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SNF Cost of Care Increases by 28% from 2019 to 2021
On October 13, 2022 by Libbie Chapuran
According to a new report by Clifton Larson Allen (CLA), the total cost per patient day from 2019 to 2021 has increased by 28% or $73 per day. For comparison, the per-patient costs increased by just 3% between 2018 and 2019. Rising prices are significantly impacting margins, regardless of the operator's market.
Care Center Occupancy Takes Big Hit from COVID-19
On July 15, 2020 by Jeff Bostic
The Long-Term Care Imperative has recently finished a special analysis of occupancy data for the first half of 2020. As anticipated, the results show that the spread of COVID-19 had a major negative impact on care center occupancy in the second quarter. However, the impact varied by region and did not hit every provider at all.
Care Center Occupancy Data Shows Decline in 2019
On April 1, 2020 by Jeff Bostic
After showing some improvement in 2017, occupancy results for care centers that participated in the Long-Term Care Imperative annual occupancy survey have declined slightly throughout 2018 and 2019. Occupancy for 2019 was the lowest we’ve ever found, 87.1%, and it declined each quarter throughout the year.
The Key to Serving Middle-Income Older Adults? Partnerships
On March 10, 2020 by Jodi Boyne
It’s a statistic that can’t be ignored: 54% of the 14.4 million middle-income older adults in 2029 will lack the financial resources to pay for seniors housing and care. We know it will take public and private collaboration to address this looming crisis. We also know there are steps providers should be taking now to be best positioned for these partnerships.
Top Trends in Aging Services: Preparing for Historic Changes
On January 7, 2020 by Jodi Boyne
Senior living and care organizations are facing a time of great uncertainty, and the speed and diversity of change seems unparalleled. Health Dimensions Group (HDG) recently published its Top Trends in Aging Services: Preparing for Historic Changes list for 2020.
Home Remains #1 Choice for Older Adults; Assisted Living Ranks Second
On November 5, 2019 by Jodi Boyne
Receiving long-term care at home continues to rank as the number one preference for adults age 50 or older, but almost one-fifth said they would prefer an assisted living facility.
6 Areas Where Senior Living Must Improve
On September 10, 2019 by Jodi Boyne
How will senior living attract more residents and cultivate new revenue streams? The American Seniors Housing Associated (ASHA) has released a new issue brief that challenges the status quo and provides guidance for how senior living can improve.
Disruptions and the Future of Senior Living: NIC Founder Bob Kramer Featured at Annual Meeting
On July 10, 2019 by Heidi Simpson
Bob Kramer, founder and strategic advisor for the National Investment Center for Seniors Housing and Care (NIC), will be a featured presenter at the upcoming Annual Meeting & Leadership Forum, Sept. 17-20 at Madden’s in Brainerd.
Salary Survey 2019 Forms Available
On June 4, 2019 by Jeff Bostic
The 2019 version of our annual salary survey was recently emailed to all members and human services contacts. The survey, a project of LeadingAge Minnesota, Care Providers of Minnesota and the Healthcare Human Resources Association of Minnesota, results in two comprehensive reports on employee compensation in care centers and senior housing settings.
The More You Know: Older Baby Boomers’ Preferences on Aging
On March 19, 2019 by Jodi Boyne
Safety. Being around family. Having access to the outdoors. Affordability. These are just a few key findings in a new noteworthy study from LeadingAge and NORC.
Your Input Needed: 2019 State of Seniors Housing Survey
On February 19, 2019 by Jodi Boyne
To help provide a representative picture of the current state of senior housing, your input is needed for the annual State of Seniors Housing. All organizations that complete surveys will receive a complimentary copy of The State of Seniors Housing 2019, which compiles the survey results for comparisons to your own operations.
Senior Housing: Demand Finally Catches Up with Supply
On January 15, 2019 by Jodi Boyne
Consumer demand for senior housing is keeping pace with the increase in the inventory of new units, according to the National Investment Center for Seniors Housing & Care (NIC).
Survey Says: More People Willing to Move into Assisted Living
On December 31, 2018 by Jodi Boyne
Most people at or near retirement age would rather stay home than move into a senior living community, but the gap between the two options is narrowing, according to a recent article in McKnight’s Senior Living.
Health Dimensions Group Previews Top Trends in Aging Services for 2019
On December 5, 2018 by Jodi Boyne
Value-Based Payment, Growth of Managed Care Models, Continued Workforce Challenges, and Repurposing of Skilled Nursing Facilities are just a few of the 11 aging services trends Health Dimensions Group (HDG) has identified for 2019.
New Report: State-Level Data, Affordability for Older Adult Housing Cost Burden
On November 20, 2018 by Jodi Boyne
A new report from the Joint Center for Housing Studies of Harvard University presents a sobering look at the latest data on housing cost burdens for older adult owners and renters. Housing America's Older Adults 2018 features information on:
LZ 200: New Annual Report of Largest Not-For-Profit Senior Living Providers
On November 20, 2018 by Jodi Boyne
LeadingAge and Ziegler has published the 15th edition of the LeadingAge-Ziegler 200 (LZ 200) Report.
6 Trends Changing the Face of Intergenerational Senior Living
On November 14, 2018 by Jodi Boyne
The traditional notion of a “senior” is no longer relevant, and the preferences and desires of today’s older adult is driving changes in senior living focused on an active lifestyle, outside community and avenues to share experiences, skills, knowledge and wisdom. In 6 Trends Changing the Face of Intergenerational Senior Living, Senior Housing News interviewed more than 20 leaders leading the change.
What’s the Top Senior Living Expansion Strategy in 2019?
On October 23, 2018 by Jodi Boyne
Acquisitions will continue to be the most common way senior living providers expand their businesses in 2019, according to a new survey from Capitol One as featured in McKnight’s Senior Living.
It’s 2024. What Does Your Continuum Look Like?
On October 9, 2018 by Jodi Boyne
Is your current continuum of services and supports up to the task of serving future consumers? LeadingAge Director of Residential Communities Steve Maag offers advice on how to find out.
Data Available on Aging Services Across the States
On September 25, 2018 by Jodi Boyne
A recent report by the AARP Public Policy Institute provides valuable data on the population receiving aging services and the ways in which these services are provided, broken out by state.