Category: senior care

Ownership and Accountability Matter

Private equity funds owning nursing homes can have several negative implications for the quality of care and well-being of the residents. Care from for-profit private equity firm provide lower quality of care, and more abuse and neglect as a result. The rate of serious medical complications increase after they were purchased by private equity investment firms. The

Lack of Supervision

The Washington Post listed out wrongful deaths at assisted living facilities for letting residents wander away from the facility without supervision or assistance. The Washington Post found at least 98 seniors with cognitive issues died after walking away from an assisted-living facility or being left outside unattended. Ten states did not provide any records and

Occupancy Rebounds

Green Street Advisors released a new report showing senior living occupancy ended the year with “better than expected momentum … that sets the stage for a favorable outlook this year. Occupancy will exceed pre-Covid levels in 2024. The Wall Street Journal reports an analysis by Jason Fichtner, chief economist at the Bipartisan Policy Center, that a

More Caregivers Needed

McKnight’s had an article on a recent study showing more than 30% of older adults who are caregivers are also receiving care to assist with completing their own daily activities. Vulnerable caregivers are more likely to care for a spouse. Often they are older with health issues and limited financial assets according to the report published in

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