$125,000 NIC study will assess demand for middle-market seniors housing
By
Lois A. Bowers
Apr 11, 2017
The National Investment Center for Seniors Housing & Care is spending $125,000 to study the demand for middle-market seniors housing, the organization formally announced Monday. NIC CEO Robert G. Kramer...
Despite headlines, GAO report does not portend major changes for assisted living, industry leaders say
By
Lois A. Bowers
May 13, 2018
Some assisted living community operators understandably were concerned in February after the Government Accountability Office released a report about federal oversight of assisted living services offered...
Assisted living occupancy hits record low of 85.7%, NIC says
By
Lois A. Bowers
Apr 13, 2018
Assisted living occupancy reached a record low in the first quarter of 2018, according to data released Thursday by the National Investment Center for Seniors Housing & Care.
New Alzheimer’s definition will ‘dramatically’ increase those thought to have disease
By
Lois A. Bowers
Apr 11, 2018
A proposed new definition of Alzheimer’s disease unveiled Tuesday represents “a major evolution in how we think about Alzheimer’s,” according to the Alzheimer’s Association,...
Assisted living sets record for price per unit
By
Lois A. Bowers
Mar 08, 2018
The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care...
Andy Smith out as Brookdale CEO as strategic review process concludes
By
Lois A. Bowers
Feb 22, 2018
Andy Smith is being replaced as president and CEO at Brookdale Senior Living, and Daniel Decker will be leaving his position as executive chairman, the company announced this morning in advance of its...
Universities study robots to help senior living residents
By
Lois A. Bowers
Nov 15, 2017
Independent living and assisted living communities are serving as testing grounds as researchers try to develop robots that humans can trust and respond to as companions and caregivers. Researchers hope...
Assisted living needs to better manage rising acuity levels, expert warns
By
John O'Connor
Nov 14, 2017
Relatively few assisted living operators can effectively manage rising acuity levels among their residents, a blog appearing in Forbes contends.
States increasing regulatory requirements for assisted living, report says
By
Lois A. Bowers
Oct 04, 2017
States gradually are increasing their oversight of assisted living communities, according to a report released Tuesday by the National Center for Assisted Living.
Senior living oversupply means $20 billion in capital not earning returns: NIC speakers
By
Lois A. Bowers
Sep 27, 2017
Oversupply in senior living means that almost $20 billion in capital is not earning returns in the marketplace, two speakers told those attending a Tuesday afternoon session at the National Investment...