The financial, health and well-being incentives of continued employment could provide seniors greater independence as well as retirement reassurance, suggests a recent study by Boston College finding that more are relying on income from employment than from investments. Despite current retirement security concerns, seniors have seen their income almost double in the past twenty years, according […]
Ecumen, a non-profit senior housing and services provider, has announced it has received a $3 million grant from the Margaret A. Cargill Foundation meant to support the development of a model to improve senior care in rural settings. The grant will enable Ecumen to transform Ecumen Detroit Lakes, a longstanding nursing home in rural Becker County, Minnesota, into a […]
As energy prices fluctuate and the cost of living rises, the appeal of green design has the potential to attract a wide range of retirees looking for sustainability, especially in a housing market crawling its way to recovery. Some say go green or bust, claiming that features from green roofs to water-saving faucets are essential […]
Originations among health care companies continue showing signs of growth during as a recent survey reports modest increases on quarterly and yearly basis. Health care loan originations detracted from the fourth quarter’s 49% rise in multifamily/commercial originations, falling 26% compared to the fourth quarter of 2011, according to a survey from the Mortgage Bankers Association (MBA). However, […]
House calls are making a comeback with a revamped, modernized model initiated by hospital healthcare providers looking for ways to prevent rehospitalizations and avoid Medicare reimbursement penalties. The latest in the ongoing efforts to reduce re-hospitalizations, the Wall Street Journal (WSJ) reports that providers are sending teams of doctors, nurses, physician assistants and pharmacists to […]
Although it’s become expected for “empty nesters” to downsize around the time they retire, it’s not necessarily the most economic way to increase retirement savings, according to personal finance resource GoBankingRates.com (GBR). While the assumption of downsizing is thought to reduce overall living costs, GBR encourages prospective retirees to first do the math, because they […]
Seniors requiring long-term care would have to wait at least 100 years before getting a bed in an elderly care home in Beijing, reports an article from The Star Online. There are currently 10,000 seniors waiting to enter the Beijing No. 1 Social Welfare House and the list keeps growing. It’s not the building or […]
As policy makers and institutions clamor for a way to increase quality of care during these transitional phases, one study suggest that improving nurses’ work environments and staffing may be effective in preventing readmissions. Nurse staffing levels and work environment were found to have a significant impact among Medicare patients readmitted for various heart […]
Following a November report from the Office of the Inspector General (OIG) revealing a $1.5 billion Medicare over-billiing by skilled nursing facilities, it turns out that for-profit providers are more prone to overcharge for unnecessary treatment than nonprofits, according to a recent article published by Bloomberg Businessweek. Claims from for-profit homes that were deemed unsuitable for […]
Improvements in home remodeling activity last year look to continue well into 2013, suggesting that recovery might already be underway, according to the Leading Indicator of Remodeling Activity (LIRA). A product of the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, LIRA projects homeowner improvement spending will continue on its […]