Average per-unit prices in the assisted living market soared 25% in 2014 in the midst of a record-setting favorable combination of vigorous investment activity, abundant capital and low interest rates, a leading market intelligence firm announced Monday.
In today's challenging business environment where providers are expected to do more with less, it's the ideal time to evaluate all of your major cost centers. In the non-payroll category, two of the biggest areas of opportunity are in food and medical supplies. To that end, there are a number of things to be considered when looking for ways to save money for your organization.
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.
By developing a well thought-out plan and starting early, you will ensure your new investment will be beneficial to your residents, your community and your bottom line.
Healthcare providers are considered relatively slow technology adopters, and long-term care operators as a sub-group are believed to be among the slowest. Whether or not that's true, at least you have a cool resource to gauge how you are spreading your tech dollars compared to your peers.
COMS Interactive announced Wednesday it had secured a $21 million investment from Summit Partners, a growth equity firm.
The National Investment Center for the Seniors Housing & Care Industry is holding its tandem housing regional symposium and skilled nursing investment forum Sunday through Tuesday in Boca Raton, FL. Former Health and Human Services Secretary Gov. Tommy Thompson and Dr. Peter Morici, Professor of Business and Public Policy at the University of Maryland, lead the speaker slate. Investors and skilled nursing operators will be able to attend concurrent educational programs on hot issues of the day.
Traditional business models in the skilled nursing care sector are about to undergo massive change, panel predictsMarch 10, 2011
Marketplace and policy changes will place unprecedented pressure on providers to diversify and expand how they do business, according to panelists at a skilled care program in Los Angeles.
A pair of investment and operations forums for long-term care operators and lenders will take place next week at the Hyatt Regency Century Plaza in Los Angeles. "New opportunities, new realities: What's in your playbook" is the title of the regional investment symposium being hosted Monday and Tuesday by the National Investment Center for the Seniors Housing & Care Industry (NIC). "The future of the skilled nursing sector: Strategies for survival & success in fiscal uncertainty" will piggyback Tuesday through Thursday as an investment forum centered on skilled nursing.
Long-term-care facilities are one of the few economic bright spots for real estate investors. The fundamentals of the long-term care market — including the growing population of elderly people, a broader continuum of care and the need to better manage healthcare costs — will continue to positively impact this segment through the next several decades.