Homes Getting Make Over for Seniors Aging in Place

Last week the Wall Street Journal published a short article entitled “Designing for the Senior Surge” that discussed bathrooms, appliances and other items in the home being redesigned for seniors as they age in their homes. The article addresses three main areas: vision impairment, motor skills and memory loss. The concept of again in place […]

Can You Really Calculate The Cost Of Long Term Care?

One of the blogs that we follow, Long Term Care Daily, recently posted some links to some long term care calculators that estimated some of the costs for long term care including the average cost based on state (and there are some cities to choose from) and type of care (Nursing home, Assisted Living and […]

MedPAC Proposes Negative Change for Efficient Senior Care Providers

The Medicare Payment Advisory Committee is proposing changes to Medicare reimbursement to skilled nursing facilities that could lower payments to those facilities performing high-volume of therapy related services. The report recommends lower payments made by medicare based upon the efficiencies of scale that the Council has stated that any high volume provide should have achieved […]

Pittsburgh Senior Apartment Expansion Project Goes Green

The Longwood at Oakmont, an independent retirement community in the Pittsburgh, PA area, has recently begun construction on the fourth phase of its $70 million dollar expansion project. The next phase called the Grandview at Longwood is a 89-unit apartment building that has been registered to be LEED certified when completed. The project should be […]

Senior Housing: If you build it, will they come?

Did you see the movie “Field of Dreams” with Kevin Kostner? If not you can either read the IMBD entry or understand that a crazy farmer in Iowa with a voice in his head builds a baseball field and baseball players magically begin to show up to practice and play ball on the field. Every […]

Should You Prepare To Wait In Line For Senior Housing?

Remember the days of getting wait listed to attend the university that you were dying to get into? Flash forward 60 years into your future and you’ll come to realize that you’re back on the waiting list…except this time it’s for Senior Housing. With waiting times growing longer for affordable, independent living and assisted living […]

Senior Housing and Home Care Industry Growth Goes Hand in Hand

The United States Department of Labor is showing two home health care positions as being some of the fast growing occupations in their 2008 hand book. Personal and home care aides (increased 50.6%) and Home health aides (increased 48.7%) were ranked as 2 and 3 in the list of 30 fastest growing occupations. 1. People […]

Tax Abatements for Senior Housing A Necessary Incentive?

With the credit crunch hurting developers and tax credit financing deals falling apart all over Wall Street, could the use of tax abatements help provide necessary incentives to developers and tenants of the new or rehabilitated senior housing projects? Could abatements from city, school, and county taxes provide developers enough cushion to make their marginal […]