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On-Demand Panel Presentation: Tech-enabled therapy for senior living: Improving resident care, communication and your bottom line
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How senior care providers drive demand, handle inquiries with artificial intelligence
1+ week, 6+ day ago (334+ words) Senior living and care providers can look to ChatGPT for help in driving demand and handling inquiries from prospective residents and their families. According to a recent report from artificial intelligence-powered platform Invoca, an average of 53% of calls to senior…...
This new role is transforming the resident experience at one senior living community
2+ week, 4+ day ago (541+ words) A California continuing care retirement / life plan community has created a new position to provide ongoing, personalized support throughout the entire resident experience, from move-in to adapting to evolving health and care needs. The trauma of transitions for older adults…...
Integrated care model bridges gap between assisted living medical, social support
3+ week, 3+ day ago (517+ words) McKnight's Senior Living As the population of older adults living in assisted living communities increases and their needs grow more complex, care models must evolve to bridge the gap between social support and medical care. A new study outlines an…...
NHI accelerates senior living pivot with completion of SNF-focused portfolio sale
1+ mon, 1+ day ago (438+ words) The completion of a previously announced sale of a skilled nursing facility-heavy portfolio marked a major turning point for National Health Investors as it continues its focus on expanding its senior housing operating portfolio, executives said Tuesday during a second-quarter…...
Sabra’s post-second-quarter senior living investments exceed $300M, ‘actively pursuing’ an equal amount
1+ mon, 1+ week ago (399+ words) Senior living is gaining a larger footprint in Sabra Health Care REIT’s portfolio, and company executives said it will remain a focus for additional investments going forward. During a second-quarter earnings call Tuesday, CEO, President and Chair Rick Matros said…...
Senior living outperforms other real estate sectors for seventh quarter in a row
1+ mon, 1+ week ago (323+ words) Senior housing is continuing its investment performance momentum, outperforming other sectors on the National Council of Real Estate Investment Fiduciaries Property Index. Senior housing posted a 3.9% total return in the second quarter, bringing the year-to-date returns to 8%. Overall, senior housing…...
Rate increases for nursing homes, home care ‘modest’ year over year: Altarum
1+ mon, 1+ week ago (377+ words) The year-over-year rate increases that nursing homes charged for care (3.3%), and home healthcare rate increases (1.9%), were “moderate,” compared with rate increases for dental care, which increased by 7% year over year, Altarum Fellow, Health Economics and Policy George Miller told the…...
Harbert Management Corp. sells 5 senior living communities for $455M
1+ mon, 1+ week ago (208+ words) Birmingham, AL-based Harbert Management Corp. closed July 1 on the sale of five senior living communities across three separate transactions totaling $455 million, the alternative asset management company reported Monday. The properties included 811 independent living, assisted living and memory care units across…...
Acts Retirement–Life Communities’ Park Pointe Village breaks ground on $200M+ expansion in Rock Hill, SC
1+ mon, 1+ week ago (232+ words) Acts Retirement–Life Communities broke ground Friday on a more than $200 million expansion to the campus of its Rock Hill, SC, continuing care retirement / life plan community. The project, which will add 109 acres to Park Pointe Village, is the largest…...
Ownership changes, regulatory and reimbursement pressures top reasons for nursing home closures, study finds
1+ mon, 1+ week ago (268+ words) The findings indicate that the closures often reflect more than a single terminal event. Knowing the trends and factors associated with nursing home closures is vital to informing policy decisions, guiding resource allocation and developing strategies to mitigate disruptions to…...