An intensive therapy regimen involving medication, diet and behavioral changes successfully reversed Alzheimer's-related memory loss in a first-of-its-kind trial, according to findings out of the University of California, Los Angeles.
Broker admits using nursing home residents as pawns in annuities scheme, agrees to $850,000 settlementAugust 04, 2014
The mastermind of a financial fraud that victimized nursing home residents has admitted wrongdoing and will pay $850,000 in a settlement, the Securities and Exchange Commission announced Thursday.
Thorofare Capital has arranged a $9 million short-term loan for a Los Angeles-based healthcare operator to refinance two of its LA-based skilled nursing facilities. The financing was used to fund nearly $300,000 in planned capital improvements for both properties and to retire existing senior secured term loans.
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.
The annual meeting of the American Association of Homes & Services for the Aging will take place Sunday through Wednesday at the Los Angeles Convention Center South. With more than an estimated 6,000 attendees, presenters and exhibitors, it is traditionally the largest meeting of its kind in the United States each year.
Let's face it: Many of us work with pleasant enough people and settings in the long-term care field. But outright fun? It's often hard to find.