Category: Assisted Living

Ascension Forms New Nonprofit Senior Living Giant

Ascension, the nation’s largest nonprofit Catholic health system, has announced it will unite the majority of its senior-focused programs under the national organization Ascension Health Senior Care, creating the second-largest not-for-profit long-term care provider in the country. Ascension Health Senior Care will oversee a total of 5,568 senior care/senior living beds and three PACE (Program… Read More »

In the Pipeline: Senior Housing Construction Projects (7/31/14)

Construction: Planned LCB Senior Living Gains Approval for 84-Unit Project in New Hampshire Norwood, Mass.-based operator and developer LCB Senior Living this week received Planning Board approval to construct its newest project, The Residences at Salem Woods. The 72,000 square-foot, 84-apartment building will include a mix of studio, one-bedroom and two-bedroom apartments, along with a… Read More »

Senior Living Providers Devise New Strategies to Tackle ACOs

In an ever-evolving healthcare landscape that demands higher care quality at lower costs, several senior living providers are engineering various strategies to establish themselves as partners in Accountable Care Organizations (ACOs). Diversified service offerings across the post-acute care continuum, or building near existing hospitals and health systems are just a few practices senior living providers… Read More »

Tech Scam Targets Assisted Living Provider

Federal authorities indicted a Kansas couple last week on charges of stealing more than $1.5 million from Presbyterian Manors of Mid-America (PMMA), a faith-based assisted living provider in Kansas and Missouri.  Augusta, Kan. husband and wife Brent A. Shryock, 43, and Lori A. Shryock, 50, are charged with four counts of mail fraud stemming from… Read More »

Sunrise, LCS, Merrill Gardens Among Newest ALFA Board Members

After months of anticipated changes, the Assisted Living Federation of America (ALFA) has named five new members to its Board of Directors. Joining the senior living trade group’s Board are Tana Gill, president of Seattle-based Merrill Gardens; Ed Kenny, CEO of Des Moines, Iowa-based LCS; Randy Richardson, president of Chicago-based Vi; Patricia Will, president of… Read More »

Senior Living Wander Tech Reduces Staff Response Times

A New England assisted living community has taken a holistic approach in rolling out a new pilot program that uses a campus-wide monitoring technology to track resident location and reduce staff response times the the event of an emergency, reports The Washington Post. Utilizing a real-time locating system from Stanley Black & Decker, Benchmark Senior… Read More »

Movers & Shakers — People and Positions for July, Part III

WoodBine Senior Living Hires New CIO Maryland-based WoodBine Senior Living, LLC has announced that Daryl McCombs has joined the company as a partner and chief investment officer to lead its acquisition, finance and business development functions.  McCombs brings to the position more than 20 years and $2 billion of acquisition and finance experience within the… Read More »

In the Pipeline: Senior Housing Construction Projects (7/24/14)

Construction: Planned Developers Near Construction on $30MM Michigan Senior Living Village Brighton, Mich.-based Unified Property Group is readying a groundbreaking next month on its latest endeavor, a $30 million “senior living village” in Pittsfield Township, Mich., reports MLive. The Pittsfield Township Planning Commission recently approved the final site plans presented by Unified Property Group, which call… Read More »

CNL Healthcare Completes 9-Property Senior Living Portfolio Expansion for $225 Million

CNL Healthcare Properties announced today it has acquired seven senior housing communities in Texas and one in Illinois from developer South Bay Partners, Ltd., for $187.2 million. It is also expanding through a ninth community that will be developed through a joint venture between CNL and South Bay Partners.  CNL Healthcare, an Orlando-based non-traded real… Read More »

Developers See Opportunity as Old Nursing Homes Become Obsolete

The design elements for post-acute care facilities of the 1960s, such as shared rooms and cafeteria-style dining, have become dinosaurs of the industry. In their stead are upscale, hotel-style models that are redefining post-acute care communities, industry experts agree. “The transitional and long-term care facilities of 40 years ago are functionally obsolete,” said Zeke Turner,… Read More »

Senior Living Faces Danger in Lack of Resident Background Checks

Senior living operators are behind the curve on several important standard procedures that have long been deemed the norm in the housing industry, experts say. The growing senior housing space, which many say is still in its infancy relative to other property types, has a lot left to learn from other housing players, including the… Read More »