Operations

HMP successfully auctions off nine senior care facilities

HMP, acting as receiver, partnered with Waller to execute simultaneous successful auctions of Southeast-based senior living facilities, resulting in nearly $27 million recouped for bondholders.

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New memory care day program takes patients back to better times

Called Glenner Town Square, the 8,500-square-foot village includes 13 storefronts surrounding a faux grass-lined park with benches. It’s built inside a light-industrial building with 24-foot ceilings on Main Street.

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New health center with focus on long-term care opens in Dearborn

A grand opening was held March 28 for PACE Southeast Michigan’s new facility in Dearborn.

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Senior housing provider finds success with smart home technology

Experts have called voice technology the future of senior living—and now there’s concrete evidence to support their claim.

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Virginia CCRC implements flexible design to ready for “silver tsunami”

The coming “silver tsunami” is a concept that continues to inspire optimism in the skilled nursing and senior care space, but the health needs of that population are still murky.

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CareTrust, Griffin-American among latest organizations with big financial shifts

This is a roundup of the latest financial news for long-term care facilities, according to Skilled Nursing News. ESI Arranges $7.2M ...

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Second largest nursing home chain to file for bankruptcy

HCR ManorCare will file for Chapter 11 protection in the coming days and transfer ownership to its landlord, Quality Care Properties Inc (QCP.N), the latest sign of distress in the senior housing industry.

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Per-bed price for SNFs dropped at the end of 2017

After a year that saw reports of eye-popping prices for skilled nursing beds, the trend appears to be headed in the opposite direction.

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Pacific northwest care provider to pilot ‘micro CCRC’ with no skilled nursing

Wilsonville, Oregon-based Avamere Family of Companies recently announced it plans to open a “micro CCRC” in St. George, Utah.

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For here or to-go?: Senior living communities and fast casual dining combined

To glimpse the future of dining in senior living communities, one might only need to step inside a Chipotle.

 
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