one Texas assisted living community...
Baby boomers bode well for CCRCs
By
Lois A. Bowers
Jul 16, 2018
Continuing care retirement communities are expected to hold much appeal to baby boomers, and the good news is, the first wave of boomers will be entering the target age range for such communities within...
Assisted living occupancy drops to record low in second quarter
By
Lois A. Bowers
Jul 13, 2018
The occupancy rate for assisted living continued its downward trend in the second quarter, falling lower than last quarter’s record-low average of 85.7% to a low of 85.2%, according to data released...
Operator sees 5% retention increase through multifaceted approach to workforce issues
By
Lois A. Bowers
Jun 27, 2018
In an area where a 2.8% unemployment rate makes competition for high-quality workers especially great, Denver-based not-for-profit Christian Living Communities has rolled out several programs that it says...
Wages complicate housing for senior living workers: report
By
Lois A. Bowers
Jun 15, 2018
Senior living communities and long-term care facilities employ workers in job categories that are expected to be among the fastest-growing types over the next 10 years, according to projections from the...
Two paths to higher occupancy, per NIC
By
Lois A. Bowers
Jun 14, 2018
Two paths can help senior living operators prevent occupancy from dropping any further, according to the National Investment Center for Seniors Housing & Care.
More staffing, training could reduce deaths from dementia-related resident-on-resident incidents, researcher...
By
Lois A. Bowers
Jun 11, 2018
Addressing staffing and training issues could help reduce the number of deaths from resident-on-resident incidents involving assisted living and nursing home residents with dementia, says the author of...