Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
Staff turnover stabilizes year over year for about half of assisted living providers
By
Kathleen Steele Gaivin
Jan 25, 2024
Staff turnover in assisted living has changed little for many providers over the past 12 months, according to findings in the “2023-2024 Assisted Living Salary & Benefits Report,” published by Hospital...
Resident advocates call for reforms after announced closing of assisted living community
By
Kathleen Steele Gaivin
Apr 28, 2022
The impending closure of a Beverly, MA, assisted living community highlights the need for additional regulations to protect assisted living residents, according to advocates for older adults in the state.
Turnover rates among assisted living staff hold steady for most operators: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Turnover rates among assisted living staff members were stable for the most part in 2022, according to the 25th annual Assisted Living Salary & Benefits Report by Hospital & Healthcare Compensation Service.
Strawberry Fields REIT plans $102 million purchase of 18 SNFs, 5 ALs
By
Kathleen Steele Gaivin
Jun 16, 2023
Senior living and care real estate investment trust Strawberry Fields REIT, based in South Bend, IN, plans to expand its portfolio with a $102 million purchase of 18 skilled nursing facilities and five...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Assisted living demand bouncing back at twice the rate of independent living: NIC analysis
By
Kathleen Steele Gaivin
Mar 21, 2022
After a pandemic-induced drop in assisted living demand, things are looking up, according to experts at the National Investment Center for Seniors Housing & Care.
Lawsuit claims operator failed to protect cognitively impaired resident from sexual assault
By
Kathleen Steele Gaivin
Dec 10, 2021
A lawsuit filed by “Jane Doe” through her guardian Carol Smith names Assisted Living by Hillcrest LLC and West Bend Mutual Insurance as defendants for allegedly failing to protect Doe — a resident...
Skilled nursing claims continue to be eclipsed by assisted living claims by average cost, CNA reports
By
Kathleen Steele Gaivin
Mar 18, 2022
The average cost of assisted living professional liability claims ($267,174) has outpaced such claims by skilled nursing facilities ($245,559) over the past few years, according to the 11th edition of...