- Assisted-living option often explored at families' urging
The number of people living in assisted-living facilities nationwide is approaching I million. Yet, for the most part, people who move into such facilities here hadn't planned on doing so, say elder-care experts. When it comes to taking a look at an assisted-living facility, it's family members such as sons ......
- Lull before the boom
The assisted-living industry has become overbuilt in the Spokane area, spurring stiffer competition and even making Medicaid-covered residents more attractive fincancially, facility administrators here say. Meanwhile, more assisted-living units apparently are on the way. A 30-bed expansion is set to break ground any day at Guardian Angel Homes in Liberty ......
- Long-term care options limited in rural areas
Many Spokane seniors who need longterm care can select from a wide range of choices, from retirement communities to assisted-living centers to adult family homes to skilled-nursing facilities. Their counterparts in rural areas and small towns, however, usually aren't so lucky, retirement industry sources say. Options for long-term care in ......
- Assisted-living facility goes up atClare House
Work has started on a $5.7 million assisted-living facility at the Clare House Retirement Community, on Spokane's South Hill. The project is the third stage of development at the 2-year-old retirement complex, which is located along the Palouse Highway, southeast of a Shopko Stores Inc. outlet. Plans submitted to Spokane ......
- Long-term care providers decry Medicaid rates
Ask long-term health-care advocates and providers what they want from the 2006 session of the Washington Legislature, and the response is consistent and brief. "We want more funding," says Deb Murphy, CEO of the Washington Association of Housing & Services for the Aging, an advocacy group that she says represents ......
- Assisted living facilities create new REIT
niche.
The aging U.S. population and a strong demand for Assisted Living Facilities - a concept receiving new emphasis in retirement living - are converging to create a significant opportunity for real estate investors, according to KPMG Peat Marwick's Real Estate Consulting Group. KPMG Peat Marwick also believes that Assisted Living ......
- Phanstiel Clusters Seniors Communities To Generate Economies of Scale for ARV
Newton, MA?The assisted-living community developers are attempting to separating themselves from an ever-expanding pack as they build their franchise territories along with resident capacity. With seemingly everyone jumping on the assisted-living bandwagon, the strategic approaches seem to number as many as the players.