Senior living executive settles in $3.9 million SEC fraud case
By
Lois A. Bowers
Jul 12, 2017
A South Carolina businessman has settled with the Securities and Exchange Commission after being charged in January in a $3.9 million fraud case for allegedly diverting investor funds meant to buy or renovate...
McKnight’s 40 for 40: Loren Shook
By
Lois A. Bowers
May 04, 2020
Say “memory care” and the first company to come to mind for many industry professionals is Silverado. And when they think of Silverado, they think of Loren Shook, the man who co-founded the Irvine,...
More news for Friday, Aug. 30
Aug 30, 2019
1 year later: An update on the Welltower-ProMedica partnership … New York Times opinion piece says assisted living is “how not to grow old in America” … Drinking coffee may ease tremors in...
Former CNA pleads guilty to planning sexual assaults of residents
By
Lois A. Bowers
Jun 07, 2016
A former certified nursing assistant at an Illinois assisted living and memory care community faces up to 15 years in prison after pleading guilty to three counts of solicitation to commit aggravated criminal...
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).
Heart disease, cancer, Alzheimer’s top list of older adult death causes
By
Lois A. Bowers
Jul 08, 2019
Heart disease, cancer and Alzheimer’s disease were the three leading causes of death for those aged 85 or more years in 2017, according to a newly released report from the Centers for Disease Control...
Frailty could make older adults more susceptible to dementia
By
Lois A. Bowers
Jan 22, 2019
Older adults who are frail are more susceptible to Alzheimer’s dementia, new research published in The Lancet Neurology journal suggests.
CDC: Those who reach 65 can expect to live almost 20 more years
By
Lois A. Bowers
Jan 29, 2017
Older adults who reach the age of 65 in the United States will live an average of 19.4 years longer, according to a data brief recently released by the Centers for Disease Control and Prevention’s...
Dementia diagnosis has ‘silver lining’ for many
By
Lois A. Bowers
Jul 25, 2016
A diagnosis of dementia or mild cognitive impairment may contain a “silver lining” for those with the disease, according to research presented Monday at the Alzheimer’s Association International...
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...