News

Growing Senior Living Operator Sees Benefits In Skilled Care

Operating a continuing care retirement community (CCRC) generally requires the full continuum of senior living services, from independent living to long-term senior care.  But amid troubles in the skilled nursing marketplace, some senior housing operators have moved…

China’s Increased Scrutiny Of Outbound Acquisitions Leads To M&A Slowdown

August 7, 2017, Financial Times - A Chinese property group’s acquisition of a US senior living business has stalled as regulators in China tighten their grip on outbound investments and banks re-calibrate their assessment of lending risks.  In June, Zhonghong Zhuoye Group was close to agreeing…

LTC Worker Shortage A 'Train Wreck Waiting To Happen,' Expert Says

August 7, 2017, Alyssa Salela, McKnight's Long-Term Care News - Low wages and a lack of respect for direct care workers is putting the long-term care industry on a dangerous path to worker shortages, a professor warned last week.  “It's an absolute train wreck waiting to happen,”…

Assisted Living Offers Promise For Future, Ensign Group CEO Says

August 6, 2017, Lois Bowers, McKnight's Senior Living - Assisted living, along with home health, hospice, nonemergency medical transportation and other post-acute services are areas that offer encouragement for the future of The Ensign Group and its operating affiliates, President…

Groundbreaking' Senior Living Community Planned For NY College Campus

August 6, 2017, Alyssa Salela, McKnight's Senior Living - After more than a decade of work, Purchase College is moving forward with its plans to create a senior living community on its 500-acre campus.  The educational…

Trump-Backed Immigration Plan Could Worsen Senior Housing Workforce Crisis

August 6, 2017, Elizabeth Jakaitis, Senior Housing News - A new bill put forward by two Republican Senators aims to dramatically cut immigration levels over the next decade, an action that would be detrimental to the future of the senior housing workforce, experts and industry insiders say.…

Workforce Shortage, Inflation Remain Concerns For SNF Construction

August 4, 2017, Alyssa Salela, McKnight's Long-Term Care News - The cost of construction for both mid-level and high-level skilled nursing projects is expected to increase through the end of the term, according to 

Florida SNFs Suing Managed Care Groups Over Delayed Medicaid Payments

August 4, 2017, Emily Mongan, McKnight's Long-Term Care News - A group of Florida skilled nursing facilities has filed a class action lawsuit against multiple insurance providers over delayed Medicaid payments.  The suit, filed Wednesday in…

CMS Urges Providers To 'Make Your Voices Heard' On Case-Mix Methodology Memo

August 4, 2017, Emily Mongan, McKnight's Long-Term Care News - The Centers for Medicare & Medicaid Services is still seeking provider feedback on its proposal to replace skilled…

4 Innovative Approaches To Memory Care

August 4, 2017, Erik Prado, Senior Housing News - Memory care is definitely not what it used to be.  With approximately 5 million people living with Alzheimer’s disease in the United States, memory care providers are leading the charge to improve the well-being and quality of life for affected…