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Lawmakers Work for CCRCs and ACOs To Get Along

Proposed legislation is gaining traction on Capitol Hill that would allow states to create Accountable Care Organizations (ACOs) for seniors in continuing care retirement communities (CCRCs) with existing Medicare and Medicaid coverage. Congressmen Joe Barton (R-Tex.) and Ralph Hall (R-Tex.) recently signed on as cosponsors of the proposed bill, HR 2376 or the Medicare Residential Care… Read More »

In the Pipeline: Senior Housing Construction Projects (9/18/14)

Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17… Read More »

Provider Sees Big Potential in Reinventing the Senior Living Salon

Provider Sees Big Potential in Reinventing the Senior Living Salon

While many aspects of senior living have made recent strides, from dining services to interior design, one relative newcomer is targeting a specific aspect of senior living that many communities share, but often is not the first target for new resources: the salon. Launched in 2008 through a partnership between two co-founders — John Polatz,… Read More »

Health Care REIT Completes New $1.1 Billion Stock Offering

The latest in a series of power plays from Health Care REIT (NYSE: HCN), the company announced today it has completed its common stock offering valued at $1.1 billion—its second such offering valued over a billion dollars in the past several months.  The net proceeds of the offering, which included 17,825,000 shares at a price… Read More »

Free Webinar: How to Use Resident Surveys to Their Fullest Potential

How can resident satisfaction surveys be used to make better business decisions? Sign up to learn how.  Brought to you by LCS and Senior Housing News, this FREE webinar, Using Resident Satisfaction Surveys to Their Fullest Potential, will detail how your community can better survey your residents, as well as what happens after the data… Read More »

Boomers Look to College Towns to Stay Active, Cut Costs

Baby boomers are continuing to look beyond traditional retirement settings to places that will better suit their active lifestyles in their post-career days, Fox Business writes. And they’re finding them in college towns.  A slowly rebounding economy is helping more retirees view cities as a viable and exciting alternative for their retirement years, previous reports show. … Read More »

$1.5 Billion Research Center Will Be Google’s New Aging Tech Lab

Nearly a year to the date after its launch, Google’s life sciences arm Calico is gearing up to begin developing new technologies for the aging population with the launch of a new partnership that will create a $1.5 billion aging research center.    The Google-backed company, which launched in September 2013, recently announced a research and… Read More »

New Joint Venture Aims to be Best of Multifamily, Senior Living

New Joint Venture Aims to be Best of Multifamily, Senior Living

A recently formed joint venture between an Arizona-based senior living operator and a multi-family housing developer from Michigan plans to bring several new luxury-style communities to the Phoenix metropolitan area in the years to come. Last week, Phoenix-based operator Retirement Community Specialists, Inc. (RCS) announced it would join forces with Investment Property Associates, LLC (IPA),… Read More »

CMS: Medicare ACOs Have Saved $372 Million

With many eyes on Accountable Care Organizations (ACOs) and their role in the future of senior care, the The Centers for Medicare & Medicaid Services (CMS) shed some light Tuesday on the performances of its Pioneer ACOs to date. According to quality and financial performance results compiled by CMS, Medicare ACOs have improved patient care… Read More »

Philly Low-Income LGBT Seniors Housing Sets National Bar

A new Philadelphia-based building that caters to low-income seniors in the lesbian, gay, bisexual and transgender (LGBT) community may soon inspire similar models nationwide. The John C. Anderson apartments, a six-story building that opened recently in Center City, Philadelphia, has attracted residents from across the country, including Florida and New York, The Washington Post reports in… Read More »

Movers & Shakers — People and Positions for September, Part III

Mainstreet Names 5 New Staff Members to Join Growing Team Carmel, Indiana-based Mainstreet, the nation’s largest developer of post-acute health care properties, has announced five new members will join its team. Michael Klingl has joined Mainstreet as a development director. Klingl most recently worked for GreenbergFarrow in Chicago, where he served as a senior development manager for more… Read More »