The U.S. Department of Housing and Urban Development (HUD), after nearly 2 years of studying and revisions, recently published new procedures governing the process for seniors who are counseled for federally insured Home Equity Conversion Mortgages (HECMs). The new procedures provides more detailed information which must be provided ahead of the counseling session, what must [...]
Riderwood residents are participating in this year’s One Maryland One Book project sponsored by the Maryland Humanities Council, and in partnership with the Beltsville Branch of the Prince George’s County Memorial Library System. Residents will read this year’s selected book, Outcasts United: An American Town, A Refugee Team, and One Woman’s Quest to Make a [...]
HomeAid Northern California recently celebrated the dedication of Phase 1 of the Village at Walpert Center in Hayward, California for developmentally disabled seniors. The Alameda county development, which will be fully completed in late summer 2010, will include 5 identical, 3,410 square foot homes with six bedrooms each. The homes, designed by KTGY Group, were [...]
Last week, the Centers for Medicare & Medicaid Services (CMS) announced a number of changes to Medicare home health payments for 2011 that reflect implementation of the Affordable Care Act (ACA). The proposed changes represent a 4.75 percent decrease in Medicare payments to home health agencies (HHAs) for calendar year 2011 which is approximately a [...]
Curious about announcements, what parts of the industry are growing and where are people getting new jobs? Check out this week’s movers and shakers…
CCRCs: Risks Exists But No Federal Regulation Recommended At This Time Continuing Care Retirement Communities (CCRCs) may get more oversight and regulation at a federal level in the future based upon the tone of Wednesday’s Senate Committee on Aging chaired by Herb Kohl. The committee heard testimony at a hearing entitled, "Continuing Care Retirement Communities [...]
The U.S. Government Accountability Office (GAO) released the finding of its report today in conjunction with the Senate Committee on Aging’s hearings entitled "Continuing Care Retirement Communities (CCRCs): Secure Retirement or Risky Investment?". The report identifies key issues associated with the risks of CCRCs but notes that they provide an important role in a consumers [...]
Gentiva Health Services, Inc. (Nasdaq: GTIV) announced its Q2 2010 results that showed increased revenues of 4% compared to the same period in 2009. Gentiva, which announced the acquisition of Odyssey HealthCare in May, plans to issue updated guidance after the closing of the transaction expected in Q3 2010. Preliminary second quarter 2010 financial highlights [...]
The Emerson Wellness and Clark Aquatic Center, located on the campus of the Tacoma Lutheran Retirement Community, announced that it has been certified LEED® Silver by the U.S. Green Building Council (USGBC). The 4,500 square foot, full-service facility includes a swimming pool, spa, lockers, space for weight equipment and exercise classes, and other health and [...]
