Sunrise posts loss of $70 million in 2007, rethinks growth plans
Aug 07, 2008
Sunrise Senior Living Inc., a major assisted-living player in the United States, lost more than $70 million last year, and disclosed it would reduce the number of units in its development pipeline.
Opposition to Medicare cuts grows in Senate
Jul 29, 2008
Nearly half of the nation’s senators have voiced objections to proposed Medicare cuts of $770 million in fiscal year 2009, according to the American Health Care Association and the Alliance for Quality...
Seniors housing holds strong in weak economy
By
Liza Berger
Jul 22, 2008
It’s a great time to be in seniors housing. I know that must sound pretty naive, given that “great” does not exactly evoke the current state of economic affairs. But considering the broader landscape,...
NIC: Financing in seniors housing falls in first quarter
Jul 22, 2008
The amount of financing placed in seniors housing dropped by a precipitous 60% in the first quarter of 2008, according to data released this month from the National Investment Center for the Seniors Housing...
Sunrise’s Klaassen steps down as CEO
Jul 18, 2008
After more than 25 years at the helm of one of the nation’s largest senior living providers, Paul Klaassen announced Wednesday night he would step down from his role as CEO of Sunrise Senior Living...
Fundamentally sound
Jul 15, 2008
While the nation’s economy may be on shaky ground, market fundamentals remain strong for the seniors housing and care field, according to a new report from the National Investment Center for the...
A sore subject
By
Julie Williamson
Jul 01, 2008
Wound management and prevention, like a wound itself, is a painful subject for many long-term care providers. It often ranks highest among their resident care-related concerns.
Looks do matter
By
Liza Berger
Jul 01, 2008
Some say four. Others say 90. But it is inarguably within the span of precious few seconds that people forge first impressions.
PETA definitely barking up the wrong tree
By
James M. Berklan
Jun 25, 2008
Some people, and their groups, are better at furthering the art of tactless solicitation than others. For the latest case of hoof-in-mouth disease, we only have to look to our friends at People for the...
New MedPAC recommendations ‘right on target,’ Minnix says
Jun 17, 2008
MedPAC’s recent recommendations to revise the payment system for skilled nursing facilities drew praise Monday from the head of the largest nonprofit association for long-term care providers.