by Jeremy S. Herman, CPA, Tax Partner with Plante Moran The Tax Cuts and Jobs Act (TCJA), which passed just a few days before the close of 2017, is a significant piece of legislation and affects nearly everyone in the senior housing industry—no matter the size, specialty, market or corporate structure. As with any tax […]
Over the past 15 days, one resident at Heritage Homes, a memory care facility in Watertown, Wisconsin, has been out of bed a lot at night. He’s opening his door at night more than he usually does, activating his emergency call pendant more, and spending more time during the day in bed. The staff knows […]
by Laurie Thomas and Guy Cowart Post-acute care providers around the nation have been facing a rapidly changing environment, with new Medicare and Medicaid payment models demanding adaptations. While new models are sometimes hard to understand and changes can be difficult to implement, providers are achieving success by shifting into a new gear, elevating clinical […]
by James Henry, Blue Harbor Senior Living Staff Counsel While in-house marketing and sales are one method of attracting new residents, outside referral agencies are a useful tool for increasing senior housing occupancy—a crucial goal for all providers who want to financially operate as a successful business. This article will provide some practical knowledge and […]
by Christian Sweetser It’s 2025. Imagine your morning routine. As you awake, your day’s appointments are displayed on your glasses. Your digital assistant begins to speak, giving you a quick rundown of important meetings and reminding you that your refrigerator is low on milk and eggs. You have a message from your doctor because your […]
By Ingrid Bagby, Melissa Dimitri, Paul Melville and Christopher Updike As an owner, operator, or stakeholder in a continuing care retirement community (CCRC), the last words you likely want to hear are “restructuring” or “bankruptcy.” But, given the economic pressures CCRCs can face, one doesn’t have to look very far to encounter examples of both. […]
by Justin Hutchens It’s extraordinarily sad to mourn the loss of Granger. I know I speak for thousands across the senior living industry when I say that Granger Cobb will be missed dearly. His genuine passion for people, empowering leadership and vision to be a premiere provider of care to seniors across the country had […]
by Christian Sweetser Every business sector is searching for the opportunity to increase revenues. One solution that is currently being embraced by seniors housing is the eponymous revenue management approach pioneered by the airline industry in the 1970s. The computerized/mathematical functioning of the model is complex, but the concept is simple: by carefully orchestrating pricing […]
by Andrew Carle The biggest news for the senior housing industry moving forward is that, by 2050, there will be more people worldwide over the age of 60 than under the age of 15 for the first time in our 300,000-year history as a species on the planet. As Baby Boomers have also been identified […]
By Bobby Guy Senior housing has recovered from The Great Recession to become the new darling of developers across the country. Sale prices for senior housing facilities have skyrocketed, and cap rates on deals appear to be reaching historic levels. At the same time, the market is changing dramatically. The Affordable Care Act (the “ACA”) […]
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