The Department of Housing and Urban Development is making a strong play to clear its wait list for HUD Lean 232 financing approval and underwriting, a task which has long plagued the senior housing industry in light of a months-long backlog of applications. Finally, it’s starting to look a lot better for those waiting in […]
Tennessee is expanding changes made to its state Medicaid program that allow beneficiaries to receive in-home care rather than moving to nursing care facilities. The program, TennCare, currently serves between 8,500 and 11,000 people and the program aims to increase that number to up to 15,000 this year. “Statewide, we have moved from 17% of […]
Of more than 38,000 assisted living communities across the nation, Caring.com sought to find the best facilities based on popular consumer vote. The site designated 119 communities “Caring Stars” of 2012 in recognition of service excellence, with the results announced this week. Across 24 states, the communities received the designation based on a yearlong compilation […]
Now housing just 29 patients, the Woodlands Hill nursing home campus in its famous Hollywood location has defied odds—and a dwindling patient count—by continuing to offer its services. The Motion Picture and Television Fund’s operators announced three years ago that it would close, but with the help of grassroots organization Saving the Lives of Our […]
The Assisted Living Federation of America this week announced it has partnered with the first-ever senior living association in India. ALFA will work with the new Indian group to develop its senior living program to benefit the country’s consumers, the organization said. “The Indian senior living sector is still in its infancy and is expected […]
The 65+ senior population in the United States has outpaced the growth of all other age groups over the course of the last decade, and Census data released Wednesday indicates that the trend toward an aging America—including for the country’s “oldest old” population—is continuing. The most recent Census data finds that there were 40.3 million […]
In an effort to help older Americans stay in their homes rather than move into long term care facilities, home sharing programs are continuing to help seniors age in place rather than enter long term care facilities such as assisted living communities or continuing care facilities—provided they do not need regular medical care. While home […]
With bank lenders keeping distressed assets on their balance sheets in the wake of a financial crisis that froze credit, some in the senior housing industry are beginning to see an opportunity in those assets. But that doesn’t mean it’s an easy deal to get done. “We’ll go after any kind of turnaround deal that […]
With property values beginning to show a defined bottom in some parts of the country, online real estate guru Zillow took a look at another culprit for having an impact on property desirability: neighbors. As it turns out, senior housing developers may want to avoid building in a certain New Jersey location… Zillow’s annual survey polls […]
The first federal government website devoted to the policies and people of Medicaid launched this week at Medicaid.gov. Launched and managed by the Center for Medicaid and CHIP Services (CMCS), the site also serves as a resource for those who work with the Center’s Children’s Health Insurance Program (CHIP). CMCS has worked to revitalize and […]
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