Every year, Medicare has an open enrollment period: October 15 – December 7. During this time, Medicare beneficiaries can do the following: Switch from Original Medicare to Medicare Advantage, or vice versa; Switch from one Medicare Advantage plan to another; Change …
This story is part of your SHN+ subscription In a matter of months, Avenue Development’s first Viva Bene community will open its doors near St. Louis. The active adult community, which is slated to be managed by Greystar, is opening with a layout that includes 161 units and amenities including …
This story is part of your SHN+ subscription Recently, I had a conversation with Priority Life Care CEO Sevy Petras that got me thinking about the current era and future of senior living. Petras said she came away from the NIC Fall Conference this year with a lot of new …
Florida-based senior living operators have prepared for the arrival of Hurricane Milton by shoring up emergency plans and evacuating residents. As of Wednesday afternoon, the hurricane was barreling toward Florida, with an expected landfall late in the evening. According to the National Weather Service, the storm will bring a “potentially …
So as I was watching an old Star Trek the other night for I can’t even fathom how many times, it occurred to me there must be a reason. There are certainly no surprises there. Shatner is pompous, conceited and overacts without any competition, then or now. And we loved …
Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. Looking ahead to …
Editor’s note: You can hear more from senior living executives, including Experience Senior Living President Phill Barklow, on the topic of ongoing development at the upcoming (RE)BUILD conference. Experience Senior Living is advancing new development projects in an effort to capitalize on new senior living demand in the years ahead. The …
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Many senior living companies are subsisting on renovation and repositioning as new development remains slow. As they undertake new projects, they are putting a lot of thought into what will get the most bang for their buck. With projects usually totaling millions of dollars, operators must get return on their …
This article is part of your SHN+ subscription This week Brookdale Senior Living (NYSE: BKD) announced it will buy 41 of its leased communities for $610 million, increasing the company’s share of owned and managed units to about two-thirds of its total portfolio. Brookdale funded the transaction – more precisely, …
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