Costs for assisted living and skilled nursing stabilized over the past year, whereas costs for home care rose the most quickly among categories measured by Genworth’s 2019 Cost of Care Survey, the results of which were announced Wednesday. Genworth described home care costs as “skyrocketing.”
For the second year in a row, more than half of the states have changed their assisted living requirements, indicating a potential trend that the National Center for Assisted Living expects to continue, executives said Thursday in releasing the group’s annual “Assisted Living State Regulatory Review.”
Officials encouraged as no new cases of Legionnaires’ disease reported at Illinois senior living community … Tennessee healthcare providers see potential upsides but still have questions over governor’s proposed Medicaid waiver … Atlanta Journal-Constitution continues series on assisted living; assisted living provides ‘safe, nurturing, community environments’ for older adults, says state rep in response to series
The Centers for Medicare & Medicaid Services is working to address numerous recommendations from federal agencies to improve reporting, investigation and law enforcement notification of elder abuse, the Government Accountability Office said in report released Wednesday. The report highlights the differences in requirements for assisted living communities versus nursing homes.
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according to a new analysis published in the journal Medical Hypotheses.
Three senior living organizations changed places within the top 10 on the 2019 LeadingAge Ziegler 200 list of largest not-for-profit multi-site senior living providers compared with 2018.
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts from NIC and elsewhere, however, give hope.
Download: Dealmaker’s Handbook 2019 Inside: Opportunities ahead Here’s what I’m telling my members: Insights from the leaders of the National Investment Center for Seniors Housing & Care, the American Health Care Association / National Center for Assisted Living, LeadingAge and Argentum SNFs and PDPM, ready … or not? Yellen to be heard at NIC Middle…
The senior living industry must focus on innovation and “much-needed change” if it is to attract more residents and cultivate new revenue streams, according to a new issue brief from the American Seniors Housing Association.
Despite a 15% reduction in units over the past year, Brentwood, TN-based Brookdale Senior Living is “still well ahead of the rest of the pack,” holding onto the No. 1 spot on Argentum’s new list of the 140 largest senior living providers, the association said Wednesday.
Brentwood, TN-based Brookdale Senior Living tops the 2019 ASHA 50 list of largest U.S. senior housing operators, and Toledo, OH-based real estate investment trust Welltower tops this year’s ASHA 50 list of largest owners.
1 year later: An update on the Welltower-ProMedica partnership … New York Times opinion piece says assisted living is “how not to grow old in America” … Drinking coffee may ease tremors in men with Parkinson’s: study … Even starting exercise late in life can help delay age-related frailty … … Illinois Medicaid beneficiaries will have 40 new memory care options
Senior living organizations’ successes in addressing the industry’s top challenge — recruiting and retaining employees — were the center of attention Thursday as Great Place to Work and Fortune Magazine released their lists of Best Workplaces for Aging Services for 2019.
Almost two-thirds (64%) of respondents to a recent survey who were aged 60 or more years said they would rather live in an assisted living community than be cared for by their adult children should their day-to-day lives “become too difficult.”
Brightview Senior Living and Embrace Living Communities top Fortune’s list of Best Workplaces for Aging Services for 2019, Fortune and Great Place to Work announced this morning. Brightview tops the list for large organizations, and Embrace tops the list for small and medium-sized organizations. A list of the top 10 at-home care providers also was released.
Assisted living providers who serve Medicaid beneficiaries will be the focus of a report released by the Department of Health and Human Services Office of Inspector General in fiscal year 2020, the office said Thursday.
Average monthly assisted living costs nationwide range from $4,136 for a studio apartment to $5,148 for a two-bedroom unit, but costs vary greatly based on location, according to the results of Lincoln Financial Group’s annual What Care Costs study, released Tuesday.
Assisted living occupancy in the second quarter fell to 85.1%, the lowest point since the National Investment Center for Seniors Housing & Care began collecting data in 2006, the organization said Thursday.
People who live in retirement communities overall are happier and sometimes healthier than older adults who haven’t moved into one, a recent study from ProMatura has found.
Some who work in the aging services field once again are countering claims that federal regulation of assisted living is needed to standardize training and staffing requirements and help ensure quality resident care.