by Steve Monroe | Oct 7, 2022 4:01 pm | Uncategorized
When Fundamental Advisors and Senior Care Development, together with the manager Life Care Services, purchased The Clare in downtown Chicago out of bankruptcy in 2012 (then known as The Clare at Water Tower), it looked like a risky bet for some people. After all, its... Read More »
by Steve Monroe | Oct 7, 2022 3:56 pm | Opinion
Whether it was leaked from Brookdale Senior Living, or from one of its advisors, or not, it was reported on Friday that the company was in talks with one or more advisors about a potential sale of the company. Forgive us if we yawn, but we have been through this... Read More »
by Steve Monroe | Sep 26, 2022 10:18 am | Statistics
At the recent Fall NIC Conference, NORC at the University of Chicago presented the findings of a recent study of seniors housing residents. We are sure Medicare Advantage plans have combed through the data, as much of it was an eye-opener, even for us. The study... Read More »
by Steve Monroe | Sep 26, 2022 10:15 am | Opinion
Don’t you feel like it is déjà vu all over again? Yet another report has come out criticizing the for-profit nursing home industry on its handling of the COVID crisis, with one publication stating the study “eviscerates” for-profit nursing homes. We don’t remember a... Read More »
by Steve Monroe | Sep 21, 2022 9:40 am | Acquisitions
The good news that came out of the NIC Conference was that nearly everyone we talked with or listened to on the panels said that their agency use (and cost) had been in decline in 2022, with some 50% lower and others expecting to be out of the staffing pools by year... Read More »