Assisted Living

Berkadia announces $156 million in financing

Berkadia Commercial Mortgage LLC recently worked with Capital Senior Living Corporation in arranging $156.6 million to finance 15 seniors housing properties located in seven states.

It's not too late: Tech Awards deadline extended

It's not too late: Tech Awards deadline extended

The McKnight's Excellence in Technology Awards application deadline has been extended to July 30.

Also in the news for July 1, 2014 . . .

Former assisted living worker used the facility as his "sexual hunting ground," judge states ... Kindred blasts Gentiva's latest move to scuttle hostile takeover ... FDA approves inhaled insulin diabetes treatment

Also in the news for June 24, 2014 . . .

AHCA applauds Senators' push for expanding vets' long-term care options ... RAND releases policy blueprint for better dementia care ... Man pleads guilty in $205M scheme to place assisted living residents in mental health services ... CMS publishes reimbursement rates for additional doc requests

Assisted living worker stole $20,000 by not registering residents, police charge

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An employee at an Alabama assisted living facility stole about $21,000 by diverting checks from off-the-books residents, authorities charge.

STANLEY releases wireless emergency call system

STANLEY releases wireless emergency call system

STANLEY Healthcare showcased its Arial® 9 Wireless Emergency Call solution with built-in wander management capability at the Assisted Living Federation of America Exposition last week in Phoenix.

Alzheimer's caregiving: The new normal

Alzheimer's caregiving: The new normal

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I dealt first with my wife's Alzheimer's as a 24/7 caregiver at home, and now as a part-time caregiver and full-time advocate since her placement in the dementia wing of an assisted living facility in September. One of the many things I have learned through these years is that each new AD decline in behavior and/or skills always leads to a "new normal" period for us.

Nursing homes suffering from reimbursement shifts to home care, market analysis finds

Nursing homes suffering from reimbursement shifts to home care, market analysis finds

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Reimbursement is shifting to home health, hurting the finances of skilled nursing facilities, a newly released market analysis states.

SafetyCare Technologies acquires Avalon Technologies

SafetyCare Technologies has transitioned from independent living into the assisted living market with the acquisition of Avalon Technologies.

Assisted living security guard killed resident, authorities say

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An 83-year-old assisted living resident allegedly was assaulted by a security guard at the Florida facility and subsequently died from his injuries, authorities announced Monday.

McKnight's calls for 2014 Tech Awards submissions

McKnight's calls for 2014 Tech Awards submissions

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The third annual McKnight's Excellence in Technology awards officially is underway, with submissions now being accepted from the realms of skilled nursing, assisted living and continuing care retirement communities.

McKnight's awards open

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The entry period is now open for McKnight's 3rd annual Excellence in Technology program.

Visitor shot and killed on the grounds of an assisted living community in Kansas

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A woman visiting her mother at an assisted living facility in Kansas was gunned down in the parking lot Sunday, in what authorities are describing as a hate crime.

Skilled nursing edges toward 90% occupancy, absorption rate makes first gain in nearly a decade, NIC data shows

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Skilled nursing facilities' occupancy rate continued to tick up in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according to the latest quarterly figures from the National Investment Center for the Seniors Housing & Care Industry.

OIG spends $75M on Medicaid oversight, recommends cost-saving measures

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The Department of Health and Human Services Office of Inspector General spent $75 million on Medicaid oversight during the last fiscal year, a 4% increase over fiscal 2012, according to a new report.

Median cost of a private nursing home room now exceeds $87,000 a year, Genworth survey finds

Median cost of a private nursing home room now exceeds $87,000 a year, Genworth survey finds

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The median annual cost of a private nursing home room in the United States has increased to $87,600, according to the latest annual survey from insurance company Genworth. This represents a 4.4% increase from a year ago.

End-of-life decisions may cause confusion, anger

End-of-life decisions may cause confusion, anger

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When I lived in Baltimore, a stray, mangy cat adopted us. I am not trying to equate my cat with someone's parent, but I was reminded of Minou's last days when reading the dissertation of Mariette Klein on dementia caregivers. Specifically, how hard it can be to know what healthcare decisions to make for a loved one.

Brookdale, Emeritus merger upends status quo, CEO says

Brookdale, Emeritus merger upends status quo, CEO says

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Brookdale Senior Living is poised to become the largest senior living provider in the country, through a $2.8 billion acquisition of Seattle-based Emeritus Corp.

Improving your staff turnover rate in assisted living

Improving your staff turnover rate in assisted living

Assisted living communities have always had high turnover rates - generally attributed to the prevalence of non-professional/low paying jobs. Estimates for staff turnover range from a low of 21% to a whopping 135%, with an average of 42%.

Berkadia arranges loan

Berkadia Commercial Mortgage announced it had arranged a $49.3 million loan through Fannie Mae for a senior living community in Horsham, PA.

MDI Achieve to buy Right Click Software; MatrixCare and Pathway to partner on ICD-10 transition product

MDI Achieve/MatrixCare entered into a definitive agreement to purchase the assets of Right Click Software, which has an integrated marketing, financial and operational platform for assisted living facilities.

Skilled nursing operator to pay $1 million over claims it failed to pay overtime, allow breaks

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Compass Health has agreed to a $1.1 million settlement in a class action lawsuit alleging that the skilled nursing provider did not pay overtime or allow workers to take needed breaks.

60 seconds with ... NIC's Robert Kramer

60 seconds with ... NIC's Robert Kramer

Q: How did senior housing perform in the last quarter of 2013? A: The numbers overall were good, in terms of continued recovery and strength of market fundamentals. In particular, occupancy was up again, with very strong absorption. It's especially strong in independent living, and that's been a trend in the last year or so.

Federal authorities are investigating Emeritus' Medicaid billings, ProPublica reports

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Federal investigators have been looking into Medicaid billing practices at senior living giant Emeritus Corp. for more than a year. Investigative journalism outlet ProPublica first reported the story Thursday, and an Emeritus spokeswoman confirmed to McKnight's that the probe is occurring.

Blockbuster merger will bring Brookdale, Emeritus together, create largest senior living company

Blockbuster merger will bring Brookdale, Emeritus together, create largest senior living company

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Brookdale Senior Living and Emeritus Senior Living will merge through a $2.8 billion deal, in a move that Brookdale CEO T. Andrew Smith said will be "transformative for the industry." The expanded Brookdale will consist of more than 1,100 communities in 46 states, making it the nation's largest senior living company, executives said.

Remembering Philip Seymour Hoffman, long-term care firebrand

Remembering Philip Seymour Hoffman, long-term care firebrand

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When Philip Seymour Hoffman died on Feb. 2, the world lost one of its great actors — and one of the most persuasive voices to speak out about the pitfalls of the changing long-term care system in the United States.

Assisted living residents cannot sue under nursing home law in New Jersey, federal court rules

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A state law to protect nursing home residents cannot be invoked to bring a suit against an assisted living provider, a federal judge recently ruled, reversing his earlier decision.

Salary growth slowed, vacancy rates increased in 2013, assisted living report shows

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Assisted living administrators earned a median salary of $78,000 in 2013, according to the newly released 2013-2104 Assisted Living Salary & Benefits report.

Assisted living owner gets three-year sentence for dementia resident who fell through a hole in the floor

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A man who previously owned an assisted living facility has been sentenced to three years in prison for neglecting a resident who fell through a hole in the floor and now is unable to walk.

Greystone closes on senior housing sector's first-ever Freddie Mac revolving credit facility

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A California long-term care provider has become the first to obtain financing through a new revolving credit facility for senior housing offered by Freddie Mac.

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