Senior housing executives are losing sleep over the universal health insurance coverage provision of the Affordable Care Act (ACA) as they try to predict the eventual costs to their companies. “The ACA is one of those things that’s keeping me up at night,” said Pat Mulloy, CEO of Kentucky-based Elmcroft Senior Living, during a general […]
Benchmark Senior Living
Senior living providers won’t argue with the power of the Internet to drive leads, but most are still wary of interacting with social media. During the National Investment Center (NIC) for the Seniors Housing & Care Industry’s regional event in San Diego, Calif., panelists described their hesitation with using social media channels such as Facebook […]
A defining factor for residents of senior living communities can be the separation from past family and friends. But the online tools made available by communities are changing that by allowing them to stay connected with the outside world using e-mail or tools such as Skype. It’s not without some preparation on the part of […]
With new senior housing and care construction still challenging to finance, investors and operators have a great opportunity to reposition aging stock to meet the demand of future residents, said panelists at the National Investment Center for the Seniors Housing & Care Industry’s National Conference earlier this week. There has been a “dramatic” change in […]
Benchmark Senior Living Gets $50 Million Investment for Recapitalization, Development Wellesley, Mass.-based Benchmark Senior Living has secured a $50 million investment from Och-Ziff Capital Management, according to CoStar.com, for the purpose of recapitalizing existing senior living assets and financing the development of new senior living communities in the New England and Mid-Atlantic regions. Cushman & […]
The assisted living concept has been around for roughly 25 years, but there’s still a struggle to educate policy makers and regulators at the state level about the industry, according to panelists at the Assisted Living Federation of America’s annual event held last week in Dallas, Tex. “The biggest barrier is a lack of understanding […]
When designing new (or renovating existing) senior housing projects, there needs to be an emphasis on the ability to transition or convert between different kinds of care units, a panel of senior living industry executives agreed at a session during ALFA’s Community 2012 event, held last week in Dallas, Tex. “Build with as much flexibility […]
Establishing partnerships between assisted living and other post-acute care providers—particularly rehabilitative services—is essential going forward in the senior living industry, a panel of senior care executives told attendees of ALFA Community 2012 session in Dallas on Wednesday. While there are many different components of the post-acute care continuum, the relationship between rehabilitation and assisted living […]
Happy belated Earth Day…..This installment of Movers and Shakers may not be Platinum LEED certified but it’s as environmentally friendly as that low-emission VOC. Looking for new seeds to plant in your organization? Try our senior housing jobs board where you can post a job for 60 days for $50. For those seeking greener pastures, […]
This is a follow-up to Part 2 of a multi-part series exploring the question, “Will the Nation Go Broke Paying for Senior Housing & Long-Term Care?” Check out parts one and three. While some states are making use of Medicaid waivers to create “affordable” assisted living models, there’s industry consensus that the concept of affordability […]
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