CCRCs

Guess who's asking whether to discontinue skilled care?

Guess who's asking whether to discontinue skilled care?

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The audience member had a question that in previous years would have been found at the corner of Blasphemy and Crazytalk. She wanted to know whether it would be advisable to drop skilled care from her nonprofit organization's portfolio. Not too long ago, that might have been like Toyota asking if it should make cars without seats.

Per-day rate for skilled nursing hit $280 at mid-year, report says

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Skilled nursing operators and the senior living sector as a whole are benefiting from improving economic conditions and "healthy demand," according to a new report from California-based commercial real estate brokerage Marcus & Millichap.

CCRC investment equality: Fugetaboutit for New York

CCRC investment equality: Fugetaboutit for New York

Earning more than the cost of capital is not unreasonable and can generally be accomplished without taking extraordinary risks, but New York is hamstrung by investment restrictions. Investment returns are important to the financial health of a CCRC and can help minimize fee increases for residents.

Lancaster Pollard closes four financing projects

Lancaster Pollard, a provider of financing solutions for healthcare, senior living and housing organizations in Columbus, OH, recently closed four separate deals.

Ohio Presbyterian Retirement Services acquires facility

Ohio Presbyterian Retirement Services has acquired The Sarah Moore Health Care Center Inc., a 32-bed skilled nursing facility in Delaware, OH.

CCRCs need to check residents' health insurance plans twice a year, expert urges

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Continuing care retirement communities should ask residents about their health plans twice a year, to keep tabs on the increasing number of seniors being shifted into Medicare Advantage, an expert told an audience of long-term care professionals in Chicago Wednesday.

Assisted living continues to grow while SNF stays stable, NIC experts show

Assisted living continues to grow while SNF stays stable, NIC experts show

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Assisted living continues to boom in the seniors housing market, but caution is needed as more units are slated to open in mid-2014, said experts Thursday at the annual meeting of the National Investment Center for the Seniors Housing & Care Industry.

McKnight's Technology Awards will accept entries through July

McKnight's Technology Awards will accept entries through July

The deadline for entering the McKnight's Excellence in Technology Awards has been extended to July 31. The awards are open at no cost to skilled nursing and assisted living operators, and CCRCs. Winners will receive acknowledgement in the print and digital editions of McKnight's.

Occupancy held steady while Medicare gained importance for nursing homes: CDC report

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The occupancy rate for nursing homes was steady at 82% between 2000 and 2011, according to the most recent national health report from the Centers for Disease Control and Prevention. The number of Medicare-certified SNFs increased between 2000 and 2010.

Long-term care operators look to new strategies to protect margins, report says

Long-term care operators look to new strategies to protect margins, report says

Given many states' attempts to rein in Medicaid spending, and ongoing troubles in the housing market, long-term care operators are starting to consider new approaches to protect their margins, according to the "Senior Housing Research Report" from Marcus & Millichap.