With Congress back in session this week, federal lawmakers are getting back to work on health care reform and examining how to finance the changes. In a recent survey by the Mellman Group, the study finds that Americans, by significant margins, strongly oppose cutting Medicare-funded nursing home care over other funding options. Underscoring the unpopularity [...]
Samarion, a privately held healthcare technology corporation based in Jackson, Mississippi, recently announced that its enterprise quality improvement system that provides healthcare facilities with prevention technologies, including fall prevention, wandering and elopement prevention and abuse and neglect prevention was installed in the Christwood retirement community in Covington, Louisiana. The SamarionSolution utilizes image analysis software and [...]
CRSA Holdings, Inc. (Cooperative Retirement Services of America), headquartered in Memphis, TN, recently announced that RLS (Retirement Living Services) of Hartford, CT will become part of the CRSA organization. As part of the combination, a new Northeast regional office for CRSA will be opened in East Granby, CT and will be leaded by Avery Rockefeller. [...]
Last week, HCP (NYSE:HCP) announced that a jury reached a verdict in favor of Ventas, Inc., in an action brought against HCP in the United States District Court for the Western District of Kentucky for tortious interference with prospective business advantage in connection with Ventas’s 2007 acquisition of Sunrise Senior Living REIT. The jury awarded [...]
Two San Francisco Bay Area housing non-profits, Suburban Alternatives Land Trust (SALT) and Northbay Family Homes (NFH) are sponsoring an open competition to develop ideas that optimize their site’s potential uses, including ideas that address the need for senior housing in a suburban setting. The Project site is located in the City of Novato, Marin [...]
The Colorado Association of Homes and Services for the Aging (CAHSA) will present “Strategies to Succeed in Today’s Economy” on Thursday, Sept. 10, from 9 a.m. to 3 p.m., at Shalom Park, 14800 E. Belleview Drive, in Aurora. Senior living professionals will learn strategies for succeeding in today’s tough economic times while planning for the [...]
Westmont Living, Inc., a regional provider of independent living, assisted living and memory care services for seniors, has announced it will open its newest full service community for seniors, Westmont of Morgan Hill, in early spring 2010. This latest addition to Westmont’s planned West Coast expansion will feature a variety of apartment styles, including 67 [...]
A new nationwide survey by the Pew Research Center’s Social & Demographic Trends project finds that a majority (54%) of workers ages 65 and older say the main reason they work is that they want to and only 17% say the main reason is that they need the paycheck. The balance of those respondents (27%) [...]
Health Care REIT, Inc. (NYSE:HCN) announced earlier this week that it was going to offer 5,000,000 shares of its common stock and subsequently increased that number to 8,000,000 shares of common stock at $40.40 per share. HCN increased the offering due to strong investor demand and the company estimated that it will receive approximately $323.2 [...]
