Alzheimer’s cure would mean $16B in lost revenues for assisted living
A cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in assisted living annual revenues.
A cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in assisted living annual revenues.
Quite a few skilled care operators tend to look at assisted living as being not quite equal. Many on the skilled side tend to see themselves as being a bit, ahem, more qualified.
You can gain real insights about your future by examining what the competition is up to. Remarkably, there are still some skilled care operators who don’t see assisted living as the competition. For them I have only two words: dementia care.
It’s not too often that I see topics that we cover at McKnight’s spill over into pop culture. Especially not on a brand new, critically acclaimed Netflix comedy series.
Senior living professionals have a new source of daily news, analysis and information from the most trusted media publisher in long-term care. McKnight’s Senior Living (www.McKnightsSeniorLiving.com) is now delivering a daily e-newsletter, the Daily Briefing, to providers who request it. The new website and daily newsletter are separate, sister products to the profession’s most-honored website (mcknights.com) and e-newsletter (McKnight’s Daily Update).
Topanga Park Assisted Living has been acquired by DiNapoli Capital Partners for $23.4 million.
Zenith Capital and Village Concepts will oversee development and financing for an 100-unit assisted living and memory care community in Seattle.
The Kansas woman who authorities say worked with her husband to steal more than $1.2 million from an assisted living company has pleaded guilty to one federal count of mail fraud.
A Parker House Assisted Living will be built in Quincy Village, PA, a Presbyterian Senior Living Community.
LCB Senior Living broke ground last week in New Hampshire on The Residence at Salem Woods. The 84-apartment is scheduled to open in spring 2016.