Liability claims lead to higher premiums, reduced coverage for senior living providers
By
Kimberly Bonvissuto
Nov 24, 2021
Insurance premiums are rising and coverage is tightening, leaving senior living providers facing significant increases in loss costs, according to a new claims benchmarking study from Willis Towers Watson.
Consumer approach will help senior living stay relevant, entrepreneur says
By
Kimberly Bonvissuto
Apr 15, 2021
Senior living needs to consider providing elements of the consumer experience to remain relevant, Eric George,M.D., founder and CEO of ERG Enterprises and an entrepreneur, wrote Monday in an article for...
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
Senior living operators express optimism in increasing development pipelines
By
Kimberly Bonvissuto
Nov 19, 2021
Improving lead volumes in senior living and a recent increase in construction lending reflect expectations that development pipelines will increase soon, according to the latest NIC Executive Survey Insights...
Dynamic pricing, easier sales concepts urged for senior living
By
Kimberly Bonvissuto
Aug 18, 2023
When it comes to senior living pricing strategies, one expert encourages operators to stand out from the crowd with dynamic pricing based on inventory.
Senior living operators ‘incredibly agile and dedicated’ during COVID-19 pandemic: study
By
Kimberly Bonvissuto
Oct 29, 2021
Senior living and care providers have been “incredibly agile and dedicated” during the pandemic, working 24 / 7 to keep residents safe, researchers concluded after interviews with operators about their...
Senior living outlook remains positive as industry adapts to challenges from COVID-19: report
By
Kimberly Bonvissuto
Jun 03, 2020
The long-term outlook remains positive for the senior living industry, which is adapting to change brought on by the COVID-19 pandemic, according to a new report.
2022 will bring challenges, opportunities for senior living industry: panel
By
Kimberly Bonvissuto
Dec 10, 2021
Senior living executives say that the sector will continue to face workforce and operating challenges in 2022, but they are carrying a sense of optimism into the new year, with technology and innovation...
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.