‘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.
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...
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...
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...
Senior living occupancy increases again but still lags pre-COVID levels
By
Lois A. Bowers
Jul 07, 2023
Senior living occupancy marked eight consecutive quarters of increases in the second quarter, but pre-pandemic levels remain elusive, according to NIC MAP Vision data analyzed by the National Investment...
Dollars spent on HCBS go further than those spent on nursing homes, study finds
By
Lois A. Bowers
Jun 29, 2023
Older adults are not “drawn out of the woodwork” to try to qualify for Medicaid benefits when a state expands home- and community-based services, according to the findings of a new study.
Boomers share which features could entice them to move into a senior living community
By
Lois A. Bowers
Jun 28, 2023
As members of the Baby Boom generation start to consider downsizing or moving into a senior living community, a new report provides insights into what amenities providers can offer to entice them.
HCBS settings final rule ‘not a good fit’ for assisted living, provider group says
By
Lois A. Bowers
Jun 23, 2023
The Centers for Medicare & Medicaid Services home- and community-based services settings final rule is written so broadly that its requirements “run in opposition to person centered planning” for older...