Archive for October, 2010

Nursing Home and Assisted Living Rates Rise by Nearly 5% in 2010

Aging in place costs remained flat in 2010 while nursing care and assisted living rose by nearly 5% since 2009.  According to the the Met Life Mature Market Institute 2010 Market Survey of Long-Term Care Costs, the price of home health aides remained in line with prices for 2009 at $21 per hour and adult [...]

Ensign Group See Revenues and Occupancy Up in Q3 2010

The Ensign Group, Inc. (Nasdaq: ENSG) reported its financial and operating results for the third quarter of 2010 that showed strong revenue growth while the company eased back on its acquisitions.  The company cited improvements in both same-store and overall occupancy during the quarter with total revenue up 23.9% to $164.7 million and occupancy at [...]

Illinois Celebrates Groundbreaking for 50 Affordable Senior Apartments

Illinois is getting more funding for the construction of 50 affordable rental homes for low-income seniors for the Cottage Apartments project located in Normal.  Developed by Bluestem Housing Partners NFP, Cottage Apartments will consist of a three-story, 50 unit independent living building serving residents who are over the age of 55. Ten percent of the [...]

Linda Vista Nursing and Rehabilitation Center Earns Culture Change Initiative Grant

Prestige Care has announced that its Linda Vista Nursing and Rehabilitation Center in Ashland, Ore. recently earned a Culture Change Initiative grant from Oregon’s Department of Human Services (DHS).  The matching grant is part of Oregon’s Culture Change Initiative, which seeks to help nursing centers increase focus on individualized care through policy changes that moves [...]

Legacy at Willow Bend’s Feldman Discusses Jewish Senior Living Options in Dallas

Legacy at Willow Bend’s Feldman Discusses Jewish Senior Living Options in Dallas

Eddie Feldman, director of lifecare sales at The Legacy at Willow Bend, recently spoke at Temple Shalom on the options of Jewish senior living in the Dallas area.  Feldman, with many years of senior living experience, shared his knowledge to Dallas Jewish seniors and their families about the options they have in retirement planning. “I [...]

Houston Veteran Remembers D-Day Wounded and the Beaches of Normandy

For Dr. Vernon Knight, now a resident of The Buckingham senior living community, the historic drama of the D-Day invasion isn’t something he learned about from a grainy newsreel. He was there—part of a monumental wave of young men who sought to wrench Nazi-occupied Europe from the grip of Adolf Hitler. Knight’s ship was one [...]

Jane Fonda, Oprah Bond on Aging and Senior Fitness

Aging, senior fitness, the Oprah Effect and Jane Fonda all wrapped into one.  That’s what you got on Oprah’s show earlier this week when Jane Fonda appeared to pitch her Prime Time workout videos.  The videos, set to be released on November 30, are titled “Walkout” and “Fit & Strong”.  At 72, the spry looking [...]

Movers and Shakers: People and Positions For October 29, 2010

Is your home ready for the invasion of Halloween spirits?  Better get ready for those tricker-treaters at your house….one of the scariest parts of Halloween is that Americans eat 24.3 pounds of candy per capita consumption in 2009.  After you’ve had your chocolate fix and figured out you need to buy more candy after eating [...]

Sun Healthcare Group Reports Q3 Numbers, Awaits Separation

Sun Healthcare Group, Inc. (NASDAQ: SUNH) released its operating results for the third quarter ended Sept. 30, 2010 that showed an increase in revenues of 1.1% to $476 million versus Q3 2009.  SUNH reported that its consolidated EBITDAR was $60.6 million for the quarter and that on a normalized basis its diluted earnings per share [...]