Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group's annual What Care Costs study, released Wednesday.
Average per-unit prices in the assisted living market reached $193,650 in 2016, topping the previous record set in 2015 by 2%, according to a new report.
Senior living construction and renovation projects, especially in assisted living and memory care, are on the rise, whereas efforts to buy or sell existing properties have waned, according to the findings of a new survey by Lancaster Pollard released Tuesday.
A new report reveals which positions in assisted living communities saw the greatest and least turnover last year and whether the rate increased, decreased or stayed the same over the past 12 months.
As evolving consumer preferences and payment models lead some developers and operators of nonprofit and for-profit senior living communities to reduce the number of skilled nursing beds in their offerings, they are looking for ways to repurpose and update space and build new communities to cater to a different type of resident. Baby boomer preferences are influencing their design decisions, according to three: living architecture.
Assisted living CEOs/presidents and administrators both saw salary increases in 2016, but one of the positions experienced a greater increase, on average, according the 19th annual "Assisted Living Salary & Benefits Report," released Jan. 23 by Hospital & Healthcare Compensation Service.
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Independent living, assisted living and continuing care retirement / life plan communities were among those 55+ housing types recognized at the National Association of Home Builders' 2017 Best of 55+ Housing Awards.
A bill introduced in Virginia, if passed as written, would increase the amount in civil penalties that assisted living communities would face for not complying with the terms of their licenses.
A film student in Germany surely has a bright professional future, but one of his recent projects doesn't do much to illuminate the senior living industry.