Sunrise Senior Living is launching a 12-month trial in some of its U.K. communities, testing a type of dementia therapy that is gaining increasing recognition for effectiveness. The approach, if successful, could be integrated into the company’s memory care practices in the United States as Read More »
Silverado, CareMore Collaboration Brings Medicare Advantage Into Memory Care
In an example of the growing role of Medicare Advantage (MA) in senior living, Silverado is collaborating with insurer CareMore Health. The effort started at Silverado’s Sierra Vista Memory Care community near Los Angeles and has begun expanding to other communities in the last few Read More »
Coming CMS Decisions to Shape Medicare Advantage Opportunities for Senior Living
Several recent policy changes could mean that Medicare Advantage (MA) plans will start to cover more senior living services in the years ahead, but big questions remain as to what these new MA benefits will entail and how they will be introduced. A new report Read More »
LTC CEO: Triple-Net Leases Not ‘Evil,’ Thrive Gets $1.4M Rent Deferment
Despite doing more joint ventures lately, LTC Properties (NYSE: LTC) is still a firm believer in the value of triple-net leases, CEO Wendy Simpson emphasized Thursday on a Q2 2018 earnings call. The topic of triple-net versus RIDEA has been much discussed in recent weeks, Read More »
Asian Conglomerate Keppel Acquires 50% Stake in Watermark for $77 Million
Watermark Retirement Communities, one of the largest senior housing operators in the United States, has a new equity partner to help drive growth in both U.S. and international markets. Keppel Corporation—a Singapore-based company known for building offshore oil rigs—is acquiring a 50% stake in Watermark Read More »
HCP ‘Making Massive Progress’ Reinventing its Senior Housing Portfolio
HCP, Inc. (NYSE: HCP) has set out to reinvent its senior housing portfolio, and company leaders believe that they are “making massive progress.” The Irvine, California-based real estate investment trust (REIT) is currently “remaking [its senior housing portfolio] in a pretty dramatic way,” switching up Read More »
In the Pipeline: Clark’s Expansion Projects, Dominion Breaks Ground in South Carolina
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Clark Retirement Plans to Read More »
Brookdale, Sunrise Share Best Practices for Emergency Evacuations in Senior Living
All senior housing communities hope they will never have to put their emergency evacuation plans into effect, but the unfortunate reality is that natural disasters happen. Recent events from fires to floods across the U.S. have sent some communities reeling in response, but those with Read More »
Sunrise Senior Living to Refund $2.7 Million in Fees to UK Residents
Sunrise Senior Living is set to dole out more than £2 million—roughly $2.7 million in today’s exchange rate—to many residents who reside at its United Kingdom care homes. The UK government’s Competition and Markets Authority (CMA) helped arrange the deal, which applies to all residents Read More »
HCP Unveils 5-Step Plan to Transform Senior Housing Portfolio
HCP, Inc. (NYSE: HCP) is hoping to get away from the “noise of repositioning” and finally start transforming. Addressing its senior housing portfolio is one key part of achieving this transformation, and leaders with the Irvine, California-based health care real estate investment trust (REIT) laid out their Read More »
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