Top Senior Housing News of the Week: Senior Care Tech Hot, AT&T Enters Market

| December 13, 2013

In case you missed it, here at the top five stories grabbing Senior Housing News readers’ attention this week:

AT&T Makes Entry Into Senior Care With New Product Launch—The international communications giant is rolling out a monitoring device supported by its national wireless network that is being marketed to senior care businesses including assisted living communities.

New HIPAA Rules a Game Changer for Assisted Living—HIPAA rules that went into effect in September are causing assisted living providers to revisit, refresh and sometimes overhaul their privacy policies and procedures.

CNL Healthcare Acquires 12-Property Senior Living Portfolio for $302 Million—CNL Healthcare closed a $302 million acquisition of 12 senior living properties based in the northwestern United States. Prestige Senior Living and MorningStar Senior Living will operate the properties.

Closing Window of Opportunity for Major Senior Housing Company Sales—Next year’s senior housing acquisition landscape is looking more favorable for company-to-company deals compared to the past year, but time for sellers to arrange big deals is running low, some analysts say.

Top 100 Non-Profit Senior Living Providers Adopt Tech in Droves—The largest non-profit CCRCs are well positioned as early tech adopters, and they are seeing big potential for senior living improvements through new software, devices and electronic records tools.

Written by Elizabeth Ecker


Companies: , , ,

Category: Acquisitions, CCRCs, Non-Profit, Senior Care, Senior Housing, Senior Living, Technology

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