George Mason University (GMU), located in Northern Virginia, announced the launch of the nation’s first degree for executives seeking to manage the country’s nearly 50,000 active adult, assisted living, continuing care retirement, and related senior housing communities. As approved by the State Council of Higher Education for Virginia, the new Master of Science in Senior [...]
Today is a new day to start thinking about jobs and your wages…is it worth trying to make more money to pay more taxes? Law of diminishing returns…? Call your politician…but we digress… see below for this week’s personnel moves. E-mail us at movers-shakers@seniorhousingnews.com
State Farm Insurance Cos. announced this month that it is expanding its commitment by $25 million with the National Equity Fund (NEF).The increased capitalization of the fund will help revitalize low-income communities by financing affordable housing for disadvantaged families and seniors. State Farm has joined forces with NEF, a nonprofit syndicator of low-income housing tax [...]
A recent report released by the National Alliance to End Homelessness projects an increase in the number of elderly people experiencing homelessness in the decades to come. The Alliance predicts that the elderly homelessness population will increase by 33 percent by 2020 and more than double by 2050. The report reviews current federal housing and [...]
Royal Philips Electronics (NYSE:PHG) recently announced the introduction of its enhanced medical alert service dubbed Lifeline with AutoAlert. The solution combines the Philips Lifeline medical alert service with automatic fall detection capabilities that allows fall detection if a senior is unable to push the alert button. According to a LifeAlert laboratory study of simulated falls, [...]
Quieres retirar en México? The International Community Foundation has released a study entitled “U.S. Retirement Trends in Mexico’s Coastal Communities: Lifestyle Priorities and Demographics” that interviewed 840 U.S. retirees in coastal areas of Mexico over 50 years of age. Some of the findings of the survey include:
A cat with a sixth sense…about those who are about to depart? Sounds unbelievable, right? The book "Making Rounds With Oscar: The Extraordinary Gift of an Ordinary Cat", written by Dr. David Dosa, chronicles the interactions of Oscar and the residents of a Rhode Island nursing Home. Oscar has accurately predicted almost 50 deaths over [...]
Health Dimensions Group (HDG) recently acquired St. Paul-based Health Service Innovations (HSI) to expand HDG’s presence in the senior-living and post-acute healthcare market. The acquisition broadens its scope of services and now manages and operates 27 health care properties. For more than a decade, HSI has provided high-level management and consulting solutions to nursing homes, [...]
Skilled Healthcare Group, Inc. (NYSE: SKH) announced this week that it has entered into a $360 million term loan and a $100 million revolving credit facility that replace the senior secured term loan and revolving credit facility that were set to mature in June 2012. The new revolving credit facility was undrawn at closing.
