Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]
In the last month, a number of reports have provided data points that shed light on what the future holds for senior living. These reports have included an update on the middle market opportunity, a definition of the active adult rental sector, a breakdown of health conditions and spending among residents, a deep-dive into memory […]
Insurance giant Genworth (NYSE: GNW) has teamed with serial entrepreneur Timothy Peck on a startup meant to redefine the way older adults connect with housing, services and care. Currently, when older adults and their loved ones are in need, they must start to navigate a system that is “fragmented,” “dizzying,” “overwhelming” and “unfair,” Peck told […]
The cost of long-term services and supports is high, and senior living is still not attainable for most older adults or their families. The most recent example of the high cost of care is courtesy of a new report from the AARP Public Policy Institute. The 24th annual report, titled “Across the States 2018: Profiles of […]
Seniors that reside in Utah may relish in the fact that the state is considered the “best” state in which to age, according to Caring.com’s “2017 Best and Worst States to Grow Old” report. The third-party senior care referral agent ranked states according to various factors, including senior living community reviews, nursing home costs and elderly well-being assessments. […]
It’s been a spicy news week, dominated by two organizations: HCP Inc. and Argentum. HCP has been the laggard among the “Big 3” senior housing real estate investment trusts in recent years, seeing its share price drop below its peers as it has confronted a number of issues. With the news this week that it […]
Americans deciding where to spend their over-55 years shouldn’t choose a state based solely on the promise of sunny, warm weather. In fact, they should set their sights on the sometimes cold and gloomy Midwest. South Dakota, which offers high-quality care at prices that are below average, is the best state in the country in which […]
The toll of caregiving can sometimes be more than one can handle, findings from Genworth’s recent “Beyond Dollars” study show. Senior living providers can offer an alternative that may be increasingly attractive to family caregivers, who are experiencing greater burdens and may be seeing their careers and income suffer, the findings suggest. Today’s caregivers are […]
Top news organizations around the country recently ran these must-read stories related to senior housing. You Don’t Want to Be Old in These States—Texas, Louisiana and Oklahoma are among the states where nursing home quality lags the most, according to a recent analysis of government ratings. Nursing home stakeholders point to chronic underfunding by Medicaid […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Harrisburg Police Discover Drug Activity in Senior Living Apartments—High-rise senior living apartments in Pennsylvania’s capital are a hotbed of the local heroin trade, police say. The problem is a combination of aging Baby Boomers “continuing what they know” and younger […]
