An assisted living operator is putting the United States Department of Agriculture (USDA) to the test by implementing its senior dietary and wellness program in three of the communities it manages. Bradley, Ill.-based BMA Management has teamed up with Eastern Illinois University (EIU) for a broader implementation of the USDA’s Eat Smart, Live Strong program, […]
Senior Housing Properties Trust Reports Income Gain in Q4, Acquires 11 Properties Senior Housing Properties Trust (NYSE: SNH) reported a net income gain for the quarter ended December 31, 2012 at $44.6 million, or $0.25 per share. Total revenues for the same period was $194.1 million, up 42% from the fourth quarter in 2011. The […]
The Ensign Group, Inc. (NASDAQ: ENSG) reported a net income of $13.5 million, or $0.09 per diluted share, for the fourth quarter ended December 31, 2013. The company also reported fourth quarter revenues were up 9.6% to $211.1 million. For the year, revenues were up 10.1% to %55.7 million. Adjusted earnings per share climbed 27.1% to […]
Healthcare providers are wrestling to reconcile high re-hospitalization rates with health care reform initiatives, prompting senior care providers to consider ways to reduce hospitalization-inducing falls within their communities. Falls can be debilitating for seniors, both physically and emotionally, and can result in injuries that require higher levels of care—including hospitalizations or long-term skilled nursing, both […]
The number of Americans with dementia will increase dramatically in the next 40 years—even higher than previous projections—unless preventative measures are developed, new research predicts. If trends stay current with recent findings, by 2050 the total number of people with Alzheimer’s disease (AD) will reach an estimated 13.8 million, according to a study by the […]
Many state regulatory departments are dealing with cutbacks in licensing staff, and assisted living communities in those states can face difficulty getting licensed or surveyed in a timely and consistent manner. The lack of adequate staffing is preventing some communities from opening their doors or being allowed to provide certain services. In New York and […]
Medicare fraudsters, beware: In their combined efforts to combat healthcare fraud, the Departments of Justice (DOJ) and Health and Human Services (HHS) reported record-breaking recoveries for 2012 and they’re not done cracking down. The government teams recovered $4.2 billion in taxpayer dollars last in the last fiscal year, according to a report by Attorney General […]
Construction: Planned Hiram College Trying to Build University-Based Retirement Community Hiram College, a private academic institution in Northeast Ohio, is trying to build a retirement community on 90 acres just north of campus but is facing some opposition, reports Ohio.com. Plans would include 200 to 225 rental units for those aged 55 and older. Residents […]
As health and wellness are essential components to any senior living community, several tech innovators and entrepreneurs are furthering these ideal elements with a range of gadgets, gizmos and social media tools. Helping them stay connected to friends and family who may not be as near as they once were, one senior living community is […]
Continued progress in the real estate market has reverberated to the 55+ housing sector, possibly signaling sustained growth as the rest of 2013 unfolds. During the fourth quarter of 2012 builder confidence in the 55+ housing market for single-family homes increased 10 points to a level of 28, according to the National Association of Home […]
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