Operations
| May 1, 2018
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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| April 25, 2018
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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| April 11, 2018
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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| April 2, 2018
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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| March 16, 2018
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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| March 15, 2018
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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| March 5, 2018
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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| February 23, 2018
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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| February 16, 2018
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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| February 9, 2018
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.