Recently passed nursing home reform laws in Illinois will require facilities to increase the number of staff. It’s a requirement many in the nursing home industry are calling a Catch-22.
McKnight’s Newsmaker Videos: New NIC guide offers introduction to seniors housing sector
Sep 29, 2010
Next month, the National Investment Center for the Seniors Housing & Care Industry will release an investment guide that will provide an overview of the seniors housing sector, explains Chuck Harry, research...
Dancing with your stars
By
Bruce VanHorn
Sep 28, 2010
Dancing is a powerful way for older adults to escape physical, mental and emotional challenges, and feel joy. And anyone—even those in wheelchairs—can do it.
RF Technologies names Harwood president
Sep 28, 2010
RF Technologies announced that Mark Harwood will be the company’s new president. Harwood is a former president and CEO of Arjo Inc. He also previously served as a vice president at Baxter International...
New PillStation system to undergo medication-adherence testing
Sep 28, 2010
SentiCare Inc. has received funding for three medication-adherence studies. The firm’s new PillStation system will be tested for its effectiveness among patients with varying health issues. One study...
Assisted living, independent living occupancy rises slightly, new report says
Sep 28, 2010
Occupancy in the assisted living and independent living sectors has leveled off in the past year after steadily declining since the early part of 2007, according to a soon-to-be-released report from the...
Long-term care operators cautiously optimistic about future, capital still scarce, Kramer of NIC says
Sep 24, 2010
The economic downturn has tested long-term care operators and they feel stronger as a result of it, Robert Kramer, president of the National Investment Center for the Seniors Housing & Care Industry, suggested...
Omnicare to pay $21 million in settlement for allegedly overcharging Medicaid
Sep 23, 2010
Nursing home pharmacy provider Omnicare Inc. on Tuesday said that it will pay $21 million to Michigan and Massachusetts to settle a whistleblower lawsuit.
Recession slows cost growth at some long-term care facilities
Sep 21, 2010
There were smaller cost increases at some long-term care facilities from 2008-2010 as a result of the economic recession, according to a new analysis from Prudential Financial Inc., a financial services...
NIC celebrates 20 years with sold-out deal-making conference
Sep 17, 2010
The National Investment Center for the Seniors Housing and Care Industry will open its 20th anniversary conference Wednesday night in Chicago. Considered the premier gathering of deal-making investors...