Seniors Housing & Care Industry Support and Networks

 

Seniors Housing & Care Industry Support and Networks

  • Who are the national industry organizations?
  • What are the prominent publications and periodicals?
  • What legislation affects seniors housing and care?
  • What college/universities offer programs focused on the seniors housing and care property market?

Who are the national industry organizations?

The National Investment Center for the Seniors Housing & Care Industry (NIC) has served as a valuable resource to lenders, investors, developers/operators, and others interested in meeting the housing and care needs of America’s seniors. Its mission is to advance the quality of seniors housing and care by facilitating informed investment decisions through best-in-class data, research, networking events, and professional education.

The private, not-for-profit Alliance for Aging Research is a national citizen advocacy organization working to improve the lives of Americans as they grow older by advancing biomedical and behavioral research in aging and health.

The American Seniors Housing Association (ASHA) provides leadership for the seniors housing industry on legislative and regulatory matters, advances research, education, and the exchange of strategic business information, and promotes the merits of seniors housing.

The Assisted Living Federation of America (ALFA) and its members aim to exemplify the principles of choice, dignity, and independence for seniors. To support these principles and to enhance quality of life for seniors, ALFA influences public policy, promotes business excellence, and ensures an informed public.

LeadingAge—formerly the American Association of Homes and Services for the Aging (AAHSA)—consists of 5,700 member organizations, many of which have served their communities for generations, and offers the continuum of aging services: adult day services, home health, community services, senior housing, assisted living residences, continuing care retirement communities, and nursing homes. LeadingAge’s commitment is to create the future of aging services through quality people can trust.

The National Center for Assisted Living (NCAL) is the assisted living voice of the American Health Care Association (AHCA). NCAL is dedicated to serving the needs of the assisted living community through national advocacy, education, networking, professional development, and quality initiatives.

These are just a few organizations and affiliations. There are many others providing support and information that serve the industry.

What are the prominent publications and periodicals?

NIC releases various publications throughout the year, including our biennual NIC Investment Guide and various other, periodic industry insights and research reports associated with its NIC MAP Data & Analysis Service.

The NIC MAP Data & Analysis Service provides quarterly market data, including occupancy and rental rate data, across the nation’s 100 largest metropolitan markets and covering over 12,300 seniors housing and nursing care properties.

Assisted Living Executive is the Assisted Living Federation of America’s (ALFA’s) monthly publication and covers the latest news in assisted living aimed at improving operational excellence in senior living care.

McKnight’s Long-Term Care News is a business news magazine serving the institutional long term care field.

National Real Estate Investor (NREI) often publishes special editions on seniors housing related matters, as well as more regular coverage of industry happenings and topics.

Provider is a monthly magazine for long term care professionals and is published in affiliation with the American Health Care Association (AHCA) and National Center of Assisted Living.

The Senior Care Investor provides one of the most commonly used and cited sources of information on transactions in the sector.

The American Seniors Housing Association’s (ASHA’s) annual State of Senior Housing provides another source for industry operational data of all types.

Many other industry organizations, affiliations, and brokerages also publish periodic reports with industry subject matter, including the National Association of Real Estate Investment Trusts (NAREIT), the National Council of Real Estate Investment Fiduciaries (NCREIF), and Real Capital Analytics (RCA).

What legislation affects seniors housing and care?

Any legislation that affects health care reform, reimbursement, and regulation has a significant affect on seniors housing and care properties. Therefore, most notably, the Health Care Reform Legislation of 2010 will have a significant impact upon the industry.

Medicaid and Medicare are significant components in the industry revenue structure, especially in the skilled nursing, and to a lesser extent in the assisted living, subsectors. As such, any modification of these entitlement programs may have considerable effects.

Many states have defined governing or oversight agencies that oversee property licensing, regulation, and inspection to include need-based certifications to operate properties’ units or beds. Level and type of regulation varies greatly by state.

Additionally, tax credit and incentive-based financing programs may be affected by changes in their respective governmental programs.

What college/universities offer programs focused on the seniors housing and care property market?

The University of Maryland Baltimore County’s (UMBC’s) Erickson School for Aging Studies provides undergraduate, graduate, and executive level educational programs on industry topics, as well as assistance in career placement. The Erickson School offers a master degree in management of aging services.

A master of science degree in seniors housing administration was recently launched at George Mason University in Fairfax, Virginia. In addition, a master of science degree in management, elder care administration, is offered at Lasell College in Newton, Massachusetts, and a master degree in long-term care seniors housing and aging services is offered at the University of North Texas, Denton.

The University of Southern California’s Davis School of Gerontology, Los Angeles, California, offers a master of aging services management (MASM).

George Washington University in Washington, D.C., offers a graduate certificate in long-term administration through its School of Public Health & Health Services.

Cornell University’s School of Hotel Administration recently began offering a course on seniors housing and care, as well as facilitating internships and career placement.

Many other universities throughout the nation offer courses with some introduction to seniors housing and care topics, and the industry continues to gain prominence within various undergraduate and graduate level curriculums. If there are other existing degree programs focused on seniors housing and care, please bring them to our attention so we can add them to this list.