Train employees for ‘acuity creep’ or face potential risk
By
Kimberly Bonvissuto
Oct 03, 2023
DENVER—The level of needs of older adults moving into assisted living communities today is similar to that of seniors who would move into nursing homes in the past, and if operators and providers don’t...
RIP PRF: Debt ceiling deal effectively ends pandemic relief program with billions unspent
By
Kimberly Bonvissuto
Jun 09, 2023
The bipartisan debt ceiling deal has officially signaled the death knell for the Provider Relief Fund, with billions in funds that potentially could have assisted senior living and other long-term care...
Senior living faces lingering workforce, financial challenges, provider groups say
By
Kimberly Bonvissuto
Apr 27, 2023
Although the COVID-19 pandemic led to increased costs, decreased revenue and exacerbated staffing shortages across the healthcare continuum, assisted living providers weathered those challenges with fewer...
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
Bill proposes study of effects of price gouging on providers during pandemic
By
Kimberly Bonvissuto
Aug 02, 2022
A proposed bill calling for a study of how healthcare providers have been affected by price gouging by temporary staffing agencies during the COVID-19 pandemic was introduced in the U.S. House of Representatives...
Insurance premiums rise for senior living operators due to pandemic: NIC
By
Kimberly Bonvissuto
Jul 29, 2022
Professional liability and property insurance premiums for senior living operators are increasing thanks to COVID-19, according to the results of a new National Investment Center for Seniors Housing &...
Ventas riding senior housing recovery with occupancy, revenue growth
By
Kimberly Bonvissuto
Feb 22, 2022
The senior living industry pandemic recovery is underway with accelerating demand, strong rate increases and rapidly improving clinical conditions, with expectations for occupancy and revenue growth going...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Older adults lost $100 million to COVID-related fraud in 2020: report
By
Kimberly Bonvissuto
Sep 24, 2021
The COVID-19 pandemic gave scammers an opportunity to use new tactics to defraud older adults, including illegal robocalls, texts and emails, and social media posts.
Senior living leaders hopeful $3.5 trillion budget bill will remember providers
By
Kimberly Bonvissuto
Jul 15, 2021
Senate Democrats announced a $3.5 trillion budget agreement on Tuesday, and although details are limited on how the package specifically might affect aging services providers, senior living leaders remain...