Capitol Seniors Housing Buys 97-Unit California Property Real estate services firm Cushman & Wakefield recently announced the sale of Fremont Hills, a 97-unit Class A assisted living and memory care community in Fremont, Calif. Capitol Seniors Housing purchased the property for an undisclosed amount and MBK Senior Living will manage it. Cushman & Wakefield arranged […]
Category: Long Term Care
Legislators are looking to standardize post-acute care assessments and payments with a new bill that would make it easier for policymakers and providers to see whether one care setting is more appropriate for a patient than another. After releasing a draft in March, the House Ways and Means and Senate Finance committees have introduced the […]
Reimagining landscape and living spaces are crucial when designing dementia care facilities to not only meet residents’ needs, but better serve their emotional and socialization behaviors as well, a new report by a leading architecture firm and Alzheimer’s Foundation of America (AFA) finds. Perkins Eastman Research Collaborative and AFA teamed up to examine best design practices and […]
Health care providers, including dozens of senior living communities and CCRCs, largely give their employees low marks when it comes to their own health care. As a result, many are starting to implement in-house initiatives to improve their outcomes, with CCRCs largely leading that charge. Among senior living providers, CCRCs are more likely to have […]
While many senior living operators work together with hospital systems on a resident referral basis, one provider is taking the relationship a step further by bringing some hospital services on site through a collaboration that is three years in the making. St. Paul, Minnesota-based Presbyterian Homes & Services (PHS) is preparing to develop a new […]
Transaction activity in the long-term care space continued at a red-hot pace in the first quarter of 2014, up more than 36% from last year, according to an Irving Levin report on M&A in the health care industry. Deal volume for the nine health care services sectors tracked in The Health Care M&A Report, released in […]
With increasing regulatory pressures and focus on quality care metrics, more than 100 skilled nursing facilities (SNFs) have turned to a new model of care to help them adapt their operations. Now with several years of history under way, providers are starting to say with confidence that the “Green House” model also nets savings in […]
The long-term care insurance business has experienced ups and downs of late—and it’s still in a state of flux, writes columnist Elizabeth O’Brien in her Retire Well column on MarketWatch. But, given that the vast majority of Americans don’t have long term care insurance and many have saved on average, less than $25,000 for their […]
Long-term care is expensive across the country, but some states—particularly those on the East Coast—have much higher median costs than others, as demonstrated by Genworth’s 2014 Cost of Care Survey. Nearly half of the states have a higher median annual cost for care in a single-occupancy assisted living unit than the U.S. median of $42,000. […]
Consumers have more choices for long-term care than ever before, says Genworth in its latest Cost of Care report, but those options come with a price tag that keeps getting bigger. Out of those options, which encompass home care and home health services, adult day care, and skilled nursing, assisted living costs have grown the […]
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