Selling Sex A La Carte At Nursing Homes?

Dirty old men. They exist but how about indecent proposals from an 85 year old man to a member of a nursing home’s staff? What do you do, chastise the resident or pick up the phone and dial a prostitute? If you’re a nursing home director in Amsterdam, that’s exactly what you do. For Kildegaarden, […]

Senior Housing Funding Study Shows Major Funding Challenges

The National Investment Center for the Seniors Housing & Care Industry (NIC) released a comprehensive study of long-term care financing in the United States last month. The study addresses the combination of public- and private-sector funding that will be needed to pay for the nation’s growing care needs, especially when Baby Boomers reach their 70s […]

Retirement Communities: Institutional Care or Permanent Vacation?

Are we sending mixed messages to the senior community about retirement? For the last 50 years the word retirement has broadly meant “a place of privacy and seclusion and withdrawal from an occupation”. This definition fits the institutional images of nursing homes and severe types of assisted living….do the images of institutional care really sell […]

More State Oversight for Assisted Living Centers?

California’s elected officials are getting involved in supporting greater oversight of assisted living facilities in the state of California while the “Governator” is looking to cut back to fix the state’s budget deficit . The state estimates that about 150,000 people live in the state’s 7,000 long-term residences for elderly or disabled. These facilities offer […]

Can You Really Calculate The Cost Of Long Term Care?

One of the blogs that we follow, Long Term Care Daily, recently posted some links to some long term care calculators that estimated some of the costs for long term care including the average cost based on state (and there are some cities to choose from) and type of care (Nursing home, Assisted Living and […]

Seniors Delay Retirement & Move to Retirement Homes As Nest Eggs Crack

The front page headline of today’s Wall Street Journal proclaims “American’s Delay Retirement As Housing, Stock Swoon“. Senior’s largest net asset as a percentage of net wealth has traditionally and statistically been dominated by home equity. The article profiles one couple’s struggle to sell their $250,000 home after many months and this is after a […]

MedPAC Proposes Negative Change for Efficient Senior Care Providers

The Medicare Payment Advisory Committee is proposing changes to Medicare reimbursement to skilled nursing facilities that could lower payments to those facilities performing high-volume of therapy related services. The report recommends lower payments made by medicare based upon the efficiencies of scale that the Council has stated that any high volume provide should have achieved […]

Senior Housing and Home Care Industry Growth Goes Hand in Hand

The United States Department of Labor is showing two home health care positions as being some of the fast growing occupations in their 2008 hand book. Personal and home care aides (increased 50.6%) and Home health aides (increased 48.7%) were ranked as 2 and 3 in the list of 30 fastest growing occupations. 1. People […]

Senior Housing Unit Prices Rise in 2007

Between rising commodity prices, the increasing cost of capital, the re-pricing of risk and a credit market that is thoroughly in disrepair, a survey showing the average prices for different types of senior housing rising should not be a surprise.  According to results from an analysis by Irving Levin Associates, the average price paid per […]