In case you missed it…here are the top five headlines grabbing SHN readers’ attention this week:
10 Most Expensive States for Assisted Living—The East Coast plays home to some of the most expensive states for long-term care with the median annual cost topping out at more than $86,000 for a single-occupancy assisted living unit, according to Genworth’s 2014 Cost of Care Survey.
Omega Communities Plans $200M Mega-Church Model Pipeline—The 10 developments Omega Communities currently has planned include “affinity agreements” with a church partner to develop between four to six projects a year.
N.Y. Nursing Home Gets Sued After Hiring Strippers for Residents—The family of a New York nursing home resident sued the community where their loved one resides, following a picture that surfaced showing the 86-year-old slipping dollar bills into the male stripper’s waistband. Her family says that money was supposed to have been stored away in a commissary account.
Oakmont Senior Living Targets Calif. Expansion with 9 New Resort Properties—California-based Oakmont Senior Living has plans to develop a series of resort-style assisted living communities throughout the state between now and next year.
Forbes: Boomers Favor Nontraditional Retirement Living—Co-housing and niche communities are adding to the rising number of nontraditional retirement options appealing to many older adults, a Forbes article reported.
Written by Jason Oliva