The National Center for Assisted Living (NCAL) recently released results of its Performance Measurement Initiative illustrating that many assisted living providers are using a variety of methods to record the quality of care and services being delivered to residents. The Employee Vacancy, Retention, and Turnover (VRT) survey found that the overall retention rate for assisted […]
Category: Assisted Living
Assisted Living Concepts Inc. (NYSE:ALC) announced it third quarter financial results that showed net income of $4.6 million in the third quarter of 2010 on revenues of $58.5 million for the quarter. During the same period last year, ALC had net income of $3.4 million on revenues of $57.2 million. During the quarter, the company […]
As the economy looks for direction, the senior housing industry is seeing occupancy rates unchanged for the third quarter compared to Q2 2010 according to NIC MAP, a service of National Investment Center for the Seniors Housing & Care Industry (NIC). Overall average occupancy for senior housing properties was 87.7% in Q3. The data revealed […]
Sunrise Senior Living (NYSE: SRZ) recently announced a campaign honoring service veterans and to inform them that they may be eligible to receive government benefits that can help with the costs of assisted living. Sunrise will hold events at more than 300 Sunrise communities across the country this Veterans Day on November 11, 2010. The […]
A new beginning started last week for disabled Americans when President Obama signed into law the Twenty-First Century Communications and Video Accessibility Act of 2010. The new law will make it easier for people who are deaf, blind or have low vision to access the Internet, smart phones, television programming and other communications and video […]
Make sure you take time next week to celebrate Grandparents Day being celebrated on September 12 and NCAL’s National Assisted Living Week September 12 – 18. Grandparents day was first officially observed in 1979 after Jimmy Carter signed a presidential proclamation, designating the first Sunday after Labor Day as National Grandparents Day. There are over […]
The U.S. Department of Housing and Urban Development announced $19.5 million in grants last week to help convert existing multifamily projects into assisted living facility for the elderly. The projects, located in Arizona, Maryland, New York and Ohio, will be funded through HUD’s Assisted Living Conversion Program and are awarded on competitive basis. "These grants […]
Are sleep problems a sign of declining quality of life? A study of residents of Assisted Living Facilities (ALFs) in Los Angeles showed that 65% had clinically significant sleeping problems and that poor sleep was associated with declining quality of life and increased depression over a six month follow-up period. The study, published in the […]
Trilogy Health Services announced that it recently celebrated its grand opening of Prairie Lakes Health Campus and The Legacy at Prairie Lakes. Prairie Lakes offers a full continuum of senior living and related health care services including short-term rehabilitation, long-term care, and assisted living, all offered in a homelike setting that features an abundance of […]
Dallas-based real estate developer, The LaSalle Group, Inc. celebrated its official ground breaking on its newest project, Autumn Leaves of Riverstone which is expected to be completed by December 2010. Located in the Missouri City, Texas market, Autumn Leaves of Riverstone will feature 38 units and accommodate approximately 46 residents that will feature assisted living […]