Demand for senior living has continued to exceed the rate of new community openings in 2024, a trend that could lead to increasingly tight availability for such services down the road. According to the latest NIC MAP Vision occupancy report, released Oct. 3, the occupancy rate across the 31 primary markets that NIC MAP tracks […]
HumanGood has joined the Perennial Consortium, expanding the value-based care initiative to now include the No. 6 largest senior living nonprofit in the U.S. The Duarte, California-based senior living organization joined the group in late August with the purchase of shares previously owned by Christian Living Communities (CLC), which will remain an active participant in […]
Transactions SRG acquires acquires Los Angeles community Senior Resource Group announced on Oct. 1 it acquired Fountainview at Gonda in Playa Vista. The community was previously owned and operated by Los Angeles Jewish Health, according to a press release. Following the acquisition, the community has been renamed to Avocet Playa Vista. Avocet Playa Vista offers […]
Two senior living food service veterans have launched a new culinary services company with a goal of using technology and other practices to change senior living culinary programs for the better. The new company, Restaura Hospitality Group, officially launched Tuesday. Leading its launch is Richard Schenkel, the founder and former CEO of Unidine; and former […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of behavioral health, senior housing, skilled nursing, home health, and hospice care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Emina Krajina, executive director at Friendship Village, […]
Last week, the U.S. Federal Reserve cut interest rates by 50 basis points, lending new cautious optimism for companies looking to grow in 2025. While the bigger impacts of those cuts likely won’t be felt until early next year – and likely not until larger rate cuts down the road – they do offer “psychological […]
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Scientists at the University of Texas Health Center at San Antonio have conducted a new genome study to better determine dementia risk factors and its causes. According to a Sept. 17 press release, the study revealed an overlap between dementia diagnoses with any cause, and those related to vascular issues, according to Dr. Bernard Fongang […]
The University of Minnesota’s School of Public Health has launched a new research center to study and improve the treatment of dementia. The university on Aug. 15 launched the center, called Establishing Mechanisms of Benefit to Reinforce the Alzheimer’s Care Experience (EMBRACE). The university is planning to undertake six research trials on a variety of […]
Memory care operator Abe’s Garden is in the midst of an expansion project that is set to increase its capacity for housing residents and dementia care research. Funding for the expansion comes from a fundraising campaign called “Let’s Grow Together,” which as of Sept. 20 had raised $16.5 million of its $20 million goal. The […]