‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
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.
US News Best Senior Living program grows to recognize 1,703 communities in third year
By
Lois A. Bowers
Apr 16, 2024
US News & World Report’s Best Senior Living ratings program continues to grow, recognizing 1,703 senior living communities with top marks in its third year.
Assisted living rates up 0.6 to 3.8 percent
By
Lois A. Bowers
Mar 29, 2024
Average assisted living community rates increased between 0.6 and 3.8% in 2023 nationally, depending on room type, according to illumifin, an administration and claims solution provider for long-term care...
Senior living can be a partner in delivering, improving care, CMS official says
By
Lois A. Bowers
Mar 07, 2024
Even though senior living providers, by law, are unable to directly bill the Medicare program for the services they provide to residents, they are able to partner with other organizations focused on value-based...
McKnight’s Spirit Awards to go to 4 inspirational women in long-term care
By
Adam Healy
Josh Henreckson
Foster Stubbs
Lois A. Bowers
Feb 22, 2024
Four women have been chosen as the third class of Spirit Award winners as part of the 2024 McKnight’s Women of Distinction program.
Alzheimer’s Association calls for federal involvement to increase dementia care workforce, training...
By
Lois A. Bowers
Jan 29, 2024
“Congress should consider the steps it can take at the federal level, including expanding the necessary workforce and improving dementia training standards and access,” as part of efforts to “help...
Assisted living CEO salaries up 2 percent
By
Lois A. Bowers
Jan 24, 2024
Average salaries for assisted living community presidents/CEOs across the country increased 2% over the past year, up from the 1.33% increase that the executives received in the previous year but down...
Nominations open for 2024 Pinnacle Awards program to recognize industry veterans
By
Lois A. Bowers
Sep 13, 2023
Nominations are now open for the second annual McKnight’s Pinnacle Awards program, recognizing industry veterans who are setting new standards, driving change, providing guidance and inspiring others...
Mandatory rent control would undermine housing goals, says provider coalition including ASHA
By
Lois A. Bowers
Aug 14, 2023
Mandatory rent control and rent stabilization policies like the ones under consideration by the federal government “have proven time and time again to increase rents, reduce the capital needed to boost...