MetLife’s Mature Market Institute releases its annual survey of Nursing Home and Assisted Living costs.  The Average rates for a private room in a nursing home remained essentially unchanged nationally from 2007, while semi-private rates increased 1.1%, from $189 daily or $68,985 annually in 2007, to $191 daily or $69,715 annually in 2008, according to […]

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Capital Senior Living Corporation (NYSE:CSU) reported earning of $1.2 million dollars of net income for the fiscal third quarter.   Operating expenses increased by $1.0 million or 4 percent from the third quarter of 2007. As a percentage of resident and healthcare revenues, operating expenses were 63.2 percent. Food costs in the third quarter of 2008 […]

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Serena Senior Care, a leading Assisted Living and health management services company in Baja California Mexico, announces new services that allow American retirees living in Baja to fully enjoy their retirement, giving them peace of mind and quality of life.  The company opened its doors in spring of this year offering high quality assisted living, […]

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Oklahoma ABC affiliate KOCO ran a story recently on the fact that the state of Oklahoma is getting closer to building the nation’s first long-term care facility exclusively for sex offenders.  The story quotes a non-profit organization that states approximately 30 sex offenders are living with other residents causing concern amongst residents and their families.  […]

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Last week, Senior Housing Properties Trust announced its third quarter earnings showing that net income was $29.1 million, or $0.25 per share, for the quarter ended September 30, 2008, compared to net income of $20.6 million, or $0.25 per share, for the quarter ended September 30, 2007.  The results include the gain on sale of […]

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The National Academy of Elder Law Attorneys (NAELA) and SNAPforSeniors® recently announced the launch of the NAELA Senior Housing Locator, an online navigational tool with listings for licensed senior housing communities in the country. This tool will now have access to the NAELA Senior Housing Locator through a link on www.naela.org . The online tool […]

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