Demand for seniors housing will continue in 2016, NIC’s chief economist predicts, but assisted living operators and investors have reason for caution.
Federal, lender support needed for assisted living operators to lower rates, leader says
By
Lois A. Bowers
Nov 21, 2023
Financial support from the federal government and private lenders would be required to lower assisted living rates, National Center for Assisted Living Executive Director LaShuan Bethea told the New York...
Assisted living costs up 11% over 5 years
By
Lois A. Bowers
May 10, 2016
Year-over-year costs for assisted living rose just 0.8% from 2015 to 2016, according to Genworth’s latest Cost of Care Study, but the picture doesn’t look as rosy when one takes the long view.
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
‘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...
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Associations join together to develop best practices, educate authorities about assisted living
By
Lois A. Bowers
Jun 21, 2023
Four national associations advocating for assisted living providers are joining with the National Association for Regulatory Administration to develop guidance for the industry and resources for operators,...
How to prevent the spread of infectious disease
By
Lois A. Bowers
Jun 27, 2016
Use these tips from the CDC to ensure that your residents and staff are safe and that your community is attractive to potential partners in the healthcare system.
Assisted Living Facility Coronavirus Reporting Act introduced in Congress
By
Lois A. Bowers
Jul 02, 2020
Three members of Congress say they have introduced the Assisted Living Facility Coronavirus Reporting Act to address issues related to COVID-19 infections, hospitalization and fatality rates, sick leave...