Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs "heavily influenced" a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT's president and CEO, David Hegarty. Five Star is addressing the challenges in two ways, he added.
Families perceive hospice care in assisted living as being better than hospice care in a nursing home, according to new research.
If you can deliver post-acute care at a lower cost than the skilled care joint down the street, you just might find yourself swimming in a very nice new revenue stream.
Enrollment shifts from private health insurance to Medicare as baby boomers continue to age into the program will help drive average annual growth of 5.5% in national health spending and enrollment from 2017 to 2026, according to new estimates released Wednesday by the Centers for Medicare & Medicaid Services. Projections include spending related to nursing care facilities and continuing care retirement communities.
Omega Healthcare Investors counts among its strengths one of its senior living partners, CEO Taylor Pickett told those participating in an earnings call on Wednesday. But the REIT's portfolio continues to be dominated by skilled nursing.
Memory care will be the biggest growth area in senior living and long-term care in 2018, predict executives participating in Lancaster Pollard's "2018 Seniors Housing and Care Survey," the results of which were released Tuesday.
Assisted living communities pay staff nurses, licensed practical nurses and certified nurse aides more than do nursing homes, on average, according to the 20th annual "Assisted Living Salary & Benefits Report," published by the Hospital & Healthcare Compensation Service.
The man behind a proposal that would add a "Nursing Home and Assisted Living Facility Residents' Bill of Rights" to the Florida constitution says it is an effort to "establish a situation where the rights of residents of long-term care facilities are at least on par with the rights of everyone else." At least one organization representing care and service providers, however, describes the proposal as "nothing more than an avaricious ploy by trial lawyers to profit from increased lawsuits."
It's starting to look like assisted living communities and skilled nursing facilities simply may become spokes connected to a hub controlled by somebody else.
Caring.com is releasing its list of reviews-based honorees today, and 267 independent living communities, assisted living communities, memory care communities, care homes or skilled nursing facilities across 40 states made the cut.
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High-quality nursing homes and a healthy senior citizen population put Colorado on top of U.S. News & World Report's "Best States for Aging" ranking, the magazine said. Alaska came in last on the list. See where your state ranked.
Mark your calendar for Sept. 20, the date of the fifth McKnight's Fall Online Expo, where participants can earn up to three CE credits.
Sabra Health Care REIT will continue efforts to diversify its asset base now that its merger with skilled nursing-focused Care Capital Properties has been approved by the boards of both companies, the real estate investment trust's CEO and chairman, Richard Matros, told McKnight's Senior Living on Wednesday.
Back-to-back earnings calls Friday morning suggested a healthy future for senior living operators, as two large public healthcare real estate investment trusts relayed the growing place that senior living has in their portfolios.
Nursing care occupancy dropped to 86.5% in second quarter ... SEC brings fraud charges against telemarketers who allegedly told seniors to kill themselves ... Senate Aging Committee examines nutrition's role in healthy aging
The chairman of the Senate Judiciary Committee is seeking details of a Florida memory care community's human resources and social media policies after a worker there allegedly secretly recorded two residents having consensual sexual relations in a private room and then posted the video to Snapchat.
The senior living industry has been among the top industries for post-recession job creation, and employment in the industry continues to increase, although the overall rate of growth is slowing, according to a new report from Argentum.
Assisted living operators can unintentionally invite lawsuits when they deliver care that goes beyond what a state will allow, warns Nancy Reynolds, an attorney with LeClairRyan.
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
A new survey of visitors to senior care-related websites reveals where older adults are living and, when they are residing in senior living communities, where they moved from. Survey results also detail the experiences of family caregivers.
Robert G. Kramer, founder and CEO of the National Investment Center for Seniors Housing & Care, recently spoke with McKnight's about the current state and future prospects of independent living, assisted living, memory care and skilled nursing, as well as trends in seniors housing.
Senior living operators should focus their efforts on two areas, says elder care policy expert Laura Katz Olson, Ph.D. And one is especially important.
Suicide risk among residents of nursing homes and assisted living facilities is "substantial," according to a study published in the July issue of The American Journal of Public Health.
Assisted living inventory growth reached a historic high in the second quarter of 2014, while nursing home inventory continued its slight downward trajectory, according to data released Friday by the National Investment Center for the Seniors Housing & Care Industry.