There were 30,200 assisted living and similar residential care communities providing services in the United States as of 2014, with the highest concentration in western states, according to a newly released report form the Centers for Disease Control and Prevention (CDC). Staffing patterns in these settings, as measured by average hours per resident day, remained […]
Category: Management & Operations
National Health Investors Hires New Executive Vice President of Finance National Health Investors (NYSE: NHI) announced the hire of John Spaid as the company’s executive vice president of finance. In his new role, Spaid will be responsible for the real estate investment trust’s banking relationships and financial transactions. Spaid joins NHI with nearly 30 years […]
James F. Flaherty III has resigned as vice chairman and board member of NorthStar Healthcare Income, dramatically scaling back his involvement in the real estate investment trust he initially joined as president and CEO two years ago. Flaherty’s resignation was effective immediately as of Feb. 9, according to an 8-K filing. The decision was personal and […]
When it comes to attracting future employees, the senior living industry may have its work cut out. In total, the industry will have to attract more than 1.2 million additional employees by 2025, according to Argentum’s new report, “Getting to 2025: A Senior Living Roadmap.” The report, which was produced with input from hundreds of top […]
A large percentage of executives in the senior living industry will soon be retiring, meaning that succession planning and incentive compensation is more important now than ever, according to a survey recently completed by health care financial consulting and accounting firm CliftonLarsonAllen (CLA). The survey, titled the 2015 LeadingAge-Chief Executives of Multi-Site Organizations Leadership Compensation Survey, […]
This week, Senior Housing News readers were keen to learn the SHN editorial team’s predictions for the top 10 senior housing trends in 2016. Readers were also interested in learning about how a new payment stream could come to senior care, a former NBA player’s partnership with a senior housing company in Washington, and this […]
Senior Lifestyle Announces New COO Chicago-based owner, operator and developer Senior Lifestyle Corp. announced the appointment of Lisa A. Fordyce as COO, where she will be responsible for leading the company’s operational business strategies and care initiatives. Before joining Senior Lifestyle, Fordyce served as a vice president of operations at Emeritus Senior Living, leading its […]
As baby boomers age over the next several decades, the demand for senior care options will increase—and there currently are limited ways for middle-income earners to pay for these services. It’s an issue that the senior living industry is grappling with, as many leaders speak out about the need for new housing and financing models […]
National Health Investors Acquires $9.8 Million Independent Living Community National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT), has acquired a 98-unit independent living community in Chehalis, Washington, for a total investment of $9.8 million, including $350,000 for capital improvements. NHI leased the community to a partnership between Marathon Development and Village […]
This week on Senior Housing News, our readers took a closer look at oversupply fears and discovered The Renaissance Kilpatrick, the winning entry for the 2015 Senior Housing News Design Awards in the Affordable category. They also learned which positions earn the most in the assisted living space, and found out how one senior living […]
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