Arizona AG asks court to seize control of state’s ‘most notorious assisted living facility’
By
Kimberly Bonvissuto
Mar 26, 2024
Arizona’s top attorney is asking a court to seize control of “the most notorious assisted living facility in Arizona” amidst allegations of elder abuse and consumer fraud.
Deep brain stimulation map of ‘dysfunctome’ could benefit people living with Parkinson’s, study...
By
Aaron Dorman
Feb 28, 2024
Researchers used DBS to create a “human dysfunctome,” a map of the brain’s frontal cortex, and study four diseases including Parkinson’s.
Sagora Senior Living adds 17 communities across 5 states
By
Kathleen Steele Gaivin
Jun 03, 2024
Sagora Senior Living is expanding its multistate footprint with the addition of 17 communities in Alabama, Florida, Nebraska, Oklahoma and Texas.
Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Sonida optimistic for near-term outcomes, with ‘significant momentum’ heading into Q4
By
Kimberly Bonvissuto
Oct 11, 2023
Third-quarter occupancy gains on the heels of finalization of a comprehensive restructuring plan are creating “significant momentum” and optimism for near-term outcomes for Sonida Senior Living heading...
Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
New virtual reality program helps aging veterans re-experience Vietnam settings to find peace, therapy
By
Aaron Dorman
Feb 22, 2024
A new VR program for aging Vietnam veterans will allow them to view scenes and settings from the country in a peaceful, calming context.
A new partnership between technology company Circadia Health and 77 skilled nursing facilities operated by Ciena Healthcare aims to significantly improve preventive care and reduce preventable rehospitalizations.
EHR discrepancies led to extra time and resources spent on already-dead patients, study shows
By
Aaron Dorman
Dec 06, 2023
Due to an issue within state law, some patients in CA listed in EHRs as living with a serious illness actually were dead, according to data.