Group therapy was virtually extinct in the first quarter of 2012 as skilled nursing providers “significantly” changed the mode of patient therapy from group to individual after the Centers for Medicare & Medicaid Services (CMS) revised the RUG reimbursement system, according to a CMS report. Most Medicare patients are in skilled nursing for short-term stays, […]
Category: Data
Senior housing assets that are packaged as a portfolio sell for more than if they were sold on a stand-alone basis, according to a recent survey conducted by Integra Realty Resources. The commercial real estate consulting and valuation firm gathered results from 12 brokers and buyers who responded to a question regarding the presence and […]
The seniors housing sector continues to see recovery, with positive rent growth trends and a slightly higher occupancy in fourth quarter of 2011, although construction activity continued to decline, according to NIC MAP, a data analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC). The average occupancy rate for […]
Equity LifeStyle Properties, Inc. (NYSE:ELS) reported a net loss of $0.2 million, translating to $0.00 per share, available to common stockholders on a fully-diluted basis for the fourth quarter ended Dec. 31, 2011, as the company continues to encounter costs associated with an acquisition made in May 2011. Overall net income for the year was […]
Delayed discharge summaries may play a large role in why so many Medicare patients are rehospitalized after being discharged to nursing homes, according to research published in the Journal of General Internal Medicine. The study, funded by the University of Wisconsin Health Innovation Program and the National Institutes of Health, followed 489 Medicare patients who […]
Where are seniors living and heading to these days? U.S. News lists “The 10 Best Places to Retire in 2012” and also looks into geographic concentrations of the 65 and older crowd. By April 1, 2010, there were 40.3 million people aged 65 and older in the country, and now 10,000 Boomers are turning 65—and […]
The 65+ senior population in the United States has outpaced the growth of all other age groups over the course of the last decade, and Census data released Wednesday indicates that the trend toward an aging America—including for the country’s “oldest old” population—is continuing. The most recent Census data finds that there were 40.3 million […]
There’s a tremendous emerging need for senior housing in India, and its senior living sector is currently at a crossroads as the country figures out how to care for a population that’s living longer than ever before, according to a Jones Lang LaSalle white paper. The 60+ demographic is the “fastest growing demographic segment in the world,” […]
In the next year, Fitch Ratings expects the nonprofit healthcare systems and hospital sector to receive predominantly affirmative ratings, reflecting the industry’s ability to maintain profit margins and mitigate reimbursement fluctuations, according to its 2012 Outlook Report. However, rating or rating outlook changes that do occur in 2012 are more likely to be downgrades rather […]
More than a third of people aged 40 to 75 who are preparing for retirement consider the availability of healthcare options and facilities as “very important” to where they’ll live in retirement, according to Ameriprise Financial’s New Retirement Mindscape 2011 City Pulse index. Choosing where to spend their retirement years depends on several different factors, with […]
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