More than 100 people from the greater Silver Spring area who have been helped by Renaissance Gardens at Riderwood’s rehabilitation services are expected to attend the campus’ first Rehab Reunion on Friday, December 10. This event, which will be held from 6 p.m. – 7 p.m. at Renaissance Gardens, is intended to offer a chance [...]
Watercrest at Bryan recently made a donation to Brazos Valley Breast Cancer Support in honor of Breast Cancer Awareness month. Nora Thompson, director of Brazos Valley Breast Cancer Support, received the donation on behalf of the organization. “We are so thankful to the residents and staff at Watercrest for their generous donation,” said Thompson. “The [...]
Metlife Inc. (NYSE:MET) said on Thursday that it was discontinuing the sale of new Long-Term Care Insurance (LTCI) business after an extensive review of its business. The company will stop new applications for LTCI as of December 30, 2010 and will stop new enrollments into existing group and multi-life LTCI plans. The LTCI market has [...]
Sonamba, a new monitoring system by pomdevices, recently made its debut as a next generation personal monitoring device for seniors living independently. The standalone system encompasses an all inclusive home monitoring system that allows interaction between the caregiver and the senior. The systems’s base station operates from a 7 inch LCD display that provides an [...]
Nationwide Health Properties, Inc. (NYSE: NHP) released its operating results this week for the third quarter ended September 30, 2010 that showed revenues of $114 million, up almost 18% from the same period in 2009. NHP’s profit for Q3 was $39.9 million or 31 cents per share and its Funds From Operations (FFO) was 59 [...]
Caregiving is a growing epidemic but a new study shows that caring for veterans presents additional stress above and beyond what is experienced by typical family caregivers. The study, released today by the National Alliance for Caregiving (NAC) and funded by United Health Foundation, finds that family caregivers of veterans face a higher burden of [...]
Holiday Retirement recently awarded three seniors with free rent for life following its national Swing into Spring promotion. All seniors who toured any one of the more than 300 Holiday Retirement communities from April 1, 2010 to June 30, 2010 were entered to win. The winners were Ellen Grunewald, 81, of Salem, Ore., Ethel Kaye, [...]
Hard fiscal choices are looming on the horizon according to the preliminary report released today by the National Commission on Fiscal Responsibility and Reform. The bipartisan commission, established by the White House, set out to examine ways to reduce the federal deficit through spending cuts and took large swings at sacrosanct topics that affect Baby [...]
Assisted Living Concepts Inc. (NYSE:ALC) announced it third quarter financial results that showed net income of $4.6 million in the third quarter of 2010 on revenues of $58.5 million for the quarter. During the same period last year, ALC had net income of $3.4 million on revenues of $57.2 million. During the quarter, the company [...]
