New Senior Investment Group could receive $53 million under a settlement to resolve a lawsuit over its public offering and acquisition of a 28-property senior living portfolio from Holiday Acquisition Holdings and the REIT’s management agreements with Fortress Investment Group, New Senior announced Wednesday.
Fifty-four percent of the 14.4 million middle-income older adults in 2029 in the United States will lack the financial resources to pay for senior housing and care, and a combination of public and private efforts will be needed to address the looming crisis, projects a study funded by the National Investment Center for Seniors Housing & Care and published online today by Health Affairs. Two people associated with the research shared insights with McKnight’s Senior Living.
If you’re looking for your organization’s employee wellness plan to pay dividends in the form of lower healthcare costs and absenteeism rates as well as higher job tenure and performance, then a new study by Harvard researchers will give you pause.
We’ve attended several recent senior living conferences and have ongoing conversations with our healthcare partners, specifically related to senior living. Here are some of the key learnings we have gleaned.
MyndVR has launched MyndVR 2.0, introducing HTC’s VIVE X’s stand-alone Focus headsets in an effort to provide easy-to-use, all-in-one immersive experiences for senior living residents, activities professionals and caregivers.