Senior Housing Center
Operators of senior living communities believe that "smart home" technology and wireless connectivity will help to attract residents within the next five years. Other specialty areas predicted to boom include home health services, wellness programs, providing Web-based education and building smaller and/or "green" facilities, according to a new survey of 107 senior living organization in 13 states.
Transaction volumes fell and capitalization rates rose in seniors housing and care in the fourth quarter of last year, according to a new report from the National Investment Center for the Seniors Housing & Care Industry. They are signs of the credit crisis, the organization said.
The House Budget Committee Wednesday agreed to use the budget reconciliation process as a way to pass significant healthcare reform legislation as part of the fiscal year 2010 budget.
DAY 2: Last day of McKnight's Online Expo to feature webcasts on marketplace, and Medicare and MedicaidMarch 26, 2009
President Barack Obama in a press conference Tuesday night argued that the only way to balance the budget is to address the nation's rising healthcare costs. Medicare and Medicaid, the big government payers of long-term care, and the housing market will be the subjects of McKnight's Online Expo on its final day today.
Andy Stern, president of the Service Employees International Union, predicted "real action, really soon" on healthcare reform and union "card-check" legislation, according to a recent interview with USA Today.
A brand of peanut butter is being recalled nationally after an open container tested positive for salmonella bacteria in a Minnesota senior care facility.
The Department of Health and Human Services this week released official guidelines for the reduction of six common hospital acquired infections (HAIs), including methicillin-resistant Staphylococcus aureus and Clostridium difficile.
Federal spending on nursing home and home health accelerated in 2007, even as overall healthcare spending grew at the slowest rate since 1998, according to a new spending report issued today by the Centers for Medicare & Medicaid Services.
John Erickson, founder of Erickson Retirement Communities, a major senior living company, has stepped down from his post as the company's CEO, effective immediately.
State spending is expected to decrease for the first time in 25 years this fiscal year, according to a new report. That could lead to funding cuts in services for the elderly and disabled.
Nursing home operators on Monday will begin receiving advance notice of their first ratings in federal regulators' new "five-star" system, officials said during a conference call Thursday.
Alzheimer's disease and dementia are dramatically underreported as a cause of death for seniors in nursing homes, according to a recently published research paper.
How's this for a Christmas bonus? Employees at a Maryland retirement community will collect more than $435,000 today--from their residents.
Healthcare officials in recent years have projected that the Medicare Part A trust fund would become insolvent by 2019. Now some are saying that the program could run out of money even sooner as a result of the economic downturn.
A burgeoning market for assisted living and senior living facilities in Mexico is drawing retirement-age baby boomers, according to The Dallas Morning News.
Community-based physical activity programs cost effectively reduce instances of heart disease, stroke and other chronic diseases among residents of those communities, according to a recent report from the Centers for Disease Control and Prevention.
McKnight's will offer a free Web seminar this afternoon on brain fitness. Registration for the event is still available at www.mcknights.com.
Good oral hygiene can help prevent pneumonia, a leading cause of death among nursing home residents, according to a recent study.
Times are tough economically, but they're not impossible, said Larry Minnix, president and CEO of the American Association of Homes and Services for the Aging, in an interview with McKnight's on Monday.
The Office of Inspector General has supplemented 2000 compliance program guidance for nursing facilities.
The controversial $700 billion bailout plan signed by the president last week is likely to have a positive effect on long-term care housing, according to an expert from the American Association of Homes and Services for the Aging.
Evacuated nursing home residents from Galveston, Beaumont and Houston, TX, have been wondering when they will go home after Hurricane Ike caused massive damage in and around the coastal areas of the state.
The seniors housing and care sector has made noticeable progress towards developing transparent data, but it still lags behind other real estate classes, according to one of the nation's most renowned real estate experts.
The average skilled nursing occupancy rate held steady, while rates for assisted living and independent living fell noticeably. That is according to the National Investment Center for the Seniors Housing and Care Industry's Market Area Profiles (NIC MAP) statistics released Thursday.
While executives were hobnobbing at the National Investment Center for the Seniors Housing and Care Industry conference Thursday, just across the street seven members of the Service Employees International Union held signs criticizing assisted living provider Atria Senior Living.
The Wesley Enhanced Living Foundation will host "The Aging Revolution II," a conference devoted to aging issues, on September 25 in Philadelphia.
President Bush Wednesday signed into law a housing bill that will help more than 400,000 Americans keep their homes and help to stabilize the turbulent housing market. The legislation also will streamline the financing process for Section 202 housing projects.
The amount of financing placed in seniors housing dropped by a precipitous 60% in the first quarter of 2008, according to data released this month from the National Investment Center for the Seniors Housing and Care Industry. That could lead to an easing up on new development.
Adding a long-term care benefit to the Medicare program would be a favorable way to help address the impending challenges related to the aging baby-boom generation, healthcare experts say in a new Commonwealth Fund/Modern Healthcare survey.
Suspense has been building around passage of a critical Medicare bill and whether the Senate can take such action before the July 4th recess.