Construction: Planned United Properties Proposes $10 Million Senior Co-Housing Project A proposal for a $10 million senior housing cooperative is generating buzz from the Anoka City Council, ABC Newspapers reports. United Properties expressed interest in establishing one of its Applewood Pointe developments on the corner of Second Avenue and Harrison Street in Anoka, Minnesota. The […]
A Senate bill aims to incentivize the use of remote monitoring technology among health care providers, keeping in mind the importance of aging in place and preventing hospital readmissions. U.S. Senators Amy Klobuchar (D-MN) and John Thune (R-SD) re-introduced the bipartisan Fostering Independence Through Technology (FITT) Act, which would expand the use of telehealth technology […]
Grandparents.com, Inc. (OCTBB: GPCM) announced last weekend its plans to generate revenues through its growing membership base in an attempt to combat “substantial financial challenges.” When the company relaunched its newly-designed website on Sept. 9, 2012, it had just 350,000 members and was projected to reach 1 million by the end of the year. Instead, […]
Mainstreet Property Group announced today that the board of trustees of its affiliated REIT has approved the acquisition of 13 senior housing and care properties. HealthLease Properties Real Estate Investment Trust (TSX: HLP.UN) will acquire properties located in North Carolina, Pennsylvania and Virginia totaling 978 beds for an aggregate purchase price of $141.7 million. The […]
The owner of an Alabama assisted living community whose license was recently suspended following a months-old incident hopes its surveillance system will help get the license back. The Alabama Department of Public Health issued an emergency order on March 18, 2013 to temporarily suspend the license of Sunrise on the Circle, an assisted living community […]
The U.S. only has about five years left to solve its looming long-term care crisis before baby boomers start retiring en masse and stop saving, according to Dr. Bruce Chernof, president and CEO of the SCAN Foundation and recent appointee to the Long-Term Care Commission. As rising costs for long-term care threaten to deplete the […]
A pilot program focusing on transitions between levels of care—including hospitals and skilled nursing facilities—has yielded hugely successful outcomes in reducing rehospitalizations, with the potential of spreading to more post-acute senior care settings. Healthcare reform initiatives have emphasized reducing preventable hospital readmissions, and in October, the Centers for Medicare & Medicaid Services (CMS) began implementing […]
Construction: Planned Senior Housing Group Plans Construction on Minn. Multi-Care Community Saint Therese, a Catholic-based senior care organization, plans to break ground on a new campus in Woodbury, Minn. this fall, the local Patch reports. The community, Bielenberg Gardens, will be located at the southwest corner of Radio Drive and Bailey Road in Woodbury, and […]
Despite declining fatality rates for major diseases, the number of Alzheimer’s disease deaths show no signs of slowing down. While deaths from heart disease, HIV/AIDS and stroke continue to experience significant declines, new data show that Alzheimer’s deaths continue to rise, according to research from the Alzheimer’s Association. The number of deaths related to Alzheimer’s […]
The baby boomer generation may trigger the next housing market crash as soon as 2020, according to an article from The Atlantic Cities, and it could translate to aging in place for a lot of older homeowners whether they want to or not. When downsizing boomers begin selling their homes for more affordable residences, housing […]
Subscribe
Receive industry updates and breaking news from SHN