Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
Brookdale ushers in 29 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Apr 10, 2024
A 180-basis-point average occupancy gain in March represented the 29th consecutive month of year-over-year growth for Brookdale Senior Living, according to a Monday update from the Brentwood, TN-based...
Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip...
By
Kimberly Marselas
Apr 08, 2024
Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors have combined to increase the power that pharmacy benefit managers have over the specialized...
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC
By
Kimberly Bonvissuto
Apr 05, 2024
Senior living occupancy continued to close in on pre-pandemic levels in the first quarter of 2024, as occupancy increased for the 11th consecutive quarter, according to data released Thursday by the National...
Diversified Healthcare Trust reports occupancy dips, NOI increases
By
Kimberly Bonvissuto
Apr 04, 2024
Newton, MA-based real estate investment trust Diversified Healthcare Trust’s senior housing operating portfolio continues its post-COVID-19 pandemic recovery, although occupancy dipped slightly in February,...
Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
AHCA/NCAL’s Parkinson honors ‘real heroes’ in his own words
By
Kimberly Marselas
Mar 25, 2024
AHCA/NCAL President and CEO Mark Parkinson received the 2024 McKnight’s Pinnacle Awards Career Achievement Award on Thursday. Read his acceptance speech here.
Caregivers, not just people with dementia, need screenings, interventions for loneliness, study shows
By
Kimberly Bonvissuto
Mar 20, 2024
Isolation and loneliness are a shared experience and a source of distress not only for people with dementia, but also their caregivers, according to new study findings.
Assisted living claims victories in Florida budget, sees promise in future talks
By
Kimberly Bonvissuto
Mar 19, 2024
Senior living industry experts are calling Florida’s $117 billion state budget a mix of hits and misses regarding programs supporting older adults.
Fundamentals make it easy to get excited about senior living, expert says
By
Kimberly Bonvissuto
Mar 18, 2024
With solid demand, increasing occupancy and reduced supply, the underlying fundamentals driving top-line revenue growth in senior living are good, making it difficult not to get excited about the sector...