Pandemic will forge an improved senior living product, leaders say
By
Kimberly Bonvissuto
Mar 04, 2021
COVID-19 has had a devastating effect on the senior living industry. But industry experts said Wednesday that they are optimistic it will emerge a better product on the other side.
Healthcare integration is a way for senior living communities to differentiate themselves, experts say
By
Kimberly Bonvissuto
May 18, 2023
The social aspects of senior living remain one of the industry’s main selling points, but a focus on clinical care and helping residents age in place longer is emerging, and it can be a differentiator...
64 percent of senior living communities saw no COVID-19-related deaths: NIC-funded study
By
Kimberly Bonvissuto
Jun 03, 2021
A majority (64%) of senior living communities reported no COVID-19 deaths in 2020, according to an analysis of COVID-19 deaths across the long-term care residential continuum released today.
Assisted living held up as solution to ‘loneliness epidemic’
By
Kimberly Bonvissuto
May 05, 2023
The senior living industry is holding the assisted living model up as a solution to strengthening social connections for older adults in the wake of the US Surgeon General’s advisory on the public health...
Assisted living sets record for price per unit
By
Lois A. Bowers
Mar 08, 2018
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...