Nonprofit providers face alarming market forces, must rally, LeadingAge chairman says
By
Tim Mullaney
Oct 22, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association...
NIC: Senior housing sets record for absorption, nursing home occupancy flat
By
Tim Mullaney
Oct 14, 2014
The average occupancy rate for senior housing sailed past 90% in the third quarter, and the absorption rate set a single-quarter record, the National Investment Center for Seniors Housing & Care announced...
Assisted living continues to grow rapidly in expanded markets
By
Elizabeth Newman
Oct 03, 2014
Assisted living growth continues to be concentrated in specific markets, with almost three-fourths of new construction in 10 metro markets, according to new findings released Thursday at the National Investment...
Employee cleared of sexual assault charges wins $1 million defamation suit against assisted living company
By
Tim Mullaney
Oct 02, 2014
A former assisted living worker in South Carolina has received a $1 million award after being falsely accused of trying to sexually assault a resident, according to local news sources.
AL operators accused of withholding $2M in unpaid overtime, minimum wages
By
Elizabeth Newman
Sep 19, 2014
Four California assisted living operators are facing eight felony charges related to wage theft, tax and insurance violations, according to local reports.
Assisted living communities continue to make a terrible first impression on prospective customers, university...
By
Tim Mullaney
Sep 15, 2014
Assisted living communities consistently do not make a good first impression with prospective customers, and they haven’t improved this skill set in the last decade, according to data from George...
Sector’s housing stock grows at uneven pace, NIC reports
By
John O'Connor
Sep 01, 2014
Seniors housing stock collectively rose by 0.1% in the second quarter, putting the sector on pace for a 1.5% annual increase, according to new data from the National Investment Center for the Seniors Housing...
Assisted living worker shot to death in Alaska, resident claims responsibility
By
Tim Mullaney
Aug 15, 2014
An Alaska man has been charged with murdering a worker at a small assisted living facility in Anchorage, according to local news reports.
Nursing homes suffering from reimbursement shifts to home care, market analysis finds
By
Tim Mullaney
May 14, 2014
Reimbursement is shifting to home health, hurting the finances of skilled nursing facilities, a newly released market analysis states.
Skilled nursing edges toward 90% occupancy, absorption rate makes first gain in nearly a decade, NIC...
By
Tim Mullaney
Apr 14, 2014
Skilled nursing facilities’ occupancy rate continued to tick up in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according...