Much has been discussed about the pros and cons of the HUD 232 New Construction or Substantial Rehabilitation (sub-rehab) program for the financing of Skilled Nursing and Assisted Living construction. Although challenges do exist, there are certainly ways to make the program work effectively for health care projects. The Advantages While there is no “free […]
A multi-billion dollar federal initiative to move low-income elderly and disabled people from long-term care facilities into the community has fallen far short of its goals, as many states have struggled to cobble together housing and other services. Launched in 2007 during the Bush administration, the states initially projected placing 35,380 Medicaid recipients in the […]
With the shift to electronic health records comes the promise of safe and secure resident and patient records, right? Not necessarily. Protecting personal health information goes beyond new technology and meeting compliance mandates. While new technology and ongoing network health assessments are essential, equally as important is the readiness of clinical staff in adopting new […]
In the current credit environment, financing through the U.S. Department of Housing and Urban Development (HUD) has become a favorite of borrowers. With its low, long-term fixed rates, flexibility, nonrecourse feature and other benefits, HUD is often the best available option for a borrower seeking to refinance or finance new construction or rehabilitation of a […]
In the 1970s and 80s, when they first emerged in large numbers, the Continuing Care Retirement Community (CCRC) product was the most progressive vehicle for caring for older adults as they aged. Residents entered CCRCs able-bodied and independent knowing they could move through the CCRC’s various levels of care—assisted living, memory care, and skilled nursing—as […]
Day in and day out, senior living professionals are asked to interact with possible referral sources. From doctors to social workers to trust officers, these individuals play an integral role in how a senior living facility serves its community. Social workers are a particularly important group because of their importance in assisting clients with major […]
Senior Housing News has covered Accountable Care Organizations (ACOs) and their connection to the skilled nursing industry here (a changing referral model dependent on coordination among post-acute care providers) and here (positioning facilities to partner with hospitals and other networks), and also wrote about several senior housing/care REITs and operators who are looking into ACOs. The […]
A single photo of a resident’s decubitus ulcer on Facebook and/or YouTube is perhaps one of a long term care facility’s worst nightmares. However, an unsolicited posting praising the facility for the outstanding care and treatment of someone’s family member is marketing that facilities cannot buy. Employers cannot ignore social media and its impact on […]
Millions of Americans of all different ethnicities are being affected by the financial crisis that has hit hard in the U.S in recent years, and cultural differences in attitudes toward debt and savings may shed light on the nation’s “retirement crisis,” according to a new retirement study by ING Retirement Research Institute (NYSE:ING). The study […]
The financial crisis that began in 2008 was like a large-magnitude earthquake, its aftershocks can still can be felt today by lenders and borrowers. It dramatically changed funding opportunities for both for-profit and nonprofit senior-living providers. So after this seismic shake-up, what does the financing landscape look like for 2012? For starters, although interest rates […]
Subscribe
Receive industry updates and breaking news from SHN