Senior living occupancy on track for 9th consecutive quarterly gain
By
Kathleen Steele Gaivin
Sep 14, 2023
Senior living (independent living and assisted living, including memory care) is “on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the...
Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.
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...
First senior living community earns Joint Commission assisted living memory care certification
By
Kimberly Bonvissuto
Aug 29, 2023
A Missouri senior living community is the first such community to receive the Joint Commission’s assisted living memory care certification.
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
5 prospect concerns and the opportunities they present
By
Lois A. Bowers
Aug 14, 2023
A new report details five “critical concerns” that could be keeping prospective senior living residents from moving in.
Responsive sales strategies will help senior living operators increase conversion rates
By
Kimberly Bonvissuto
Aug 10, 2023
As senior living occupancy edges toward pre-pandemic levels, operators need to adjust their strategies, which have been more responsive than reactive, to improve sales and marketing success, according...
CMS’ HCBS access rule adds burdens, industry says
By
Lois A. Bowers
Aug 09, 2023
Compensation spending requirement, quality measures are the focus of comments that groups submitted to the federal government.
Growing need for care outside hospital is opportunity for senior living, skilled nursing providers, experts...
By
Kathleen Steele Gaivin
Aug 09, 2023
About a third of the $4.4 trillion spent last year on healthcare in the United States was from the people over the age of 65, “and the estimate is that this group will represent half of all healthcare...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...