Lancaster Pollard Expands Senior Living Finance Options

After years providing financing options to senior living clients nationwide, Columbus, Ohio-based finance company Lancaster Pollard is making a major push to build its product base and balance sheet loan offerings.  Its balance sheet products will now include construction and term financing, mezzanine and preferred equity products. The company is targeting expansion of financing options […]

America’s Retirement Crisis is a Clear and Present Danger

A number of economic factors have stacked the odds against the abilities of today’s seniors to retire comfortably and successfully, all of which are bubbling to a new crisis in the making for both current and future retirees, suggests new research spotlighted in The Economist. As more Americans near retirement age and grapple with saving […]

Readmissions Penalties Grow Higher for 2,600 Hospitals Fined

More than 2,600 hospitals across the U.S. are being fined under Medicare for having too many patients return within 30 days of discharge. While readmissions rates are dropping year over year, the penalty count, the third round of which the Centers for Medicare and Medicaid services has conducted since the readmissions reductions efforts began in […]

Movers & Shakers — People and Positions for September, Part III

Mainstreet Names 5 New Staff Members to Join Growing Team Carmel, Indiana-based Mainstreet, the nation’s largest developer of post-acute health care properties, has announced five new members will join its team. Michael Klingl has joined Mainstreet as a development director. Klingl most recently worked for GreenbergFarrow in Chicago, where he served as a senior development manager for more […]

HHS Launches New Aging Brain Health, Alzheimer’s Guide

The Department of Health and Human Services (HHS) has issued a new set of materials to engage older adults and senior living personnel in learning about brain health, particularly how brain health is affected as people age. The Brain Health Resource includes the basics about Alzheimer’s disease and managing possible risk factors.  “Although no activity or […]

Forbes: New Models Give Rise to Senior Housing Alternatives

Reimagining what a community looks like and applying technology to meet home health care needs can help seniors stay in their homes for longer, according to The National Aging in Place Council (NAIPC), Forbes reports.  While 90% of adults over 65 want to stay in their homes, many end up moving into senior living communities, Forbes says, citing […]

Most Popular News of the Week: Immigration Program Funds Senior Living Projects

In case you missed it…here are the top five headlines grabbing SHN readers’ attention this week: EB-5 Funding Booms for Senior Living Development—The Immigrant Investor Program is gaining steam as a growing source of funding for senior living developers, some of which include Omega Communities and RockBridge Senior Living. Brookdale to Change Community Names Under […]

CMS Ramps Up Nursing Home Quality Control Program

The Centers for Medicare & Medicaid Services (CMS) is ramping up a program that focuses on nursing homes with serious quality issues after a sequester-induced reduction, the Department of Health & Human Services announced in a recent memo. Effective in April, CMS adjusted the number of designated slots and facility candidates so states can resume selecting […]