According to a new poll by the National Council on Aging (NCOA), most seniors are confused and unaware to important aspects of health reform, or the Affordable Care Act, including its impact on their own Medicare coverage, the growth of Medicare, and the budget deficit. The survey asked adults 65 and older a series of [...]
Five Star Quality Care, Inc. (NYSE Amex: FVE) announced its financial results this week for the quarter and six months ended June 30, 2010 that showed total revenues for the second quarter of 2010 increased 5.7% to $311.9 million from $295.0 million for the same period last year. FVE’s net income for Q2 2010 was [...]
End of July is already here…how the summer flies. See this week’s high flyers on Movers and Shakers…let us know about the VIP’s on your staff, community and world. Send us the details at movers-shakers@seniorhousingnews.com
On Thursday, July 29, 2010, Presbyterian Villages of Michigan (PVM) Village of East Harbor senior living community welcomed more than 300 residents, family members, community members and donors to celebrate the Grand Opening and Dedication of the Karl and Frieda Kleemann Chapel. Led by volunteer and resident Waneta Hawes, the $1.6 million facility was funded [...]
AgeSong, a locally managed, privately owned group of senior living communities with an integrative approach to care, has partnered with Barnes and Noble to create a collection of poetry and prose written by elders. Through this California-wide writing contest, a panel of judges will identify 365 works to be published in a first-of-its kind book [...]
Residents of Sherwood Oaks announced the awards of scholarship money to employees showing dedication to the pursuit of degrees in diverse disciplines at college, vocational school, or an accredited training program. Sherwood Oaks employees are eligible for scholarship grants after completing one year of continuous employment service. Eligible employees must complete an application and provide [...]
Referrals are the best source of business and nursing homes are no different. The 2009 National Survey of Consumer and Workforce Satisfaction in Nursing Homes, recently released by My Innerview, shows a majority (85%) of consumers (residents and their families) report their willingness to recommend their facility as either “excellent” or “good.” Sixty-eight percent (68%) [...]
The Center for Technology and Aging recently announced that five organizations will receive grants for remote patient monitoring (RPM) technology projects that will demonstrate how RPM improves the quality and efficiency of chronic disease management and post-acute care of older adults. The Center’s RPM initiative goals are to demonstrate that the technologies involved can reduce [...]
Sun Healthcare Group, Inc. (NASDAQ: SUNH) announced its operating results for the second quarter ended June 30, 2010 that showed an increase in revenues of 1.3% compared to the same period in 2009. The company posted second quarter net income of $9.97 million or $0.22 per share, compared to $10.1 million or $0.23 per share [...]
