By: Sloane Airey The memory care industry is walking a delicate balance in 2024 between innovating and “backsliding” on important testing and treatment advances. As the industry grapples with newly approved drugs, technology built on artificial intelligence (AI), and a rapidly aging population outstripping the country’s supply of care, memory care providers are juggling leaning […]
By Amy Stulick The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) is slated to have a new president and CEO this fall: Clifton J. Porter II. Porter will be the first African American to fill the role in AHCA/NCAL’s 75-year history. He currently serves as the senior vice president of government relations […]
By Sloane Airey The idea of creating memory care villages gets a lot of ink – but not too many bricks. Ever since the opening of the memory care village “Hogeweyk” in Weesp, Netherlands, there has been no shortage of news coverage about how operators in the U.S. could learn from it and potentially adapt […]
By: Lara Unnerstall The pandemic. The “great resignation.” And now, in 2024, a tight labor market. All of these health and economic forces have hit senior living operators hard, with those in memory care feeling the pain both acutely and cumulatively. Unfortunately, the problem isn’t going to go away overnight. Recent projections say many more […]
By Audrie Martin Senior living operators have for years sought to provide their services at a rate that middle-income older adults can afford. For memory care operators, that is a tough task. Faced with a resident population that needs much more care than is typical in other product types like independent living, memory care operators […]
By Amy Stulick Skilled nursing beds have contributed to operational stress at continuing care retirement communities (CCRCs) this year, according to a new report from Fitch Ratings. Fitch recorded eased labor challenges as well among skilled nursing providers as part of its “exposure draft” document that proposed revising rating criteria for CCRCs. Such campuses continue to […]
By: Sloane Airey Memory care providers are looking at new – and old – ways to market their services to prospective residents. Doing so is perhaps harder than ever before. Residents and their families are doing their research online more than before the pandemic. But that can be a double-edged sword. A recent series of […]
By Amy Stulick Mark Parkinson, CEO and president of the American Health Care Association and National Center for Assisted Living (AHCA/NCAL), is in 2025 planning to retire from his role after 13 years with the association. Parkinson plans to stay on until Jan. 15 of next year, as the association launches its search for a new […]
By: Zahida Siddiqi Sanford Health is through subsidiary Evangelical Lutheran Good Samaritan Society planning a $200 million continuing care retirement community (CCRC) as part of a larger expansion into the space. The Good Samaritan Society executives told Senior Housing News sister site Skilled Nursing News that the funding for the project is an outcome of […]
By: Amy Stulick American Healthcare REIT raised $672 million in its initial public offering, representing the lower end of its initial target. The Irvine, California-based real estate investment trust was aiming to raise up to $840 million. Shares were sold at the bottom of a marketed range, adding to a run of modest performances as […]
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