Archive for December, 2011

Happy New Year from Senior Housing News

Happy New Year from Senior Housing News

With 2012 right around the corner, the Senior Housing News staff will be taking a short break from posting stories as we get ready to ring in the new year. We’d like to thank everyone for your support and readership in 2011, and we hope SHN will remain a top source for all your industry [...]

CMS Launches Home Health Care Initiative for Medicare Patients

Home health care is being made available for up to 10,000 Medicare patients through a health care reform law demonstration that seeks to improve care and lower costs for seniors and people with disabilities, announced the Centers for Medicare & Medicaid Services (CMS). “This program gives new life to the old practice of house calls, [...]

Tribune: Chicago Forges Ahead with Senior Care Construction Projects

Despite the slowness in the real estate market, there is some local activity in seniors housing construction, reports the Chicago Tribune. Two projects, one on Chicago’s north side, and another in a northern suburb, represent a couple different stages on the development spectrum. Exterior construction for The Admiral, a $200 million, 31-story North Side retirement [...]

Senior Care Technology Review: Mobile Data Charting, Telecare, and 2012 Trends

The senior care industry is becoming more and more progressive as it continues to utilize new developments in technology to provide better and more efficient care. Senior Housing News has rounded up some new products and platforms along with an end-of-the-year technology article that wraps up 2011 and lists trends that are worth following in [...]

HHS Warms Low-Income Senior Households With $845 Million Grant

The U.S. Department of Health and Human Services (HHS) released more than $845 million to states on Dec. 22 to help low-income households with their heating and home energy costs, as part of the Low Income Home Energy Assistance Program (LIHEAP). “Even as the economy shows signs of improvement, many Americans are struggling to make [...]

Ziegler Closes a $7 Million Financing Bond for Total Longterm Care, Inc.

Specialty investment bank Ziegler announced on Dec. 12 that it successfully closed a $7 million fixed-rate tax-exempt bond issue for Total Longterm Care, Inc. TLC was formed in December 1989 to establish Colorado’s first Program of All-inclusive Care for the Elderly (PACE), and it began its PACE operations in Denver. Since then, it’s grown from [...]

Top-Ten Senior Housing News Stories of 2011

The senior housing and care industry has experienced its share of ups and downs throughout 2011, from favorable demographic growth and recovering occupancy rates to Medicare cuts and lack of new construction capital. Here’s a list of the most-read stories published on Senior Housing News this past year, in descending order of popularity. #1. August [...]

Ohio Sets the Bar Low for Nursing Home Care Quality Improvement

Ohio legislators are aiming to improve the quality of care provided in state nursing homes through new requirements that will affect the amount of Medicaid reimbursement they receive, but some administrators think the standards are too easy to meet, reports Cincinnati.com. Senate Bill 264, sponsored by state senator Shannon Jones, ties higher reimbursements to 20 new [...]

White House Blasts Plan to Improve Medicare as “Radical”

A recent bipartisan proposal that aims to strengthen the Medicare program was blasted by the White House as “radical,” reports CBS News. The plan, introduced by Representative Paul Ryan (R-Wisc.) and Senator Ron Wyden (D-Ore.), would “end Medicare as we know it for millions of seniors” and would “undermine, rather than strengthen, Medicare,” according to White [...]