Nursing Home CFOs See Biggest Salary Bump in 2014

Among professionals working in the nursing home arena, chief financial officers (CFOs) saw the largest salary raise among all other personnel, according to the latest wage data from Hospital & Healthcare Compensation Service (HCS). The 37th annual edition of the “Nursing Home Salary & Benefits Report” published by HCS in cooperation with LeadingAge, and supported by […]

Nursing Homes Rank as Worst Setting For End-of-Life Care

Reported care experiences are typically worse in the nursing home setting, according to the latest results of a survey by the Centers for Medicare & Medicaid Services (CMS). The Hospice Experience of Care Survey measured experiences of patients and their caregivers in three hospice settings: nursing home (including both skilled and regular nursing facilities), home […]

[Update] HCN Inks $2.3 Billion Deal with HealthLease, Mainstreet

Health Care REIT, Inc. (NYSE: HCN) has agreed to acquire HealthLease Properties REIT (TSE: HLP.UN) in a deal valued at $950 million, and has entered into a partnership with Mainstreet in a transaction that represents a combined potential $2.3 billion investment. The combined deal includes 53 senior housing and health care properties currently owned by […]

Movers & Shakers — People and Positions for August, Part II

Ohio-Based Otterbein Names New Executive Director at Cincinnati Area CCRC Otterbein Senior Lifestyle Choices has named Bill Wexler as the new executive director at its continuing care retirement community (CCRC) in Lebanon, Ohio, part of the Cincinnati metro area.  Wexler had been chief operating officer since last year at Ohio-based Deaconess Long Term Care, which owns […]

Senior Living Readies For Disaster With 5 New Prep Techniques

Hurricanes, tornadoes and other severe weather events can have catastrophic consequences for anyone — but those who live in senior living communities can be especially vulnerable. “Moving someone down the hall can cause great difficulty,” says John Dolan, president and CEO of Health Care Association of New Jersey, noting that many seniors have cognitive and […]

NY Times: Nursing Homes Need Well-Informed Shoppers

For consumers, choosing a nursing home for a loved one shouldn’t be a process validated by trial and error, but one guided by a well-informed shopper, reports The New York Times in a blog post. The second of a two-part column on navigating the nursing home search process, the NY Times article published Monday raises awareness for what […]

In the Pipeline: Senior Housing Construction Projects (7/31/14)

Construction: Planned LCB Senior Living Gains Approval for 84-Unit Project in New Hampshire Norwood, Mass.-based operator and developer LCB Senior Living this week received Planning Board approval to construct its newest project, The Residences at Salem Woods. The 72,000 square-foot, 84-apartment building will include a mix of studio, one-bedroom and two-bedroom apartments, along with a […]

NY Times: Navigating a World of ‘Unthinkable’ Nursing Homes

Though roughly 1.4 million Americans are living in nursing homes today, this segment of senior housing isn’t exactly attractive to the average person, The New York Times writes in a recent article.  In fact, nursing homes have developed a bad reputation as “smelly, indifferent places where people go to die,” according to the article, “Nursing Home […]

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

WoodBine Senior Living Hires New CIO Maryland-based WoodBine Senior Living, LLC has announced that Daryl McCombs has joined the company as a partner and chief investment officer to lead its acquisition, finance and business development functions.  McCombs brings to the position more than 20 years and $2 billion of acquisition and finance experience within the […]