Category: Senior Care

52% of Americans Still Fall Short on Retirement Savings

Retirement security remains a serious challenge for Americans, as the latest data shows that more than half of today’s households won’t have enough retirement income to maintain their pre-retirement standard of living, even if they work to age 65. As measured by the National Retirement Risk Index (NRRI) — which shows the share of working-age… Read More »

NY Times: Nursing Homes are Out, Green House Model is In

Is a nursing home the only option for American seniors for whom assisted living is no longer affordable or suitable? The New York Times poses the question this week in a column by Jane Brody, who explores the rise of the Green House model of care as an alternative to traditional nursing homes.  The Green… Read More »

SEC Files Fraud Charges Against Two Former Assisted Living Concepts Execs

The Securities and Exchange Commission is bringing new charges against two former executives of Assisted Living Concepts, alleging the executives listed fake occupants at some of its senior living communities in order to meet lease requirements. The charges, filed and announced by the SEC Enforcement Division, allege that former CEO Laurie Bebo and former CFO… Read More »

Massachusetts Officials Propose New Rules for Assisted Living Operators

Massachusetts regulators are proposing new rules around assisted living that would require operators to provide additional employee training and evacuation plans, and would prohibit them from accepting residents who actually need a higher level of care than what assisted living provides.  The changes are aimed at “closing gaps that threatened elders’ safety,” according to a… Read More »

Washington Post: Employers Warming Up to Elder Care Benefits

For many adult children, juggling time to care for one’s parents and own household, while at the same time balancing a 9-to-5 job, is no easy task. But as the nation’s aging population is poised for astronomical growth in the years ahead, more employers are providing benefits to their workers to help them with manage… Read More »

Uber Comes to Senior Living With New UberASSIST Rides

At just five years since its inception, Uber has revolutionized how we get a ride from Point A to Point B. It has become a household name, and has been valued at an estimated $18 billion. And now, the company is taking aim at the way seniors get around. Tuesday, the San Francisco-based ride service company announced… Read More »

Study Shows Senior Stereotypes Improve Health — If Done Right

Senior living has been grappling with using the right marketing terms and advertisements of late, ditching words and campaigns that peg seniors as just that — seniors.  But new research shows there’s more incentive for providers to focus on the uplifting aspects of the aging population in their outreach initiatives, even those that are stereotypical.… Read More »

As Health Care Evolves, Senior Living Must Coordinate to Compete

It’s no secret that the senior housing industry is in the midst of navigating an environment becoming defined by coordinated care, with accountable care organizations (ACOs) emerging in an attempt to take on the task of providing the highest quality care at the lowest possible cost. But this collaboration is becoming both a competitive advantage… Read More »

Committee Shows Where End-of-Life Care Falls Short

While palliative end-of-life care gains prominence among millions of patients and their families, there are several areas where this form of health care delivery falls short, according to a recent report from the Institute of Medicine (IOM). The areas where end-of-life care requires the biggest overhauls include that manner in which palliative care is delivered and… Read More »

The State of Senior Housing: Where High Demand Meets Short Supply

While the economy hasn’t fully recovered yet, the senior housing market appears to be in full swing, with positive trends likely to push investment in the category into the future.  Rising demand and falling vacancy levels are among these positive trends, as demand outpaces supply additions, according to a recent report on the state of the senior housing… Read More »

Ecumen Partners with Universities to Address Rural Senior Care Shortage

A new $1.9 million grant to address a rural senior care shortage in Minnesota aims to attract students to the field of senior living before they graduate. Ecumen, a non-profit senior housing provider that operates in many rural Minnesota communities, and the statewide system of Minnesota State College and Universities (MnSCU) are collaborating to introduce… Read More »