Chinese Company Acquires 5% Stake in Brookdale Senior Living

A Chinese international conglomerate and investment company has joined a small group of shareholders that own a 5% or greater stake in Brookdale Senior Living (NYSE: BKD).

Shanghai, China-based Fosun International Limited recently reported a 5.11% stake in the Brentwood, Tennessee-based senior housing giant, joining six other companies—Glenview Capital Management, The Vanguard Group, BlackRock Inc., Senator Investment Group LP, Invesco Ltd. and Brookfield Asset Management Inc.—that each owned at least 5% of Brookdale as of August 1, 2017.

There remains an “intense appetite” among Chinese capital providers for U.S. senior housing assets, John Stasinos, managing director-healthcare at private equity firm Cindat Capital Management, recently said. Cindat was founded to guide and safeguard Chinese capital in foreign investments, as well as to advise and help manage foreign capital with respect to their investments in China.

https://seniorhousingnews.com/2018/03/23/chinese-company-acquires-5-stake-brookdale-senior-living/

Posted by editor on Sat, 14 Apr 2018 10:04 | Permalink

Aging in America: Land of the Free, Home of the Gray

Getting old isn't what it used to be.

At least, that's what Bob Lowry has found in recent years as he's blazed a trail through what many would consider to be an early retirement. In 2001, at the age of 52, Lowry stepped away from his job running a management consulting company for radio stations. His wife, Betty, left her teaching job not long after, and the two began to figure out exactly what to do with the rest of their lives.

But retirement – and, more broadly, getting older – hasn't played out exactly as Lowry expected. In fact, through his effort to spread awareness about aging and retirement through his blog, A Satisfying Retirement, Lowry's found there's a lot of confusion out there as to what getting older actually looks like in the 21st century.

https://www.usnews.com/news/best-states/articles/2017-10-11/aging-in-america-how-states-are-grappling-with-a-growing-elderly-population

Posted by editor on Sat, 14 Apr 2018 10:04 | Permalink

Cox shows how technology can boost seniors’ quality of life

Cox Communications demonstrated more than 50 technologies and services that will help aging adults stay in their own homes, while staying connected to their doctors, caregivers, family and friends. The event was hosted at P.B. Bell’s brand-new luxury apartments, The Curve at Melrose, located in the vibrant Central Phoenix area, which is attracting millennials, young professionals and empty nesters looking to relocate closer to arts, restaurants and public transportation.

“We were more than happy to partner with Cox Communications and host their Cox Smart Home tech at our newest luxury apartments,” said R. Chapin Bell, CEO of of P.B. Bell. “Smart home technology is now becoming an asset to residents of all ages.”

https://azbigmedia.com/cox-shows-how-technology-can-boost-seniors-quality-of-life/

Posted by editor on Sat, 14 Apr 2018 10:04 | Permalink

Can You Hear Me Now? Senate Bill On Hearing Aids May Make The Answer ‘Yes’

Last December, Deb Wiese bought hearing aids for her parents, one for each of them. She ordered them online from a big-box retailer and paid $719 for the pair. But her parents, in their 80s and retired from farming in central Minnesota, couldn’t figure out how to adjust the volume or change the batteries. They soon set them aside.

“Technology is not only unfamiliar but unwelcome” to her parents, Wiese said. “I don’t know what the answer is for people like that.”A bill introduced by Sen. Elizabeth Warren (D-Mass.) and Sen. Rand Paul (R-Ky.) in March could make it easier for her parents and millions like them to get assistance. It would allow Medicare to pay audiologists to teach beneficiaries how to adjust to and use their hearing aids as well as how to manage communication with other people, among other things.

https://khn.org/news/can-you-hear-me-now-senate-bill-on-hearing-aids-may-make-the-answer-yes/?utm_campaign=KHN%3A%20Daily%20Health%20Policy%20Report&utm_source=hs_email&utm_medium=email&utm_content=61981964&_hsenc=p2ANqtz--ha4OTtmULDMwU-XW8YHRg-npy9YpAL-ZXmpB1OTFcFu_NpzdGzpNeIUPSdU7k4EXqGySV8JJOdkHQ4mokS1vtpE3iiA&_hsmi=61981964

Posted by editor on Sat, 14 Apr 2018 10:04 | Permalink

HEALTH MATTERS: Care Of The Aged

We will get old one day and it is the prayer of everybody to grow old in good health and vitality.

Medical science that specialises in the medical care and treatment of old people is called Geriatrics while that of infants and children is referred to as Paediatrics.

Elderly care or care of the aged is the fulfillment of the special needs and requirements that are unique to senior citizens. This broad term encompasses such services such as; assisted living, adult day care, long term care, nursing homes, hospice care [for terminally ill patients], and home care.

http://www.osundefender.com/health-matters-care-aged/

Posted by editor on Sat, 14 Apr 2018 10:04 | Permalink

 
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