The appetite for mergers and acquisitions in the health services sector is healthy, as the volume of deals in the first two quarters of the year are on pace with that of the first half of 2013, a PricewaterhouseCoopers LLP (PwC) report suggests. But some sectors are faring better than others: The managed care and […]
Category: Nursing Homes
A shortage of caregivers for baby boomers, high cost of senior living products and services and lack of disability-equipped housing reveal a seniors housing crisis as the 50-and-over population is projected to increase about 20% by 2030, according to a new report released Tuesday by the Harvard Joint Center for Housing Studies and the AARP Foundation. […]
Maine seniors, along with affordable housing, home care, general contractors and other aging services stakeholders are rallying around a comprehensive package of proposals that aim to strengthen the state’s aging in place resources that go beyond traditional assisted living and nursing homes. Mark Eves (D-North Berwick), speaker of Maine’s House of Representatives, last week unveiled […]
Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Dished: How Five Star is Overhauling Senior Living Dining—Fifteen chefs, four 50-pound sea bass and a celebrity food personality are just a few features going down at an […]
Three bills that would have increased regulatory oversight of assisted living communities in California, along with creating a more detailed consumer database on every licensed facility in the state, have all failed to advance in the state’s Legislature. Of the 16 bills on the table for California’s Senate Appropriations Committee, only two have made it […]
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 […]
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 […]
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 […]
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 […]
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 […]
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