Douglas Wilson Companies (DWC), a noted San Diego-based real estate developer, has officially entered the senior living game by opening Sienna at Otay Ranch, in partnership with two well-known names in the industry: Milestone Retirement Communities and HCP Inc. (NYSE: HCP). DWC plans to open additional senior living communities throughout the western U.S. over the […]
Assisted living communities are taking in an increasing number of dementia residents, but memory care services might not always be keeping these older adults safe and secure. That’s according to a Dec. 13 New York Times article produced in collaboration with Kaiser Health News. The article –“Dementia Patients Fuel Assisted Living’s Growth. Safety May Be Lagging” […]
The coming wave of aging baby boomers will present several challenges to a senior living industry already struggling to meet the demand of seniors who cannot afford market rate independent living, assisted living or memory care. In particular, the population of older adults is quickly growing in low-density areas where it’s especially difficult to build affordable senior living projects. […]
“This project has been a very long time in the making.” Those were the words that Belmont Village Senior Living founder and CEO Patricia Will said to a group of nearly 60 people late last month at a ribbon cutting ceremony of a sales center for the Houston-based firm’s upcoming assisted living facility in Chicago’s […]
Spurred by the continuing shortage of skilled labor in senior living, the costs to reside in assisted living in 2018 are nearly double last year’s rate, according to the latest Cost of Care Survey from insurer Genworth Financial (NYSE: GNW). Assisted living costs rose 6.67%, the highest spike among all care segments. AL costs increased […]
Whether they don’t want to be burdens to their children or are placing faith in future innovation, older adults view assisted living as a better option than moving in with family members. Going to a nursing home, meanwhile, is about as popular as a root canal. That is one of the takeaways from a recent […]
More than half of all U.S. states — 29, to be exact — tweaked regulations, statutes and policies for assisted living providers between June 2017 and June 2018, according to the 2018 edition of the “Assisted Living State Regulatory Review” from the National Center for Assisted Living (NCAL). The most common changes to state regulations […]
Facing financial headwinds from low Medicaid reimbursements, some skilled nursing providers in Washington are eyeing a switch to other product types — including assisted living. The state’s current Medicaid system, which took effect in 2016, has led to constrained reimbursements across the state. That, in turn, has resulted in serious struggles for providers, even with […]
While assisted living communities and home care agencies frequently collaborate, successfully forging those kind of relationships can be difficult. It’s for this reason that leaders from two Midwestern assisted living communities provided insight into how and when they partner with home care agencies Wednesday during the fifth annual 2018 Private Duty Symposium, organized by LeadingAge […]
Sunrise Senior Living is launching a 12-month trial in some of its U.K. communities, testing a type of dementia therapy that is gaining increasing recognition for effectiveness. The approach, if successful, could be integrated into the company’s memory care practices in the United States as well. The trial is being conducted by the University of […]
