Kramer: Covid-19’s ‘Creative Destruction’ of Senior Living Requires New Tech-Driven Models

The ongoing Covid-19 pandemic is dismantling a long-held notion among some senior living providers that health care is not their domain. That doesn’t mean senior living providers need to abandon hospitality-driven models altogether. But it does likely mean they need to rethink how they coordinate care within their communities, according to Nexus Insights Founder and […]

‘This Isn’t Sustainable’: Covid-19 Testing Pushes Senior Living Providers Closer to Financial Crises

The financial burdens of the coronavirus pandemic have squeezed senior living margins for months — but some providers are now openly wondering how much longer they can operate normally without an even greater level of federal support. The federal government has pledged to offer some support to the private-pay sector, both in the form of […]

White House Offers ‘Practically Nothing’ to Assisted Living, Pledges Nursing Home Aid

President Donald Trump praised his administration’s efforts in protecting older adults from Covid-19 — but LeadingAge, an association of non-profit senior service providers, believes far more must be done. Trump announced the federal government’s newest move to aid older adults living in nursing homes during a White House event titled “Protecting America’s Seniors” Thursday. Included […]

Senior Living Organizations Clash Over Effort to Set New Industry Standards

Several senior housing and care organizations are butting heads over the right to potentially shape new U.S. senior living standards, most recently at a hearing held Tuesday. At the core of the discussion is an effort from Argentum to help create new senior living standards with the American National Standards Institute (ANSI), a national organization […]

CMS Chief Defends Rule That Could Saddle CCRCs with High Taxes

Senior living operators and residents alike are concerned about a proposed federal regulation that could result in steep tax bills for continuing care retirement communities (CCRCs) — and they may now have reason to be more worried about that rule taking effect as written. On Wednesday, the Centers for Medicare & Medicaid Services (CMS) published […]

Assisted Living Administrator Salaries Jumped 3.6% in 2019

Wages for salaried and hourly assisted living employees continued an upward trend in 2019, with administrator salaries seeing the largest average increases. That’s according to a Senior Housing News analysis of the most recent Assisted Living Salary & Benefits Report from the Hospital & Healthcare Compensation Service, an annual release that is produced with support […]

Risk Aversion Holding Back Nonprofit Senior Living, Despite Affiliation Trends

Nonprofit senior living providers have shown an increased appetite for growth through affiliation and expanding existing campuses in recent years. Yet an aversion to risk born out of the post-2008 economic downturn has the sector trailing its for-profit peers. These trends are on display in the 16th annual LZ 200 list of top nonprofit providers […]