A nonprofit North Dakota-based senior care provider is currently testing a set of monitoring tools that help seniors age in place, but some are wary the new technology might prove too invasive. The Evangelical Lutheran Good Samaritan Society’s LivingWell@Home technology provides round-the-clock monitoring for seniors living at home, reports an article from The Atlantic. Using […]
While the fiscal cliff may have been averted with the passing of the American Taxpayer Relief Act of 2012 (ATRA), provisions within the deal will further reduce Medicare payments to skilled nursing facilities (SNFs), according to recent findings from Avalere Health in conjunction with the Alliance for Quality Nursing Home Care (AQNHC). Using extrapolated data from […]
With increasing developments in technology designed to help seniors age within the comfort of their own homes, the future for aging in place is not much further away. Soon, seniors will be able to rely on robotic assistance in their daily lives, reports TribLive. High-tech advancements have already made headway into senior care, but one […]
For many seniors, leaving long-time homes to transition into a retirement community can introduce emotional distress as they adapt to new lifestyle changes, but a Gulf Coast developer is attempting to ensure a seamless transition for residents by implementing a hybrid senior living model. A Florida senior living community, Autumn of Sarasota, will introduce the […]
Genworth Financial (NYSE: GNW) saw its stock rating downgraded from “Neutral” to “Underperform” this week in a report from global financial services company Credit Suisse, related to continued uncertainty in the long-term care insurance industry. The downgrade comes following the recent rally in shares reached in late July to early August of more than […]
As the “baby boom” generation approaches retirement, the demand for senior care services will rise and will drive industry revenue, according to a study from Freedonia Group, Inc., a Cleveland-based market research firm. Revenues for senior care services are expected to grow 5.2% annually and reach $319.5 billion through 2016, according to the Freedonia Group’s […]
Demographics, real estate consolidation, and at what types of senior living communities people are receiving care are dominant trends being buzzed about in the healthcare REIT sector in the year ahead. A video on REIT.com features interviews with a few CEOs of well-known industry REITs and what their focus will be on in 2013. Ventas […]
Seniors hospitalized for intensive care illnesses are more likely to become diagnosed with dementia in the years following discharge, according to new research from BioMed Central’s Critical Care. Taking a 5% sample of Medicare beneficiaries over age 65, the study found that dementia was newly diagnosed in 17.8% of the 25,368 patients who received intensive care […]
As demand for in-home care and aging in place continues to grow, senior living industry is looking for ways to expand market reach and boost occupancy, prompting some entrepreneurial providers to develop Continuing Care at Home (CCaH) programs. The “CCRC without walls” model is helping to mold the future of senior care, says CliftonLarsonAllen in […]
Progressive changes to the Affordable Care Act (ACA) slated for 2014 look to benefit baby boomers more so than any other age group, reports USA Today. The recession has victimized boomers the most, USA Today suggests, as retirement “nest egg” funds continue to shrink as health care costs rise, not to mention increases in unemployment […]
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