Posted in January 2013

Falls in the Elderly

Falls in the Elderly

According to the journal American Family Physician: falls are responsible for 70% of all accidental deaths in people over the age of 75 more than 90% of hip fractures are the result of falls, with most of them occurring in people over 70 years of age 1/3 of the elderly living at home and 60% … Continue reading

Does Long-Term Care Insurance Make Sense?

Does Long-Term Care Insurance Make Sense?

Most assisted living facilities contain a financial page on their website, to answer questions about paying for their services. Long-Term Care (LTC) Insurance is usually mentioned as one of a few ways to meet the substantial cost of care. In the last two years, Met Life and Prudential have stopped accepting new customers seeking LTC … Continue reading

Large Senior Care Provider’s Sale – For Lawyers and Finance Geeks Only!

Ventas, Inc. a publicly traded REIT (real estate investment trust)  bought Atria Senior Living, Inc. last month as reported here. No, not http://www.atriaseniorliving.com, the fifth largest assisted living provider in the U.S., which Ventas already bought in May of 2011. Ventas, bought the management team of Atria, from a private equity firm (Lazard Feres Real Estate Investors LLC). The real estate and working capital … Continue reading

Sleep patterns in the elderly

From Web MD  (www.webmd.com): Why Does Grandpa Nap All Day? By the time we reach our senior years, we may have more time for sleep — but once again, we’re not getting it. There’s a general notion that the elderly need less sleep, but that may not be true, says Simpson, who’s just completed a … Continue reading

Assisted Living State Regulatory Review 2012

Assisted Living State Regulatory Review 2012

The National Center for Assisted Living (www.ncal.org) published the initial results of a survey by the federal government of assisted living/residential care units in the United States in Dec 2011. The survey found 37% of residents were receiving help with three or more ADL’s, 42% had Alzheimer’s or other dementias, 39% provided skilled nursing services … Continue reading