‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Assisted living? No thank you, investors and developers say
By
Lois A. Bowers
Feb 27, 2024
Assisted living communities saw the largest decrease in interest from 2023 to 2024 of all property types included in the 2024 CBRE US Healthcare Capital Markets’ Investor & Developer Survey.
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...
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
AHCA/NCAL asks HHS to extend COVID-19 public health emergency past Jan. 11
By
Lois A. Bowers
Nov 03, 2022
The COVID-19 public health emergency should be extended past Jan. 11 “so that long-term and post-acute care providers can continue to offer the most efficient and effective care possible and so our nation’s...
Arrow Senior Living plans Joint Commission assisted living accreditation for entire portfolio
By
Kimberly Bonvissuto
Oct 27, 2022
Vitalia North Olmsted has become the second stand-alone assisted living community in the United States — and the first in Ohio — to receive accreditation by The Joint Commission. The announcement comes...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
Assisted, independent living move-in rates reached record post-pandemic highs in June: NIC
By
Amy Novotney
Sep 07, 2021
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued...
Pandemic drives senior living occupancy to record lows
By
Lois A. Bowers
Jan 08, 2021
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service...
U.S. assisted living charges range from $50,892 to $62,976 per year, on average: survey
By
Lois A. Bowers
Apr 03, 2020
Assisted living operators nationwide in 2019 charged average monthly prices from $4,241 for a studio apartment to $5,248 for a two-bedroom unit, but pricing varied greatly based on location, according...