Memory care approach cuts antipsychotic med use in more than 50% of residents: study
By
Lois A. Bowers
Nov 18, 2019
A person-centered approach to memory care led to the reduced or discontinued use of off-label antipsychotic medications in more than half of the residents of 53 long-term care communities, including assisted...
‘Replace denial with proposal’ on long-term care, House committee told
By
Lois A. Bowers
Nov 15, 2019
Congress must “replace denial with a detailed, bipartisan legislative proposal on long-term care” to address the needs of a growing older population facing high costs for healthcare and housing, Robert...
Builders, developers remain confident in multifamily 55+ condo market — but less so
By
Lois A. Bowers
Nov 15, 2019
More builders and developers view conditions for multifamily condominium 55+ market as good rather than poor, according to a survey conducted in the third quarter by the National Association of Home Builders....
5 takeaways from Brookdale’s appearance at the Nashville Investment Conference
By
Lois A. Bowers
Nov 14, 2019
Brookdale Senior Living executives shared the company’s efforts to improve move-ins, resident satisfaction and employee retention when they appeared Wednesday at the 2019 Nashville Investment Conference....
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
Omega, Maplewood looking for ‘next big opportunity’ in urban senior living
By
Lois A. Bowers
Nov 07, 2019
With the Inspir Carnegie Hill assisted living and memory care community expected to open early next year in Manhattan, Omega Healthcare Investors and Maplewood Senior Living are “actively looking for...
Allergan subsidiary settles Alzheimer’s drug lawsuit for $750 million
By
Lois A. Bowers
Oct 31, 2019
Subsidiaries of pharmaceutical company Allergan will pay $750 million to resolve a class action lawsuit from a group of direct purchasers of Alzheimer’s drug Namenda (memantine).
Geriatric workforce issues focus of two bills passed by the House
By
Lois A. Bowers
Oct 29, 2019
Bills that would reauthorize the Older Americans Act and improve improve education and training in geriatrics passed in the House of Representatives on Monday. They now move to the Senate for consideration.
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...