- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Long-Term Care
Feds scrutinize nursing home buying spree
April 27, 2013
J.K. WallIndiana’s county-owned hospitals have rushed to acquire nursing homes in the past two years, opening a revenue stream
for both the hospitals and the long-term-care facilities. But the additional federal revenue that has driven these purchases
could come under threat.
MoreHealthLease to snare $141.7M in senior properties
March 25, 2013
Mason KingA central Indiana REIT that went public in 2012 has agreed to buy 13 senior housing and care facilities in three states, growing
its asset value by 50 percent.
MoreLEADING QUESTIONS: Mainstreet CEO masters efficiency
February 27, 2013
Mason King
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail
on your smart phone? What's it like to take a company public? The real estate exec has answers.
New Alzheimer's unit stresses soothing elements
October 6, 2012
Scott OlsonThe 36-room wing at Hoosier Village Retirement Center includes antiques and minimizes confusing shadows among other design
elements.
MoreTITTLE: Big challenges loom for nursing facilities
May 12, 2012
Scott Tittle / Special to IBJBoom in elderly population and falling reimbursements expected to cause squeeze.
MoreIntegra Specialty Hospital in Muncie closing
April 20, 2012
Seventy-two employees will lose their jobs when the 32-bed long-term-care facility shuts down on June 17. The company that
operates the hospital did not provide a reason for the closing.
MoreHospitals scrambling to buy nursing homes
October 22, 2011
J.K. WallThe hospitals owned by Boone and Hamilton counties are following the lead of Indianapolis-based Wishard Health Services and
its parent organization by acquiring far-flung nursing homes, hoping the strategy proves as lucrative.
MoreCarmel senior-living project to create 340 jobs
June 14, 2011
IBJ StaffCarmel Mayor Jim Brainard on Tuesday unveiled details of a multimillion-dollar project expected to create more than 200 construction
jobs and 140 permanent positions over the next two years.
MoreQ&A
April 25, 2011
J.K. WallPaul Leamon launched Wellfount Corp. five years ago to help long-term-care facilities automate and electronically
manage their pharmacies. Wellfount made the Inc. 500 list last year and now has secured $6 million in venture capital from
Arboretum Ventures to help it expand nationally.
MoreHome Health Depot acquires Arcadia subsidiary
October 21, 2010
The division purchased by Home Health Depot markets and sells home health related items via mail and online. Terms of the
deal were not disclosed.
MoreHome medical supply firm grows as industry boom approaches
July 10, 2010
Joe JasinskiDavid Hartley pulled $85,000 from his savings six years ago to buy Home Health Depot Inc. Nearly six years later, Hartley has reinvented the Indianapolis-based home medical equipment supplier, growing from a single office in Greenwood to 12 locations in Indiana and Illinois—and increasing annual revenue from $300,000 to more than $6.7 million.
Masonic Home plans $8M assisted-living center in Franklin
May 6, 2010
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
MoreNursing home association facing big debt
April 10, 2010
J.K. WallThe Indiana Health Care Association is looking for a new leader even as it tries to dig out of a pile
of debt. Current President Steve Smith, whose contract expires Nov. 30, says he's put the organization on a path to be financially
stable by 2012. But his predecessor says Smith has ruined a once-strong organization.
MoreVolunteers in Medicine fill need as boomers retire
April 3, 2010
Marc D. AllanNot-for-profit sees increasing numbers of patients, but can't plug the entire gap to be created by health care retirements.
MoreLong-term-care business to help Wishard cover construction debt
July 20, 2009
J.K. WallTo pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.
MorePrices salty and getting saltier at Indiana nursing homes
May 11, 2009
The cost of nursing home care in Indianapolis is rising faster than in the rest of the country, according to an annual survey
of long-term-care costs by Virginia-based Genworth Financial.
MoreStimulus bill could prompt physician mergers
March 16, 2009
Now that Medicare is calling for all doctors it deals with to use electronic medical records by 2015, the trend of physicians'
merging with hospitals or larger groups could hasten.
MoreNeed long-term care? Buyer, beware
February 16, 2009
Tawn ParentIt can be tempting to trust in "experts," when it comes to loved ones' health and nursing home care. But the consequences can be dire.
Texas developer and New Hampshire not-for-profit promise attention for seniors who prize stable prices
February 2, 2009
Scott OlsonA Texas developer of retirement communities has targeted Carmel for a style of assisted living new to the Indianapolis area
that offers on-site health care for the unusual arrangement of a fi xed monthly fee.
MoreNursing home group tries bulk purchasing to save cash
January 12, 2009
The Indiana Health Care Association has signed contracts with three corporations to buy supplies, medicines and insurance
in bulk.
MoreNew president shakes up nursing home group: Three quarters of staff leaves within months of arrival
July 21, 2008
J.K. WallSteve Smith has shaken up the Indiana Health
Care Association so much, the group representing Indiana's for-profit nursing homes is hardly recognizable to those who knew
it before. And the way Smith tells it, he's just getting started.
MoreSponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.