Seniors decision to remain in their homes and wait out the housing slump has made a big impact on the independent living communities and Roche Associates plans to help senior living facilities overcome occupancy challenges in today’s marketplace during an event in Tampa, Fla. On June 16, 2011, the company will address the two fundamental challenges [...]
Diversified Global Holdings Group (OTCQB: DGHG) completed the acquisition of Banyan Development LLC by purchasing the 48% of the outstanding equity of the development. Banyan Development is an Elder Care management and investment company and is developing a 100 bed Assisted Living Residence offering standard care options, as well as care for Alzheimer’s and other dementia [...]
HCPro and its subsidiary Beacon Health launched consulting divisions to provide customized solutions to meet clients’ most complex educational needs. Clients will receive personalized, hands-on service from HCPro and Beacon Health consultants, who will work with them to achieve efficient, customized solutions in areas such as revenue cycle/case-mix analysis, Medicare compliance, survey preparation and remediation, and [...]
A new report from AARP shows older American’s growing need for services and support to remain living in their homes and communities. The majority of this population receives help exclusively from family caregivers, but others but others pay for services through public programs, out-of-pocket spending, or private insurance. “The primary source of public funding is Medicaid, but [...]
Summer can’t get here fast enough but this week’s Movers and Shakers won’t be basking in the sun too long. Send your staffing announcements to us at movers-shakers@seniorhousingnews.com. Looking for jobs in the senior housing industry? Check out SHN’s job board where you can post your jobs on our national network for $50 for 60 [...]
The U.S. Social Security Trust Funds will be exhausted in 2036, and Medicare HI (hospital insurance) Trust Funds will reach exhaustion in 2024, according to a report released last week by the Social Security and Medicare Board of Trustees. The Social Security projection is one year sooner than previously estimated, and for Medicare the projection [...]
The MetLife Foundation awarded a $350,000 grant to NBC Capital Impact to support the expansion of the Village to Village Network with its partner Beacon Hill Village. “Older adults and Baby Boomers wishing to remain in their homes as they age need to be supported in their communities,” said Dennis White, MetLife Foundation president and [...]
While I’d like to think we’re pretty clever here at SHN, Peter Slatin from Real Capital Analytics came up with one of the best headlines I’ve ever read. Using his column over at Forbes, Slatin writes that REIT Investment Is Viagra for Senior Housing. “REIT M&A activity in the suddenly hot senior housing market has made that [...]
BMA Management announced the opening of Heritage Woods of Belvidere, the first affordable assisted living community located in Boone County, IL. Funding for the $22 million project came from a variety of areas, including the Illinois Housing Development Authority, which provided $10 million in financing form the Federal Stimulus Package. In addition, the community received a loan insured [...]
