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Although long-term care can be costly, there are funding sources that can help make the services more affordable. Take a look at these four ways to pay for senior care and housing. #SeniorLiving #SeniorCare #SeniorHousing

Reminder: Colorado Assisted Living Residences should be revising their Resident Agreement ASAP. The newly revised Colorado Department of Public Health and Environment assisted living regulations require an update to their resident agreements. Perhaps most significant: the resident agreement must include reasons for involuntary discharge as well as the discharge procedures that comply with the new regs. Chapter 7, Section 11.6 "The written resident agreement shall specify the understanding between the parties concerning, at a minimum, the following items: . . .(G) Reasons that the assisted living residence could pursue an involuntary discharge of the resident, as listed in Parts 11.11 and 11.12."

Good article discussing the value proposition of Neighborhood/Micro-Hospitals.

Reminder: Colorado Assisted Living Residences should be revising their Resident Agreement ASAP. The newly revised Colorado Department of Public Health and Environment assisted living regulations require an update to their resident agreements. Perhaps most significant: the resident agreement must include reasons for involuntary discharge as well as the discharge procedures that comply with the new regs. Chapter 7, Section 11.6 "The written resident agreement shall specify the understanding between the parties concerning, at a minimum, the following items: . . .(G) Reasons that the assisted living residence could pursue an involuntary discharge of the resident, as listed in Parts 11.11 and 11.12."

As an expert in all matters concerning assisted living homes, it is deeply concerning to address the issue of managers within such facilities who prioritize profit over the well-being of the residents they are entrusted to care for. It is disheartening to acknowledge that some managers display a lack of compassion and respect towards the elderly residents, viewing them merely as a means to financial gain. The disregard shown by these managers towards both the residents and the dedicated staff members who provide essential care is unacceptable. This behavior not only diminishes the quality of life for the elderly residents but also creates a toxic work environment for the staff, leading to substandard care being provided. Furthermore, the exorbitant rates charged by these facilities for the care services offered is a clear indication of their profit-driven motives. It is unjustifiable to demand such excessive fees while failing to uphold the basic standards of care and respect that should be afforded to every resident in a senior assisted living facility. It is essential for the senior care industry to hold these managers accountable for their actions and to prioritize the well-being and dignity of the elderly residents above all else. Only through a commitment to compassion, respect, and quality care can senior assisted living homes truly fulfill their duty to provide a safe and nurturing environment for our elderly population.

In this edition of The Capital Issue, we offer insights and tips to help seniors housing and care providers position their communities for the long haul. Click through to read more. #SeniorsHousing #SeniorsHealthcare #CRE

Did you know that the work environment and community services can indirectly affect the value of your real estate assets? Take for example, the recent labor agreements reached by the Massachusetts Nurses Association with six Steward Health Care hospitals across Massachusetts. Despite challenges such as understaffing and underfunding, these agreements aim to improve working conditions and patient safety. When essential services like healthcare improve, it enhances the quality of life in that area, potentially making it more desirable for residents. What does this mean for Boston real estate? People tend to gravitate towards areas with solid infrastructure, which includes healthcare facilities, when looking for properties. If hospitals are functioning at an optimal level, it can positively impact property values in the surrounding neighborhoods. Are we overlooking such external factors while strategizing for your real estate portfolio? It's time to rethink and consider the wider implications. As a Boston real estate market expert, I can provide deeper insights into these potential gaps in your current real estate strategy. Connect with me, let's talk more about how vital services like healthcare can make a huge difference in your property values. #BostonRealEstate #Boston #TurcoGroup #BostonRealtor #MoveMeToBoston

What did we really mean by Value-Based Care? Let’s find out~ Value-based care goes beyond the surface level, as seen in the latest episode of Senior Housing Unfiltered. Here are some key takeaways: ➡ Quality triumphs quantity in value-based care, where outcomes drive financial success. ➡ Prioritizing value allows us to focus on residents' well-being, steering them towards improved health. ➡ Shifting the focus to value enhances resident outcomes, leading to boosted occupancy rates and financial prospects for senior housing communities. ➡ Data is crucial in identifying at-risk individuals for proactive and efficient care. ➡ Collaboration with trusted partners and leveraging smart technology are essential for seamless care processes. Join Deionte Meredith-Davis (Accushield®) and Tod Petty (Fynn.io) as they dissect the nuances of value-based care. Dive into the discussion do not miss the invaluable insights: #ValueBasedCare #SeniorHousing #HealthcareDiscussion

National Planning Guidance may well identify the need to provide housing for older people as being ‘critical'. But a care home planning application should be backed by local justification. https://lnkd.in/e8_9Z8Fn #HPC #CareHomeDevelopment #NeedsAssessment

Making the right decision for your loved one’s care is critical, especially when it comes to timing. In our latest blog post, we explore key factors to consider when choosing between assisted living facilities and residential care homes. Don't wait until a crisis—learn when and how to make the best choice for your family. 👉 Read the full post now and get the guidance you need! https://bit.ly/3WIM7IS #SeniorCareOptions #AssistedLiving #ResidentialCare #ElderCare #FamilySupport #ASLS