Uncategorized

28% of affluent 50+ adults expect to live in assisted living, survey finds

Twenty-eight percent of affluent adults aged 50 or more years participating in a recent survey said they believe they are likely to receive long-term care at an assisted living community when they need it, although only 15% identified assisted living as their preferred location. The Harris Poll, conducted on behalf of the Nationwide Retirement Institute,…

Read More »

3 Reasons Greenspring Village, Brookhaven at Lexington Top Fitch’s CCRC Ratings

The continuing care retirement community (CCRC) sector has been on a roll, with a strong economy bolstering seniors’ ability to sell their homes and pay entrance fees. But even in an overall hot market, two nonprofit communities are standout performers, being the only CCRCs to currently hold an A+ credit rating from Fitch. There were few…

Read More »

Empathy, patience and more — when kids visit assisted-living facilities, everyone benefits

“It’s your turn. Try to get a strike — but I’m winning,” my 6-year-old son, Jared, told a resident of the memory care unit at Sunrise at George Mason, an assisted-living facility in Fairfax. She rolled the plastic bowling ball. All the pins fell. She smiled. Not one to lose gracefully, Jared mumbled, “Good job,”…

Read More »

Apple’s gets first FDA clearance for retail ECG watch technology

The company’s new Apple Watch can perform ECGs, detect atrial fibrillation and contact emergency services in the case of a fall. Apple has taken a major step into the world of regulated health technology with the announcement of its new Apple Watch, an over-the-counter FDA-cleared device with the ability to perform electrocardiograms and detect atrial…

Read More »

Wall Street Journal: Aging Boomers Divided on Being Called ‘Perennials’

Some aging baby boomers are rejecting the term “senior citizen,” but potential replacements like “perennial” are not yet gaining widespread traction. Other potential new terms, such as “vintage” and “golden ager,” also aren’t catching on widely, according to an article published Thursday in The Wall Street Journal. Observing that some boomers do not respond well…

Read More »

When healthcare devices go over the counter

An important trend contributing to the consumerization of healthcare is the transformation of select prescription categories to over-the-counter (OTC). The OTC medicines and natural supplements market in the United States is worth $46 billion, with the cough, cold, allergy, and sinus medication category posting $9 billion alone. In 2017, Congress stipulated that hearing aids would…

Read More »