Average employee wages in senior living have risen at a greater rate than those in the private sector, but staffing remains an ongoing pain point for the wider industry. That’s according to a new Argentum report analyzing wage growth over the span of five years from 2019 to 2023. The report, released this week, is […]
A new blood test that could help identify Alzheimer’s earlier from healthcare company Roche has received a Breakthrough Device Designation from the U.S. Food and Drug Administration. The test, branded “Elecsys” and under development with Eli Lilly and Company, can aid in identifying the likelihood of amyloid pathology in a person’s brain, according to Laura […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
This year is shaping up to be a boom for Three Pillars Senior Living Communities, and the remainder of 2024 is looking good for the single-site community. That’s according to Mark Strautman, president and CEO of the Dousman, Wisconsin-based nonprofit, who said the changes stem from a strategic plan that began in 2017 that aimed […]
Privately owned real estate and private equity firm Pacifica Companies has purchased a 15-community portfolio from Retirement Housing Foundation. That’s according to an April 19 press release from Chicago-based specialty investment bank Ziegler, which advised on the $180.5 million transaction for the non-profit. The purchased portfolio represents “the majority of RHF’s presence in market-rate senior […]
People who use cannabis for non-medical reasons may have a lower chance of developing cognitive decline. That’s according to a study published in Current Alzheimer Research with the National Library of Medicine. The study, in which researchers sought to determine whether cannabis consumption had an effect on subjective cognitive decline, analyzed data from 4,744 adults […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Management LCB takes over management of The Reserve at East Longmeadow LCB Senior Living announced it has assumed management of The Reserve at East Longmeadow on April 9. According to a press release, the community has over 100 residential apartments and has assisted living and memory care services. The community was opened in 2014. Partnerships […]
U.S. News has released its third “Best Senior Living” list, with companies including Brookdale Senior Living (NYSE: BKD), LCS and Brightview Senior Living near the top of the stack. . Of the more than 3,500 communities that were surveyed, 1,703 were recognized as “best” in one or more of the available categories, which include best […]
The high cost of new development and lack of financing for big projects has pushed some operators to renovate and reposition older communities. In 2024, senior living operators and their partners are focusing on adding as much value as possible through renovations and repositioning. But as operators serving the baby boomers can attest, the incoming […]
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