Author Archive: Jason Oliva

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House Calls Cut Medicare Costs 17%, Still in Vogue for Senior Care

A popular arrangement in the past where physicians provided care to patients within the comfort of their own homes, house calls haven’t completely gone out of style just yet, especially given their proven effectiveness in saving money for healthcare providers and federal programs alike, a recent study finds. Researchers with MedStar Washington Hospital Center, a 926-bed teaching and… Read More »

Dallas Developer Doubles Down on Rebrand and New $100 Million Pipeline

Following the launch of its senior living brand last year, a Dallas-developer has big plans for the rest of 2014 and beyond, including a name change and a pipeline of over $100 million in new construction slated for the next year. Formerly known as Caddis Partners, the company rebranded itself last week, updating everything from… Read More »

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing

A popular tourist spot, beachfront real estate and a newly converted resort hotel adds up to what developers say will give luxury senior housing in the U.S. a run for its money south of the border. Those are the ingredients for Front Beach Retirement Mexico, a Mexican development company that sees opportunity in targeting American… Read More »

Most Shared: Sunrise Growth Plans, Apple’s New EHR

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Dished: How Five Star is Overhauling Senior Living Dining—Fifteen chefs, four 50-pound sea bass and a celebrity food personality are just a few features going down at an… Read More »

California Stalls Three Assisted Living Overhaul Bills

Three bills that would have increased regulatory oversight of assisted living communities in California, along with creating a more detailed consumer database on every licensed facility in the state, have all failed to advance in the state’s Legislature.  Of the 16 bills on the table for California’s Senate Appropriations Committee, only two have made it… Read More »

In the Pipeline: Senior Housing Construction Projects (8/21/14)

Construction: Planned Starling Senior Living to Break Ground on Third Fla. Project Jacksonville, Fla.-based Starling Senior Living is gearing up to break ground on its third senior living community in the state come January, the company told SHN in an email. In July, the company successfully rezoned a five-acre parcel located on Amelia Island, Fla.,… Read More »

Nursing Home CFOs See Biggest Salary Bump in 2014

Among professionals working in the nursing home arena, chief financial officers (CFOs) saw the largest salary raise among all other personnel, according to the latest wage data from Hospital & Healthcare Compensation Service (HCS). The 37th annual edition of the “Nursing Home Salary & Benefits Report” published by HCS in cooperation with LeadingAge, and supported by… Read More »

3 Reasons RIDEA Falls Short of Triple-Net Leases

Time is of the essence when it comes to the rate of return realized from RIDEA deals versus triple-net lease transactions for healthcare real estate investment trusts (REITs), according to a recent report from investment research firm Morningstar. The REIT Investment Diversification and Empowerment Act (RIDEA) of 2007 enabled REITs to transform themselves from landlords… Read More »

Genesis, Skilled Healthcare Merger to Create 500-Property SNF Powerhouse

Genesis HealthCare announced today it has signed a definitive agreement to merge with Skilled Healthcare Group, Inc. (NYSE: SKH) in a 100% stock transaction. Once the transaction is complete, the new company will operate under the Genesis HealthCare name and will be traded on the NYSE. The combined entity will operate a total of 449… Read More »

Private Equity Group Taps EB-5 to Fund $750 Million Assisted Living Pipeline

A California-based private equity firm is moving forward with plans to develop $750 million worth of new senior housing construction over the next three years, for which it’s enlisting foreign investors to help fund a portion of the pipeline. Over the next 36 months, PDC Capital Group, a firm based in Costa Mesa, Calif., will… Read More »

In the Pipeline: Senior Housing Construction Projects (8/14/14)

Construction: Planned North Carolina CCRC Gets Initial Go-Ahead for $42 Million Expansion A continuing care retirement community (CCRC) in Winston-Salem, N.C. has received an initial approval from state regulators as it seeks to embark on a $42 million expansion of its existing campus, reports Triad Business Journal. Expansion plans call for the CCRC, Salemtowne, to… Read More »