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Ryan Plans to Introduce Roughly $1 Trillion in Medicare Cuts
By John Yedinak| April 5, 2011Rep. Paul Ryan (R-Wisc.) plans to introduce more than $4 trillion in cuts to federal spending over the next decade, and GOP aids say roughly $1 trillion would come from restructuring Medicare as we know it, as reported by the Wall Street Journal today. Under the Ryan proposal, those who retire after 2021 would no longer […]
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NCOA Launches Video Campaign for Struggling Seniors
By Elizabeth Ecker| April 5, 2011A new National Council on Aging (NCOA) program, One Away, helps to show the real-life situations of many American seniors. Many of those seniors, according to a recent NCOA study, are experiencing economic hardship that leads them to choose between paying for food, housing, utilities, or out-of-pocket for medication costs. More than 13 million live on […]
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Biz Briefs – VI, Skilled Healthcare, TV Ears, Saratoga
By shn_admin| April 4, 2011VI Selected For Awards for Employee Training and Development VI announced that it has recently been named by a number of publications that recognize its human resource development training programs. It has been selected among the top 125 organizations that excel at employee development by Training magazine, while Chief Learning Officer magazine has announced that Vi […]
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Institue on Aging Opens New San Francisco Campus
By Elizabeth Ecker| April 3, 2011Institute on Aging (IOA) announced this week the opening of a new campus that will incorporate services and housing for independent senior living. The new campus, based in San Francisco, is a 50,000 square foot facility that began in the year 2000 and will open the weekend of April 2. “With our new campus, IOA […]
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More than one million 20 minute sessions of Dakim BrainFitness have been completed by more than thousands of seniors said the company in a statement. The award-winning program, which has been clinically tested and shown to improve memory has been installed in more than 450 senior living communities nationwide since its introduction in 2006. “The […]
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The influx of baby boomers reaching retirement age has one senior living developer tackling the question of how it will creatively address the growing demand. Germantown, Maryland-based Asbury Communities, which provides management and support services for a system of continuing care retirement communities, says it is time to get prepared. “With an increase in home […]
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Senior Care Facilities Now Eligible for Energy Star Certification
By John Yedinak| March 28, 2011Senior Care facilities that perform in the top 25% of facilities nationwide for energy efficiency levels set by the EPA are now eligible for the Energy Star certification. Nursing homes (skilled nursing facilities) and assisted living facilities are eligible, but independent senior living communities are not eligible under this definition said Energy Star. However, it is common […]
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National Real Estate Investor is reporting that real estate investment trusts (REITs) are on a buying binge, buying up up nearly $27 billion worth of seniors housing during the last six months Several factors are driving the purchases, led by an improving economy and lower costs of capital. Real estate fundamentals in the industry are also stabilizing, […]
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A study focused on retirement planning risks found that many of today’s seniors are spending more time in retirement than in the years planning for it. The study, titled “The 2009 Risks and Process of Retirement Survey,” was conducted by the Schaumberg, Ill.-based Society of Actuaries, and asked respondents about a number of risks relating to retirement. […]
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A Minneapolis-St. Paul senior cooperative housing development will receive $4.7 million in funding from the AFL-CIO Housing Investment Trust (HIT). The project, to be constructed at Applewood Pointe of Roseville at Langton Lake, will create about 70 union construction jobs and will produce 48 housing units in a four-story building offering residents an array of […]