Famous Faces Boost Memory Care Provider’s Video Strategy

It’s right there in Beverly Patnaik’s title. Patnaik is the director of staff training and community education at Nashville-based Abe’s Garden, so it’s no surprise that she is helping her community build a video series that educates caregivers and family members on dementia care. What is surprising is the considerable funding Abe’s Garden has received […]

Bill Gates Personally Invests $100 Million to Fight Dementia

In a pair of $50 million investments announced Monday, billionaire Bill Gates is joining the fight against dementia, with a focus on Alzheimer’s. The first $50 million — which Gates announced on his blog — will go to Dementia Discovery Fund to help “diversify the clinical pipeline and identify new targets for treatment.” The second […]

LTC Tenant Anthem Back on Track After Occupancy Improves

LTC Properties (NYSE: LTC) will stick with its troubled tenant, Anthem Memory Care—at least for now. The Westlake Village, California-based real estate investment trust (REIT) recently signed a forbearance agreement with Anthem, under which it won’t pursue enforcement related to its default through the end of the year so long as Anthem pays a minimum rent […]

Pathway to Living Imports Australia-Based Memory Care Program

Another U.S. senior living provider is drawing on dementia care concepts from abroad.  Chicago-based Pathway to Living announced on Thursday that its new assisted living and memory care community, Aspired Living of Westmont, set to open later this month in Westmont, Illinois, will be the first senior housing community in the U.S. to offer an alternative […]

Movers & Shakers: NHI, Argentum

Bailey Named CEO of Blue Willow Systems Menlo Park, California-based Blue Willow Systems, developers of a software as a service (SaaS) platform designed to detect falls and provide analytics to senior living facilities, has named Bob Bailey as its new CEO. Bailey has served as the company’s chairman of its board of directors. Prior to […]

How Senior Living Costs Can Devastate Middle-Class Americans

Boosting affordability is top of mind for many senior housing providers, as it’s becoming increasingly obvious that many baby boomers will struggle to pay for senior living—even those who are comfortably in the middle class. That’s already the stark reality for 60-year-old Kuna, Idaho, resident Betsy Winkler, according to a report in the Idaho Statesman. Winkler’s husband, 69-year-old David […]

Provider Plans to Scale Dementia Village Concept to 100 Locations

A San Diego-based adult day care provider has announced an ambitious plan to open 100 dementia care centers throughout the country — but only after it opens its first one next spring. Nonprofit Glenner Alzheimer’s Family Centers is partnering with developer Village Holdings to open its first “Town Square” replica city concept at the site of a former […]

Isakson Living Imports Dementia Care Model from the UK

One Georgia-based senior living provider is bucking the traditional American model of senior care by being the first in the U.S. to implement a UK-based care model centered on empathy. Isakson Living has recently opened Park Springs, a resort-style continuing care retirement community (CCRC) located roughly 15 miles northeast of Atlanta in Stone Mountain, Georgia. Not only is the community the first in the […]

Why Standalone Memory Care Providers are Struggling With Occupancy

Some standalone memory care providers are having a rough go of it. Take Lake Oswego, Oregon-based Anthem Memory Care, which is having trouble raising equity and paying its quarterly rent in full to LTC Properties (NYSE: LTC), its real estate investment trust (REIT) landlord. Anthem, for its part, expects to resolve certain staffing and occupancy issues within […]