The final overtime rule issued Tuesday by the Department of Labor garnered favorable comments from many industry groups representing senior living organizations and other long-term care providers, although concerns remained for those serving Medicaid beneficiaries.
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.
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.
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company for the American Seniors Housing Association.
A “historic” group of aging services professionals concluded two days of meetings with university professionals Thursday in Chicago, and the resulting buzz left participants eager for the next steps.
Industry groups representing senior living organizations say they generally support the federal government’s proposed salary threshold of $35,308 under which executive, administrative, professional and certain other employees would be eligible for overtime pay if they work more than 40 hours in a week. They still have concerns, however.
Assisted living operators looking to improve residents’ perceptions of their communities should focus on improving the sense of camaraderie there, according to a new report released by the American Seniors Housing Association and ProMatura Group. To improve family members’ perceptions, focus on food quality.
Tariffs and a labor shortage increased senior living construction costs by 6 to 8% year-over-year, but the market will decline later this year or in early 2020, according to a new issue brief prepared by the Weitz Co. for the American Seniors Housing Association.
Ventas CEO Debra A. Cafaro, Sunrise Senior Living founder Paul Klaassen and National Investment Center for Seniors Housing & Care co-founder Tony Mullen are the three 2019 inductees into the American Seniors Housing Association’s Senior Living Hall of Fame.
Here’s a look at some of the news that occupied many minds in senior living over the past year.
