Close to 200 Miami-based “assisted living” communities have been accused of skirting property taxes according to a Miami Herald report. Those accused by the Miami-Dade Property Appraisers’ Office issued $1.7 million in tax liens for claiming homestead exemptions when they were not actually entitled to those exemptions, the report states. “Carlos Lopez-Cantera, Miami-Dade’s property appraiser,… Read More »
Assisted Living News From the Times-News (Ida.)—Assisted Living Concepts Community Regains License, Opens Doors “A year after Chaparelle House closed its doors, the assisted living facility received its license back and is reopening. In April 2012, the Idaho Department of Health and Welfare revoked the license for the Twin Falls assisted living facility, which forced 18… Read More »
A bill that would reform laws regarding assisted living communities in Florida failed to pass through the state’s legislature last week after passing in the state Senate but never gaining support from the state’s house of representatives. The bill, SB 646, was passed by Florida’s senate in April by a unanimous vote of support, despite… Read More »
Ensign Acquires Three Senior Living & Care Communities The Ensign Group, Inc. (Nasdaq: ENSG) announced today that it has acquired three senior care properties—an assisted living community and two skilled nursing facilities. Cascade Plaza, a 90-unit assisted living community in Redmond, Washington and its sister facility Cascade Vista, 110-bed skilled nursing center will both be… Read More »
Even though the number of senior care options has expanded in the past couple decades as different models have developed and evolved, consumer trends have stayed much the same with some small adjustments following the Great Recession. The Google Trends chart below shows consumer interest in five search terms between January 2004 and April 2013, where purple… Read More »
Assisted living communities have long struggled with being classified along with other types of institutional-type buildings such as hospitals and nursing homes. Under national building and fire safety codes, this has led to costly and sometimes unnecessary building features to adhere with codes that are not specifically geared toward assisting living resident safety. Until now.… Read More »
Overall, the cost of care among facility-based providers has increased over the last five years, according to the Genworth 2013 Cost of Care Survey. Nationally, the average price for assisted living care was $41,400, according to Genworth’s findings, while the average cost for nursing home care was $83,950. However, assisted living showed the largest rate… Read More »
A bill passed through Florida’s state senate by unanimous vote this week that would require increased regulation of assisted living facilities within the state. The bill, SB 636, provides specifications regarding the oversight of assisted living facilities, including a rating system available to consumers via the Agency for Health Care Administration. The bill was drafted… Read More »
It has only been a few weeks since A Place for Mom launched a senior care review site, but Golden Reviews already believes it can do a better job. Based in Chicago, Ill., and launched by Leo Friedman, the company’s goal is to bring transparency and accountability to the senior care industry through its 110,000 community listings on… Read More »
Senior Care Tech Innovation Shines at TedMed 2013
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
Will Google’s Robo-Cars Drive Senior Independence?
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
“Digital Pills” Could Help Senior Care With More Than Just Meds
The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered.… Read More »
On the Record: Tana Gall, Partner & President of Leisure Care
Tana Gall, president of Seattle-based retirement community management company Leisure Care, made the leap into the senior living industry almost 19 years ago after being lured away from a job in advertising and marketing. Since then, she has used her extensive knowledge of her own company and the industry as a whole as she leads Leisure… Read More »
On the Record: Scott Brinker, EVP of Investments at Health Care REIT
One of 2012′s biggest senior living deals, the $845 million acquisition of Sunrise Senior Living by Health Care REIT, Inc. (NYSE:HCN) in a transaction that spun off the company’s management team and gave Sunrise investors $14.50 per share, was completed two weeks ago but continues to grow as joint venture interests are bought out. The… Read More »
On the Record: Alan Rosenbloom, President of The Alliance for Quality Nursing Home Care
The nursing home industry hasn’t exactly had the easiest of paths for the past fifteen or so years, especially after Congress’s Balanced Budget Act of 1997 attempted to restructure the Medicare reimbursement system and ended up cutting about $16 billion from the program, instead of the originally intended reduction of about $9-10 million. Alan G. Rosenbloom,… Read More »
