Provider groups back reintroduced bill expanding veterans’ access to assisted living
By
Kimberly Bonvissuto
Feb 27, 2023
After going nowhere in the last Congress, a bill expanding veterans’ access to assisted living has been reintroduced in this Congress, with backing from all four main trade associations representing...
Brookdale doubles down on focus on workforce, occupancy, trust to continue recovery, growth
By
Kimberly Bonvissuto
Feb 23, 2023
Brookdale Senior Living plans to tighten its focus on workforce, occupancy, and resident and family trust as it maintains its strategic priorities into 2023, President and CEO Lucinda “Cindy” Baier...
NHI seeks to capitalize on growth opportunities despite continuing challenges
By
Kimberly Bonvissuto
Feb 23, 2023
The outlook for 2023 is much more promising as National Health Investors returns to a focus on growth, according to President and CEO Eric Mendelsohn.
LTC Properties expects ‘hard, long, positive’ year
By
Kimberly Bonvissuto
Feb 17, 2023
2022 was a “hard, long, positive” year for LTC Properties, and Chairman and CEO Wendy Simpson anticipates much of the same in 2023. She made the prediction Thursday on the Westlake Village, CA-based...
Ventas seeks to exceed 2019 performance in 2023, CEO says
By
Kimberly Bonvissuto
Feb 13, 2023
Ventas is entering 2023 seeking to reach 2019 performance levels and then exceed them, Chairman and CEO Debra Cafaro said during Friday’s fourth-quarter and full-year 2022 earnings call.
Assisted living needs to be part of enhanced Medicaid HCBS program, industry advocates say
By
Kimberly Bonvissuto
Jan 30, 2023
A proposal calling for permanent enhanced federal funding to states to expand the Medicaid home- and community-based services program needs to go a step further to emphasize the benefits of assisted living,...
Cheaper housing driving interstate moves among retirees
By
Kimberly Bonvissuto
Jan 24, 2023
More retirees are moving from one state to another in search of less expensive housing, and they have their sights set on Florida, according to a retirement relocation trend report.
Omega restructures lease as Maplewood deals with occupancy, labor, economic issues
By
Kimberly Bonvissuto
Jan 11, 2023
The COVID-19 pandemic’s lingering impacts on labor and inflation costs led Omega Healthcare Investors to propose a lease restructuring with its luxury senior living brand, Maplewood Senior Living, the...
Providers seek $600 million to help offset increasing operating costs
By
Kimberly Bonvissuto
Dec 01, 2022
An Ohio senior living and care advocacy organization is asking the state for another $600 million to help assisted living and other long-term care providers offset the increased costs of providing care.
Proposed changes could double budget rate increase for affordable senior housing providers
By
Kimberly Bonvissuto
Nov 22, 2022
A proposed change in how operating costs are calculated for affordable housing communities is projected to double the annual budget rate increase for those providers in 2023.