Senior living move-in experience can be improved with better customer, dining services, survey finds
By
Kimberly Bonvissuto
Apr 24, 2023
The majority of residents (68%) who moved into a senior living community sometime in 2022 said they were happy with their first 90 days in the new community, but customer service responsiveness and dining...
Operators push rental, care rates to recapture increased operating costs
By
Kimberly Bonvissuto
Apr 24, 2023
Although senior living rental rates have increased higher than expected, creativity in pushing care rates was an even bigger surprise as operators look for ways to recapture increased operating costs,...
Meet Scott Thurman, 2023 McKnight’s Pinnacle Awards ‘Business Partner’ honoree
By
Kimberly Hartley
Apr 24, 2023
Scott Thurman, head of production/FHA healthcare at Greystone & Co., has been recognized in the Business Partner category of the 2023 McKnight’s Pinnacle Awards.
Denise Robertson, chief operating officer at Northern Iowa Therapy, has been recognized in the Business Partner category of the 2023 McKnight’s Pinnacle Awards.
Nursing home care costs rising fastest among private-payer healthcare services
By
Kathleen Steele Gaivin
Apr 24, 2023
Private-payer healthcare services price growth hit a new record high, with prices for nursing home care increasing at the fastest rate among healthcare categories, at 7%. That’s according to Altarum’s...
Providers could be in for ‘draconian remedies’ as NLRB cracks down on repeated NLRA misconduct
By
Kathleen Steele Gaivin
Jessica R. Towhey
Apr 24, 2023
Long-term care facility owners could face “draconian remedies,” an attorney predicted Friday, a day after the National Labor Relations Board issued a decision outlining potential actions it will consider...
One-fifth of Americans 59+ have net worth of $0 or less
By
Kathleen Steele Gaivin
Apr 24, 2023
Almost a third of Americans (31%) report having a net worth $0 or less, a new study finds. And for Americans 59 and older who may be contemplating retirement, 21% report that their total amount of liabilities...
Business briefs, April 24
By
Kathleen Steele Gaivin
Apr 24, 2023
Federal noncompete clause rule should take tailored approach, address separation agreements, senior living advocates say … Senior living move-in experience can be improved with better customer, dining...
Actions & Transactions, April 24
By
Kathleen Steele Gaivin
Apr 24, 2023
Aspen Creek Management wins state approval to build $48M SNF in Anchorage … Cushman & Wakefield arranges $35M sale of independent living community in Eugene, OR … $25M affordable senior housing opens...
Familial depression linked to cognitive performance in offspring
Apr 21, 2023
Associations were seen with processing speed, attention, and executive function in the older UK Biobank cohort (ages 44 to 83 years).