Policy initiatives underway to lessen direct care workforce shortages
By
Kimberly Bonvissuto
Apr 29, 2024
Direct care workforce shortages strain the healthcare system overall and affect access, quality and costs. Although no single answer to the issue exists, several policy initiatives and solutions underway...
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Apparent strengthening demand in senior living validates resident rate hikes: expert
By
Kimberly Bonvissuto
Apr 23, 2024
For senior living operators on the fence about implementing resident rate increases, a new rate report from a senior housing data analytics company reveals positive signals indicating strengthening demand.
Workforce, advocacy, provider support comprise new LeadingAge strategic plan
By
Kimberly Bonvissuto
Apr 18, 2024
WASHINGTON, DC—On the second day of LeadingAge’s Leadership Summit 2024 here, Board Chair Roberto Muñiz, president and CEO of New Jersey-based Parker Health Group, urged members to share their stories...
Bill promises ‘generational investment’ in senior living and care workforce
By
Kimberly Bonvissuto
Apr 17, 2024
Proposed federal legislation would make a “generational investment” in the senior living and care workforce at a time when the aging population is growing exponentially and an increasing number of...
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches
By
Kimberly Bonvissuto
Apr 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing...
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...