Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
Invesque remains ‘bullish’ on senior living as it continues to transform portfolio
By
Kimberly Bonvissuto
Aug 15, 2023
In a busy second quarter, Invesque continued carrying out its strategy to focus its portfolio predominantly on private-pay senior living through sales, operator transitions and acquisitions.
State Supreme Court decisions narrow pandemic-related liability protections for providers
By
Kimberly Bonvissuto
Aug 14, 2023
A pair of state high court rulings this week put senior living and other long-term care providers on notice that pandemic-related liability protections aren’t a given.
Self-assessments can help providers survive and thrive
By
Kimberly Bonvissuto
Aug 11, 2023
Consolidation in the long-term care sector is occurring at a more rapid pace than in the past. One business expert advises senior living and other owners and operators not to wait too long to explore potential...
Proposal would increase funding, training for affordable senior housing service coordinators
By
Kimberly Bonvissuto
Aug 11, 2023
A new bill intended to expand and improve service coordination programs in affordable housing was introduced this week, adding a potential funding mechanism for tax credit-financed housing.
More news for Friday, Aug. 11
By
Kimberly Bonvissuto
Aug 11, 2023
HumanGood, Pleasant Spring Communities to affiliate … Exercise reduces depressive symptoms in healthcare workers … Older adults lost $432M to financial scams in first quarter 2023 … Cumulative proton...
Responsive sales strategies will help senior living operators increase conversion rates
By
Kimberly Bonvissuto
Aug 10, 2023
As senior living occupancy edges toward pre-pandemic levels, operators need to adjust their strategies, which have been more responsive than reactive, to improve sales and marketing success, according...