Radio frequency: It’s not just for tracking packages, evidently, as one memory care provider plans to use this technology to help care for residents and eliminate the need for “policing,” writes a Herald-Tribune article. In other senior care-related technology news, Brookdale Senior Living is rolling out Connected Living’s senior social platform in its communities, while […]
Brookdale Senior Living
Brookdale Senior Living (NYSE:BKD) reported a net loss of $12 million, or $(0.10) per diluted common share, in the third quarter ended Sept. 30, 2012, despite the company’s entrance fee CCRCs producing a record number of independent living sales. “We were pleased with our overall performance in the third quarter,” said Bill Sheriff, Brookdale’s CEO, […]
America’s health system is increasingly moving toward a managed care model that emphasizes cost-effective, quality care and plenty of choice for older adults’ living options, including community-based settings. But some states’ assisted living regulations can be restrictive, worrying providers in those areas about their ability to participate in various healthcare reform initiatives, such as care […]
Health Care REIT’s $845 million acquisition of Sunrise Senior Living at a 60% premium may have opened the door to a whole world of senior living industry-changing acquisition activity, reports Bloomberg, and Emeritus and Brookdale might be next. The takeover of Sunrise Senior Living Inc. at the biggest premium ever paid for an operator of […]
Top executives from several different senior living companies weighed in on a variety of topics ranging from adjusting strategies to accommodate rising acuity levels to thoughts on development versus acquisitions at the National Investment Center for the Seniors Housing & Care Industry’s (NIC) annual national conference, held last week in Chicago, Ill. Here’s a collection […]
It’s been one hot summer for temperatures across the country. The mercury on the senior housing and senior living market keeps rising as can be seen in this installment of Movers & Shakers and the latest news from SHN. Got scorching hot talent joining your team? Send us those staffing announcements at [email protected]. If you don’t […]
In the wake of Sunrise Senior Living (NYSE:SRZ) agreeing to be bought by Health Care REIT (NYSE:HCN), senior living investors are riding a wave of interest in the industry as boosted stock prices reflect favorable occupancy trends and payment rates along with other factors, according to the Tenneseean.com. The senior living industry—including independent living, assisted […]
Here’s a roundup of earnings reports for some senior housing and care providers for the second quarter of 2012. All four companies experienced a growth in revenue, but only two out of four saw their income from operations increase, while two saw their net income decrease in the quarter. Most of the operators reported being […]
Brookdale Senior Living, the nation’s largest provider of senior-related services, has received federal funding through its partnership with the University of North Texas Health Science Center for an initiative to do what many assisted living providers are seeking to accomplish: reduce hospital readmissions and provide a better quality of care for residents. Avoidable rehospitalizations cost […]
While senior living companies have been concerned about how the Affordable Care Act (ACA) will impact them and how they provide health insurance to their workers, they may not realize that the comprehensive reform bill also contains funding for innovative methods of providing care–including for senior living residents. Health care providers can access these opportunities […]
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