The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care...
Industry repeats call for resources as Congress members ask for assisted living COVID-19 case details
By
Lois A. Bowers
May 05, 2020
Industry associations are supporting the transparency requested by three members of Congress who have asked 11 assisted living companies to detail their case counts and strategies related to COVID-19 —...
White House recognizes assisted living’s ‘critical importance’ as aging services provider
By
Kimberly Bonvissuto
May 05, 2021
An announcement from the federal government about the release of $1.4 billion in funding from the American Rescue Plan for programs affecting older adults for the first time acknowledges assisted living...
With no targeted relief on horizon, Argentum seeks various avenues of financial support for senior living
By
Kimberly Bonvissuto
Apr 28, 2022
With no apparent additional targeted COVID-19 financial relief on the horizon for the assisted living industry, Argentum is continuing its push to have providers included in proposed relief packages for...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Assisted living community makes a business case to add skilled nursing
By
Lois A. Bowers
Jul 23, 2018
At a time when many senior living community owners and operators are reducing their number of skilled nursing beds and many investors are shying away from the property type, one Texas assisted living community...
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Payers ‘can’t ignore assisted living,’ former senators say
By
Lois A. Bowers
Mar 27, 2017
Former Sens. Tom Daschle and Bill Frist showed prescience at the NIC Spring Investment Forum when they said that any reform to the Affordable Care Act would need bipartisan support to be successful. They...
COVID-19 healthcare standards must reflect current stage of pandemic, industry group says
By
Kimberly Bonvissuto
Jan 06, 2023
As the federal government mulls a forthcoming final healthcare standard on COVID-19, one senior living advocacy group is pushing for consistent protocols that recognize the current stage of the pandemic.
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...