Active adult consumers want a sense of community but are open to senior living if the need arises
By
Kimberly Bonvissuto
May 23, 2024
Although some older adults choose active adult communities over independent living or continuing care retirement / life plan communities, the active adult sector does not appear to be “poaching” large...
Resident dining contracts in senior living present complex web of offerings
By
Kimberly Bonvissuto
May 23, 2024
Points versus a la carte. Formal versus informal. Resident dining contracts vary among providers and are a “very challenging part” of the overall service package for senior living providers, according...
California takes top spot as worst state for retirees
By
Kathleen Steele Gaivin
May 23, 2024
California and New York are the worst places for retirees to live, due to rising costs, lack of healthcare options and limited choice of retirement communities, according to data from SmartAsset as reported...
Business briefs, May 23
By
Kathleen Steele Gaivin
May 23, 2024
Resident dining contracts in senior living present complex web of offerings … CMS updates spousal impoverishment standards … ‘Inspiring Generations’ will be theme for National Assisted Living Week...
Actions & Transactions, May 23
By
Kathleen Steele Gaivin
May 23, 2024
Tredway, LIHC Investment Group provides $40M in financing for affordable senior housing in Newark, NJ … CFR closes $9.75M bridge-to-HUD loan for refinancing of MA SNF … CPP acquires affordable senior...
Study identifies factors that predict driving cessation in seniors
May 22, 2024
Older age, female sex and progression to symptomatic Alzheimer’s disease were associated with driving cessation.
Fish oil beneficial for reducing risk for cardiovascular disease progression
May 22, 2024
However, supplements may be a risk factor for atrial fibrillation and stroke in the general population.
Mortality higher for COVID-19 hospitalization than for flu in 2023/2024 season
May 22, 2024
The authors highlight that the volume of hospitalizations for COVID-19 was double that of the volume for flu.
Global life expectancy, disease burden set to keep improving
May 22, 2024
Improvement in life expectancy is expected at a slower pace than in the decades preceding the COVID-19 pandemic.
CMS updates spousal impoverishment standards
By
Lois A. Bowers
May 22, 2024
The Centers for Medicare & Medicaid Services on Wednesday announced updated 2024 spousal impoverishment standards, which apply when married individuals seek coverage of certain long-term services and supports...
