First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say
By
Kimberly Bonvissuto
May 13, 2024
Sonida Senior Living ended the first quarter with significant momentum toward its growth goals and swiftly moved into growth mode in the second quarter, providing a “clear line of sight” into further...
Senior living’s value proposition is changing, but providers can adapt and stay relevant, expert says
By
Kimberly Bonvissuto
May 10, 2024
The senior living industry is suffering from a trust and image problem, as well as a data problem. But it’s still possible for the sector to adapt to emerging technology trends to reshape its future.
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Medicaid Access Rule shortcomings could decrease access to care, industry advocates say
By
Kimberly Bonvissuto
Apr 23, 2024
No guarantee exists that a final rule that the federal government promoted as increasing transparency in Medicaid payments and improving wages for direct care workers will accomplish either goal, senior...
Current federal efforts targeting care economy ‘miss the mark,’ industry advocates say
By
Kimberly Bonvissuto
Apr 10, 2024
As a kickoff to Caregivers Month, President Biden spoke Tuesday about the “care economy” at Washington, DC’s Union Station, celebrating the contributions of care workers across the country. Senior...
Mortality, hospice use rates differ in assisted living communities depending on whether memory care is...
By
Kimberly Bonvissuto
Apr 04, 2024
Assisted living communities that provide memory care services may attract residents closer to the end of life or promote hospice use at the end of life compared with assisted living communities without...
Study proving longevity benefits of senior living is something for operators to ‘jump up and down’...
By
Kimberly Bonvissuto
Mar 06, 2024
Older adults who live in senior living communities live longer, receive more healthcare services and benefit from greater rehabilitative and preventive care within the first two years of moving into a...
Gen X moves to forefront of influence as employees, adult children of prospects, residents
By
Kimberly Bonvissuto
Feb 07, 2024
Move over, forgotten middle. There’s another forgotten group, a generation asserting its influence over all aspects of society, including senior living, according to the Mather Institute.
Report identifies where assisted living rents are changing the most
By
Kimberly Bonvissuto
Jan 19, 2024
The assisted living sector touts itself as the most cost-effective option to provide quality-of-life care and services for the nation’s older adults. But that value comes at a cost, according to a new...