A new report offers a formula that senior living operators, developers and investors can use if they want to serve middle income older adults. Or at least “food for thought,” one author told...
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 —...
Amazon Pharmacy expands drone delivery service to prescription medications
By
Kimberly Bonvissuto
Oct 20, 2023
Older adults in one Texas town looking to simplify their medication management might be able to have prescriptions delivered via drone.
Pace of move-ins accelerates across senior living, skilled nursing: NIC
By
Kathleen Steele Gaivin
May 08, 2023
The share of operators reporting an acceleration in the pace of move-ins in the past 30 days has increased across all care and service segments, according to the results of the latest Executive Survey...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
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...
Business model helps Capital Senior Living avoid some problems, CEO says
By
Lois A. Bowers
Nov 01, 2016
A business model focused on owned, private-pay assets in markets with high barriers to entry and little construction, as well as a decision not to offer healthcare ancillary services, are positioning Dallas-based...
Intense rehab and transitional care providers have done well amid pandemic
By
Kimberly Marselas
Mar 23, 2021
Most of long-term care has found itself hobbled by low occupancy and consumers’ sustained fears during the pandemic, but one group has generally fared much better than the others: Providers focusing...
$3 million Medicaid reimbursement bump a ‘lifesaver’ for some assisted living providers
By
Kimberly Bonvissuto
Jul 28, 2021
A temporary 25% Medicaid reimbursement rate bump is being called a “lifesaver” for some assisted living providers, according to New Jersey senior living associations.