A new study projects that at least 54% of middle-income adults in 2029 won’t be able to afford senior living. But even if people can afford it, will they want it?
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
Dwindling savings, less fear of COVID may drive some back to work, experts say
By
Lois A. Bowers
Nov 03, 2021
Employers in senior living and care and other industries may see their workforce challenges lessen a bit as some peoples’ savings accumulated over the pandemic dry up and as fear of COVID-19 subsides,...
‘Staffing and labor challenges do persist,’ provider survey finds
By
Lois A. Bowers
Oct 24, 2022
Nine percent of long-term care providers responding to the latest executive survey by the National Investment Center for Seniors Housing & Care said they continue to experience “severe” staffing shortages,...
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
New assisted living database designed to enable operators, lenders to compare communities nationwide
By
Lois A. Bowers
Mar 05, 2018
A new assisted living and memory care quality database by Formation Healthcare Group and Vision LTC has completed beta testing and has been launched publicly to a limited number of organizations, the companies...
Paul Ryan talks healthcare, immigration at NIC in first post-Congress speech
By
Lois A. Bowers
Feb 22, 2019
The Medicaid and immigration programs will be reformed, and senior living and long-term care providers can help shape the outcome, former Speaker of the House Paul Ryan (R-WI) said during Thursday’s...
Cafaro, Klaassen, Mullen to be inducted into ASHA Senior Living Hall of Fame
By
Lois A. Bowers
Jan 08, 2019
Ventas CEO Debra A. Cafaro, Sunrise Senior Living founder Paul Klaassen and National Investment Center for Seniors Housing & Care co-founder Tony Mullen are the three 2019 inductees into the American Seniors...
‘It’s a good time for me to retire,’ Capital Senior Living’s Larry Cohen says
By
Lois A. Bowers
Aug 23, 2018
As Larry Cohen winds down his time as Capital Senior Living CEO, he shares with McKnight’s Senior Living what he is most proud of, lessons learned from the past and thoughts on what’s in store...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...