This week, SHN readers delved deeper into the $1 billion acquisition of Trilogy Health Services LLC and learned who topped this year’s list of the largest senior housing owners and operators. Other top stories involved different technologies that help increase senior housing revenue and innovative programs aimed at upping senior living referrals.
Here in the newsroom, we were impressed by the confidence and selflessness that residents at Pleasant Pointe in Ohio displayed as they stripped down to model for a charity calendar.
Largest Senior Housing Owners, Operators of 2015—The American Seniors Housing Association’s annual rankings of the largest senior housing owners in the United States has been released, and Brookdale Senior Living (NYSE: BKD) snagged the No.1 spot. In fact, Brookdale beat out former No. 1, Chicago-based Ventas Inc. (NYSE: VTR).
Inside Trilogy’s $1 Billion Deal—Further information regarding the $1.125 billion deal between Trilogy and Griffin American Healthcare REIT III, along with NorthStar Healthcare Income, Inc. has come to light, including a competing bid from Health Care REIT (NYSE: HCN) and the end of a joint venture between Trilogy and Mainstreet.
3 Must-Have Technologies to Maximize Senior Housing Revenue—Guest contributor Christian Sweetser, vice president of international at HCN, weighed in on three essential technology solutions and their potential to change the landscape of senior housing.
The Cheerleader Effect: Buzzworthy Programs Increase Senior Living Referrals—From a senior cheerleading squad to baseball games with a minor league team’s mascot, senior living providers are becoming increasingly innovative in how they market themselves and portray their residents. We dive into what the buzz these providers are generating in their respective communities has meant for their business and the residents themselves.
Drug May Calm Agitation in Alzheimer’s Patients—An early clinical trial of a drug that combines a cough suppressant with a heart medication suggests that it could be a safer option for calming the agitation that stems from Alzheimer’s disease. In a September issue of the Journal of the American Medical Association, researchers reported that the drug generally eased agitation symptoms over 10 weeks among 220 Alzheimer’s patients and didn’t worsen their memory problems.
For Your Viewing Pleasure
Senior Citizens Stripping Down for Charity Calendar—For the second year in a row, residents of Pleasant Pointe, an assisted living facility in Barberton, Ohio, bared it all for charity. They stripped down to their birthday suits to pose for a calendar in support of the Esther Ryan Shoe Fund, which provides shoes to Barberton students. Check out photos from their shoot here.
Written by Kourtney Liepelt