Senior living occupancy could reach pre-pandemic levels next year: NIC
By
Kimberly Bonvissuto
Oct 05, 2023
Sustained supply-demand trends could drive senior living occupancy rates to return to pre-pandemic levels in 2024, according to NIC MAP Vision and the National Investment Center for Seniors Housing & Care.
Labor Department announces new overtime pay threshold
By
Lois A. Bowers
Aug 30, 2023
The US Department of Labor today proposed a new threshold for overtime pay eligibility.
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
UPDATED: Diversified Healthcare Trust announces ‘event of default’ on $450 million credit facility
By
Lois A. Bowers
Jun 29, 2023
Diversified Healthcare Trust announced Thursday morning that a “non-monetary event of default” had occurred under its $450 million credit facility.
CMS announces Alzheimer’s drug coverage policy, but ‘the devil is in the details,’ experts say
By
Kimberly Bonvissuto
Jun 01, 2023
A Thursday announcement by the Centers for Medicare & Medicaid Services regarding coverage of Alzheimer’s drugs is being met with skepticism by some industry advocates who say that “the devil is in...
Medicaid federal poverty standards updated
By
Lois A. Bowers
Jan 19, 2023
The Centers for Medicare & Medicaid Services on Thursday released updated federal poverty level standards applied to eligibility criteria for Medicaid.
Updated: Brookdale Senior Living makes leadership changes, shares financial expectations
By
Lois A. Bowers
Jan 13, 2023
Brentwood, TN-based Brookdale Senior Living announced several leadership changes Friday morning to “drive improved efficiency and better align our expenses with revenue.”
Good Samaritan Society to exit 15 states, trim capacity by 30 percent
By
Kimberly Marselas
Jan 12, 2023
Evangelical Lutheran Good Samaritan Society, the country’s second-largest not-for-profit senior living and care organization, plans to exit 15 states and reduce its resident and patient count by approximately...
COVID-19 public health emergency extended again, maybe for the last time
By
Lois A. Bowers
Jan 11, 2023
The public health emergency due to COVID-19 has been renewed again for what many experts believe will be the last time.
Senior living begins 2023 with record demand, occupancy
By
Kimberly Bonvissuto
Jan 05, 2023
Senior living has a positive story to tell going into a new year, with occupied units at an all-time high and record demand, according to the latest quarterly data from the National Investment Center for...