During the late stages of her husband’s struggle with Alzheimer’s disease, Kim Campbell said she “truly feared I was going to become the second victim of the disease.”
More than half of the operators with memory care units saw September move-ins increase — the biggest jump within this sector since the pandemic began. That’s according to data collected from the most recent Executive Survey results from the National Investment Center for Seniors Housing & Care.
Average initial rates for residents moving into independent living, assisted living and memory care segments were below average asking rates amid the COVID-19 pandemic, with monthly spreads generally largest for memory care. That’s according to the second quarter Seniors Housing Actual Rates Report released Tuesday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service.
The Department of Health and Human Services is extending until Aug. 28 the deadline for eligible state Medicaid providers, including assisted living operators, to apply for monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund. The announcement came on the same day that the House passed a fiscal year 2021 spending bill for the Department of Housing and Urban Development that represents a $4.6 billion increase over HUD’s FY20 enacted funding level.
Directors of assisted living / personal care in retirement homes enjoyed a 2.95% average salary increase from 2019 to 2020, with pay rising from $74,934 in 2019 to $77,142 in 2020, according to the “Continuing Care Retirement Community Salary & Benefits Report 2020-2021,” released Tuesday.
Say “memory care” and the first company to come to mind for many industry professionals is Silverado. And when they think of Silverado, they think of Loren Shook, the man who co-founded the Irvine, CA-based provider in 1996 with Steve Winner.
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior living might fare.
New guidance released Monday by the Alzheimer’s Association in collaboration with 34 long-term care industry associations and operators is designed to help ensure the delivery of high-quality care for people living with dementia in long-term care and community-based settings during the COVID-19 pandemic.
Senior living operators use a variety of ways to describe their dementia care services, but all aim for engagement.
Read about person-centered care, the global dementia care products market, and virtual reality.
