News

Senior Living Industry News

7/7/2016

New Report Provides Recommendations on Healthy and Affordable Aging

In a new report titled “Healthy Aging Begins at Home,” The Bipartisan Policy Center (BPC) identifies four ways to address the impending wave of seniors with inadequate retirement savings. The BPC focuses on four categories: the need for more affordable supply, improving aging at home options, integrating health care and supportive services with housing and using emerging technologies to support successful aging.

5/13/2016

FHA Section 232 Handbook Updated

The U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) has released an update to its Sec. 232 Handbook that proposes important changes that should greatly benefit seniors housing and care providers seeking debt financing.

4/4/2016

Seniors Housing and Care Outlook: Q&A with Kass Matt

As the first quarter of 2016 comes to a close, Lancaster Pollard President Kass Matt shares his views on the state of the seniors housing and care market and what challenges lurk on the horizon.

3/15/2016

New Quality Measures Announced for Five-Star Rating System

The Centers for Medicare & Medicaid Services (CMS) announced the introduction of six new quality measures to its Nursing Home Compare Five-Star Quality Rating System. CMS will begin posting data on the new measures in April of this year and five of the six measures will begin to be used in the calculation of ratings in July 2016.

8/20/2015

Assisted Living Conversion Program

On August 11, the U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) released guidance that makes it possible to finance properties eligible under the Assisted Living Conversion Program (ALCP) using FHA mortgage insurance through the Sec. 223(f) and Sec. 221(d)(4) programs.

3/12/2015

Seniors Housing Prices Reach New Records

Average prices for seniors housing and care properties reached record highs last year across the continuum of care, according to Irving Levin Associates’ preview of its soon-to-be-published study, The Senior Care Acquisition Report.

2/9/2015

Larry Minnix to retire from LeadingAge

In a letter to partners and friends of LeadingAge emailed on Thursday, Feb. 5, 2015, LeadingAge CEO and President Larry Minnix announced his retirement. After 15 years with the aging services organization, Minnix will step aside at the end of this year.

1/15/2015

Kaiser Report Details Medicare Spending

The Kaiser Family Foundation’s recently released report, “The Rising Cost of Living Longer: Analysis of Medicare Spending by Age for Beneficiaries in Traditional Medicare,” provides a detailed analysis of Medicare spending by age and by service among the approximately 30 million people covered by the program in 2011.

11/24/2014

LCAO Urges Congress to Increase Funding for Older Americans Act

The Leadership Council of Aging Organizations (LCAO), a coalition of 71 national nonprofit organizations that advocates on behalf of seniors for health-related issues, recently sent Congress a letter urging the funding of the Older Americans Act (OAA).

11/3/2014

Credit Rating Agency Forecast for Senior Living

Fitch Ratings recently released the report “2014 Median Ratios for Nonprofit Continuing Care Retirement Communities (CCRCs)” that cited continued improved performance for the senior living sector, especially for those projects already rated within Fitch’s higher-rated categories.

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