Cornell E-Newsletter #4

Dining options becoming a bigger driver of occupancy growth

Senior residency centers creating more dining options.

Senior Housing News

Senior living providers are making big bets on dining programs, and they're seeing their investments and efforts pay off through higher occupancy levels and better response to marketing. Dining services, along with care giving and management style, have the greatest impact among service types on assisted living community resident satisfaction, according to a recent study from Western Kentucky University researchers.

For one senior living provider, an overhaul of dining services served as a mechanism for weathering the recession and boosting occupancy more than 5 percent post-economic downturn. Implementing certain dining strategies also helped 90 percent of providers increase resident satisfaction levels and improve marketability, according to a white paper from a national provider of dining services.

Assisted living not a one-size-fits-all situation

The New York Times

There is no one "right" plan for all elders. Many elders prefer not being "trapped" in their homes with a stranger or hired caregiver, yet they need services. Having the services they need throughout the day provided by the overall facility staff helps to enhance their privacy as well. Yet others will do anything to remain at home, and might come to cherish their caregivers.

The ultimate proposal editing checklist: 7 steps to a more persuasive document

By Joe Latta

Proposals are important. And with a growing focus on procurement transparency and objectivity, a high quality proposal can mean the difference between a big win and an almost-was. So it's no surprise that organizations are evolving, employing proposal specialists and adopting more mature capture and proposal practices.

Unfortunately, many organizations are still missing a key step in the proposal process: editing. What's the use of spending days and hours developing and writing a customized proposal if it's ultimately noncompliant, confusing, mistake-ridden or just plain not persuasive? None.

GE Capital bullish on assisted living growth in 2014

Senior Housing News

Financial executives primarily in the senior housing and care industries see assisted living as a leading area for growth in the next year, according to a recent survey by GE Capital, Healthcare Financial Services. Of the 100 financial executives surveyed by GE Capital HFS, 62 percent said assisted living will be a significant area for growth in the coming year, compared to 41 percent who cited memory care and 13% who sided with skilled nursing.

$28 million assisted living and memory care complex coming to Bakersfield, Calif.

Senior Housing News

A new $28 million assisted living and memory care complex is coming to Bakersfield, Calif., as developers intend to break ground in February, The Bakersfield Californian reports. Meanwhile, a community in Lexington, Ky., opens and a luxury retirement community in Houston inches closer to opening.

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