Small Business Resources, Business Advice and Forms from AllBusiness.com

ASSISTED-LIVING COMPETITION SET TO HEAT UP IN WESTLAKE.

By SANTIAGO, RAQUEL
Publication: Crain's Cleveland Business
Date: Monday, February 22 1999

The Eliza Jennings Group, a nonprofit operator of several local nursing homes, is ready to go up against a for-profit corporation in the long-term care business in Westlake.

Eliza Jennings has teamed up with a developer on a plan to build a $7 million assisted-living center in that western suburb, not far from an assisted-living center opened last month by Marriott International Inc.

"There's going to be intense competition between a number of different players," said Deborah Lewis Hiller, president and chief executive officer for the Eliza Jennings Group. "

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Sizing up assisted living.
    • It's not just a "nursing home without walls" The assisted living industry is rapidly changing in response to resident needs, family expectations and the evolving health care environment. Once characterized as "board and care" homes providing minimal assistance to their residents, assisted living (as generally defined today) provides 24-hour individualized ......
  • ACCREDITATION COMES TO ASSISTED LIVINY.
    • Assisted living has always been an odd mix of real estate and healthcare. As assisted living residents have aged in place, the healthcare component has become increasingly important as a marker of provider quality. Beyond providing good care, though, the provider needs to advertise and market the fact-to show consumers, ......
  • States seek to reduce costs of long-term care; as baby boomers get closer to retirement and state budgets continue to be overwhelmed by increasing Medicaid spending, state lawmakers face difficult decisions...
    • The cost of traditional long-term care, in particular, has become prohibitively burdensome to states, causing state lawmakers to begin looking in earnest for ways to cut long-term care outlays. Long-term care legislation in recent years has focused on cost control by de institutionalizing beneficiaries. Moving seniors from nursing homes to ......
  • Assisted Living: Will Washington Clamp Down?
    • Does Congress want the Health Care Financing Administration (HCFA) to regulate the assisted living industry? Not likely. HCFA has its hands full overseeing the nursing home industry. Does Congress want to appear to be concerned about this burgeoning industry? Based on recent events, the answer is an unequivocal "yes." Senator ......
  • Burman/Engel break ground on $70M East Meadow assisted living facility.
    • Construction has begun on a 120-unit assisted-living facility in a section of East Meadow, Long Island, that has recently become a haven for all types of senior citizen residential development. Just one year after he completed and quickly sold out a showcase 438-unit cooperative housing and recreational community for seniors ......
  • 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 ......
  • Valuation of the health services industry
    • The health services industry is one of the largest industry sectors in the U.S. economy. Insurers and HMOs play a unique role in the American healthcare system in that they pay much of the actual health care bill on behalf of consumers. Traditional insurance plans allow consumers to purchase healthcare ......

Blogs

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.