The Pennsylvania Department of Public Welfare (DPW) is fining and threatening to close an independent living apartment complex over regulatory issues. The complex is part of a CCRC (Continuum of Care Community) that also offers assisted living and skilled nursing services. It’s place in the CCRC is not soothing the ruffled feathers of the DPW bureaucracy. … Continue reading
Last week the New York State Legislature passed a bill that would allow assisted living homes to keep residents who previously qualified for nursing homes. Buffalo’s Business Journal thinks this is good news. Is it really? The bill says residents can age in place in their current communities. It would allow assisted living homes to … Continue reading
A group of investors hopes to build a lavish 120 unit assisted living home in Ocoee, FL . They plan to request funding from the Ocoee City Commission on June 18th in the form of tax-exempt bonds. Up to $35 million. Why is this newsworthy? Two of the principals have direct connections to the professional … Continue reading
A psychology professor’s research reports that 60% of seniors play video games at least occasionally. The N.C. State University teacher’s findings about the wide use of video games among seniors will likely lead more assisted living communities to include them in their offerings. The seniors recruited for the study came from senior centers, senior living centers and religious centers. … Continue reading
This webinar from RetirementHomes.com explains why occupancy rates in Senior Housing (Assisted Living, CCRC, Skilled Nursing Homes) will decline in the next 10 years and why competition between providers will get even more intense! Live births hit an all-time low between the years 1925-45 (5:35). The average age of an assisted living resident is 87 (born … Continue reading
Developers of assisted living communities face a significant hurdle whenever the local planning commission challenges their projects. The planning board is a political entity; its members are either elected or appointed and as such they often respond to public pressure. If a proposed project attracts vocal opponents, developers will need to make alliances that will counter bad … Continue reading
The transcript for this posting comes from Seeking Alpha. The conference call is between the Health Care REIT‘s executive board and investors, discussing 2012 fourth quarter earnings. Health Care REIT bought Sunrise Senior Living last year (as discussed here). Health Care REIT is one of the country’s largest owners of senior housing and also owns … Continue reading
Volunteers are a large component of the workforce in both skilled nursing and assisted living homes. Companies know the value volunteers provide and make opportunities for service widely available. Marketing material for senior care providers usually devote part of their efforts to attracting volunteers and getting them to commit via a link on their webpage, contact … Continue reading
A 93-year-old woman died from hypothermia last week in Wisconsin. Her body was found outside of Four Winds Manor, the assisted living home where she lived. The Wisconsin Dept of Health Services which licenses assisted living and nursing homes is investigating. The administrator of the home declined comment. The Four Winds should treat the death of … Continue reading
Most residents of assisted living communities pay for their housing out-of-pocket. Medicare, the national insurance program, is available to all U.S. citizens when they turn 65. Medicare does not cover room and board or activities of daily living (medication management, help w eating, dressing, etc.). However, Part B of the plan will pay for services (therapies … Continue reading
