By: Shawn Rader Looking ahead to the brave new world of Boomer assisted living, the question arises: what do Boomers want, and can they pay for it? One recent article in the New York Times …
Keeping Dementia at Bay In Assisted Living Facilities
By: Shawn Rader As many residents of assisted living facilities age in place, their families do not want to see them moved. With the development of Alzheimer’s, of course, a move to another facility is …
Nursing Home Chain Agrees to Pay Record Amount to Settle False Claims Allegations
by Paul Mandelkern Extendicare Health Services, Inc., which operates 146 skilled nursing facilities in eleven states, agreed in October to pay $38 million to the United States and eight states to resolve allegations that it …
Big Deal Monday
Although we didn’t hear of any big deals closing last week, there were two announcements of pending deals that made us take notice: Extendicare has agreed to sell nearly all of its senior housing operations …