Economic Trends | Ideas and Discussion | Market Trends | Senior Housing
By: Lana Peck | November 08, 2017
Thumbs up or down? Session audience votes on real life redevelopment projects Let’s say a business opportunity lands on your desk. Maybe it’s an older property that needs some updating but has a great location. Perhaps it’s a newer building with occupancy problems, or a property with any number of other challenges that seem fixable. What would you do? Would you take the risk? What are the factors to consider beyond the obvious ones that could determine success or failure?
Economic Trends | Ideas and Discussion | Market Trends | Senior Housing
By: Lana Peck | October 18, 2017
The 20th annual Ziegler Senior Living Finance + Strategy Conference, held October 4th through 6th in Colorado Springs, focused on trends primarily affecting not-for-profit senior living providers.
Economic Trends | Senior Housing
By: Liz Liberman | October 04, 2017
Shortly following the hurricane that left many in Florida without power and resources for days on end, Florida Gov. Rick Scott issued an executive order requiring nursing homes and assisted living facilities to install backup generators within 60 days of the order. As discussed in the recent NIC blog on the order, the potential for a challenge to the measure could impact the timeline or requirements of the Governor's executive order. While the Florida Health Care Association (FHCA), representing most of the state's nursing homes and which convened to discuss the rule following the announcement, expressed its support for the measure, others object to the requirements. LeadingAge Florida, which represents non-profit nursing homes and other sectors that provide housing and services to seniors in the state, filed a legal challenge against the rule September 26. Florida Argentum and the Florida Assisted Living Association also filed challenges. Following the LeadingAge challenge, Miami city commissioners gave approval of legislation similar to Gov. Scott's executive order. Meanwhile, advocates in Ohio have expressed the need for comparable rules in their own state.
Regulatory Environment | Senior Housing | Skilled Nursing
By: Liz Liberman | September 20, 2017
The tragic deaths of eight nursing home residents in Hollywood, Fla., in the aftermath of Hurricane Irma prompted a number of policy changes. Legislation was introduced requiring seniors housing facilities to have emergency power sources for five days in the event of a power outage. Florida Governor Rick Scott announced an immediate rule requiring similar resources to be implemented at all assisted living and skilled nursing communities in the next 60 days. The Florida Health Care Association, the Florida chapter of the national American Health Care Association that represents nursing homes, is calling an emergency summit this Friday to convene stakeholders and discuss the rule announced by Gov. Scott.