Wages for many key health care workers in assisted living increased between 5% and 6% on average last year. That’s according to the latest edition of the Assisted Living Salary & Benefits Report from Hospital & Healthcare Compensation Service (HCS), which is produced in collaboration with LeadingAge and the National Center for Assisted Living (NCAL). […]
This article is available as part of your SHN+ membership Nineteen leaders of senior living operators contributed their thoughts to our annual “Executive Forecast” articles, which we published last week. These execs provided valuable insights into what lies ahead for senior living over the next 12 months. Their responses covered a wide range of issues […]
This article is available as part of your SHN+ membership The senior living sector was rocked this week by the Washington Post’s series slamming assisted living. The three articles took aim at multiple facets of the senior living business but mainly focused on elopements among residents with memory care needs. Senior living associations and some […]
This article is available as part of your SHN+ membership Silos in care are not breaking down fast enough across the continuum. This was nearly the unanimous sentiment among the attendees at our CONTINUUM conference last week. When we polled the audience, 85% of respondents said that silos are not breaking down quickly enough, and […]
This article is available as part of your SHN+ membership Based on a number of recent news reports and research studies, I imagine the public is confused about whether senior living is affordable or out of reach, a good deal or a veritable swindle. These reports and studies include the article headlined “Extra Fees Drive […]
Senior living rental rents have been climbing at roughly double their pre-pandemic pace, increasing by about 6% to 6.7% year-over-year, depending on care type. Yet, senior living communities have become more affordable relative to some other residential options. That’s according to a recently released report on national senior housing trends for the second half of […]
This content is available as part of your SHN+ membership Third quarter earnings calls highlighted the pain to be inflicted by “higher for longer” interest rates, but the calls also revealed positive trends related to the improving operating environment for senior living. In particular, leaders with Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Brookdale (NYSE: […]
When basketball legend Magic Johnson announced in 1991 that he had been diagnosed with HIV, the news carried the weight of a nearly certain death sentence. But of course, Johnson would be fortunate enough to survive until the advent of effective treatments, and he is living a full life three decades after his diagnosis. It’s […]
This content is available as part of your SHN+ subscription This economic cycle is going to feel like a “slow-moving train wreck.” Shankh Mitra, CEO of Welltower (NYSE: WELL), said that last week at the National Investment Center for Seniors Housing & Care (NIC) Fall Conference in Chicago. And his comments were reinforced the next […]
Balfour Senior Living has become an affiliate of Kisco Senior Living, creating a combined entity of 35 communities with more than 5,000 apartments. The two privately held companies announced the transaction on Oct. 13, but did not disclose any financial details. Going forward, Kisco Founder and CEO Andy Kohlberg will serve as CEO of the […]
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