Report: Integrated memory care, assisted living communities a ‘major trend’
New research explains why integrated memory care and assisted living communities, with dedicated memory care wings, are a “major trend” among developers and investors.
Memory Care
Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000 jobs, author estimates
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.
Opportunities await beyond near-term challenges
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.
Brookdale ‘still well ahead’ of others on Argentum list of largest senior living providers for 2019
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.
Brookdale, Welltower top 2019 ASHA 50 lists of largest senior living operators, owners
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.
More news for Friday, Aug. 30
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
A new dementia care imperative
In the field of aging services today, a confluence of factors is creating an imperative to move the needle toward more forward-thinking dementia care.
Recent experience confirms that stand-alone memory care communities are ‘insufficient,’ Thrive executives say
As the Thrive Senior Living name disappears from real estate investment trust LTC Properties’ portfolio, the Atlanta-based operator said Tuesday that it is a good time to step away from stand-alone memory care communities, which company leaders now view as “insufficient” to meet resident needs.
Presidential candidate Klobuchar shares experience with assisted living as Minnesota legislation heads to governor
As legislators in her home state of Minnesota passed a landmark bill related to assisted living and memory care, U.S. Sen. Amy Klobuchar, seeking to win the Democratic nomination in the race for president, discussed her family’s experience with the settings at a campaign event in New Hampshire.
Modest senior living cost growth presents marketing opportunity, experts say
Modest rate increases necessitated by imbalances in supply and demand offer senior living operators in some U.S. markets a marketing opportunity if they’re willing to change their thinking, according to executives with Seattle-based A Place for Mom. The senior living referral service has released its latest National Senior Living Cost Index.
