Five new senior living communities planned for the Colorado Springs region—and a recently-opened sixth community—signal a impending development boom following a recession-induced new construction freeze. The city’s inventory of assisted living units will increase by more than 25%, according to an article in The Gazette about the senior living projects, and the developments are mostly […]
Category: Assisted Living
Many state regulatory departments are dealing with cutbacks in licensing staff, and assisted living communities in those states can face difficulty getting licensed or surveyed in a timely and consistent manner. The lack of adequate staffing is preventing some communities from opening their doors or being allowed to provide certain services. In New York and […]
There’s debate about the best model for providing memory care services—either under the same roof as traditional assisted living or by itself in a specialized setting—but ultimately the key is doing a good job of providing a differentiated environment with individualized services depending on care needs. “Having a combined community is fine, because you can […]
The former chief executive officer and chief financial officer of Caremerica Inc. each received 60-month jail sentences and were ordered to pay restitution of more than $4.8 million after pleading guilty to conspiracy to defraud the Internal Revenue Service (IRS), the Department of Justice announced. Ronald E. Burrell and Michael R. Elliott are the former […]
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 […]
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 […]
Here’s a collection of news bites pertaining to the senior housing and long-term care industries, gathered from around the nation. Many of the articles are state-specific, but could eventually have national implications or influence senior care trends. Click the links to access the full article. From Fox News—Hurricane Boosts Assisted Living Census Increase in Northeast […]
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 […]
While many fears may have subsided with the passage of the Fiscal Cliff legislation regarding individual taxes and other issues, fear, uncertainty and doubt remain over what it means to grow old in America—and how to pay for it. Personal fiscal certainty has gained footing, but the future for America’s seniors remains less certain. “I […]
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