The year was 2008, and Presbyterian Homes & Services had a plan for a new mixed-use senior living community. The Minnesota-based senior living provider would develop The Promenade of Wayzata, 14.5 acres of retail, all-ages condos, a hotel and 326 units of assisted living, memory care and skilled nursing. PHS would open the condos and […]
Proposed Medicare cuts to home health will cause an industry “shake-up” as providers are expected to operate under increased payment reductions, reports Crain’s Detroit Business. The resulting impact under the Centers for Medicare & Medicaid Services’ (CMS) proposed rule can lead to many home health agencies either closing their doors or as acquisition opportunities for […]
Construction: Planned Foreign Investment Program Propels Assisted Living Project With the help of a program that recruits foreign investors, Ridgeline Management Group is looking to break ground on a senior living community in Oregon as early as mid-summer, reports the Albany Democrat Herald. The 92-bed assisted living community will be a three-story 72,000-square-foot building on […]
