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Western Reserve Hospital - Western Medicine Vs Traditional Chinese Medicine - II
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In my previous article touching on the effectiveness of Traditional Chinese Medicine ("TCM") vs Western Medicine, I mentioned that I will be touching on some examples I have come across whereby Western Medicine is lacking. In this article, I will share my experience of such cases.
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First case involves Lady T who had a severe shoulder strain and rushed to the hospital seeking treatment. For some reason, the doctor prescribed strong antibiotics for her condition and instructed her to finish the course of the antibiotics. The choice of antibiotics although seemed an incongruous prescription to me for a person suffering from shoulder strain but I will reserve my comments since it is not my field of expertise. However, the manner of which this prescription was made appeared cavalier in that there was no consideration that this strong dosage of antibiotics would have a side effect on Lady T. The fact is that Lady T has a history of gastrointestinal and depression problem. The strong antibiotics upset her gastrointestinal system severely and her health weakened considerably as a consequence. Worse to follow is the recurrence of depression, which came about as a consequence of her weakening health.
This example shows the usefulness of knowing Ba Zi (4 Pillars) or Zi Wei Dou Shu (ZWDS) in the process of diagnosis of a medical problem and prescription of the cure. The patient may, as a result of being in pain or anxiety, not being able to describe clearly their medical history. But if there were some way to tap on someone with Ba Zi or Zi Wei Dou Shu knowledge, such a cop out of prescribing medicine that triggers a chain of undesirable medical side effects, will not be that common.
The next example I would like to bring into discussion is the inadequate areas of fertility methods of Western Medicine. One of the common problems plaguing infertile couples could be the low percentage of high quality, high motility sperm of the male couple. Gynaecologists and Urologists interviewed so far have indicated that there is no medicine nor surgical process that can treat this medical condition. In this aspect, TCM is streets ahead in that they are able to prescribe herbs that can increase the motility of the high quality sperms to the desired level.
Even the much heralded medical process of enhancing fertility called IVF (In Vitro Fertilization) leaves much to be desired. For a process with such prohibitive costs and only a documented average success rate of 33 percent, I do not see the logic in its highly revered status. I have known quite many couples that went the IVF route and end up mentally exhausted, disappointed and much poorer. While TCM practitioners generally do not keep statistics of their success rates in helping couples conceive, it is a fact that many of these couples who lost their last glimmer of hope after the IVF process had their have their parenting wish fulfilled after consulting proficient TCM practitioners. That too, achieved with a much lower level of stress and cost. Coincidence or efficacy? You be the judge.
Now, how does Zi Wei Dou Shu (ZWDS) come into the picture here? Of all the couples that had difficulty conceiving, it is always reflected in their ZWDS charts. It can help couples to identify they have such problems and seek help early and thus increase the probability of success. Even in certain cases whereby both IVF and TCM failed to bring babies to these couples, Fengshui done using ZWDS concepts, administered in conjunction with TCM treatments, finally see to the emergence of the proverbial stork with the baby.
The last case on to be discussed here is to illustrate that the appropriate use of Chinese Medicine and Fengshui can cure an illness that even Western doctors are initially not confident of doing so. We all know cancer is one illness that doctors are least confident in curing. Guy A was diagnosed with cancer and was given a pessimistic outlook by his doctor. He went to a Fengshui master and asked if the master knows what is wrong with him. This Fengshui master is able to deduce that he had nose cancer simply by reading his ZWDS chart. Truly impressed, Guy A adopted all the recommendations of this Fengshui Master. Today, Guy A is cured of cancer.
Fengshui is a superstition and TCM is a poorer cousin to Western Medicine? We will only truly understand if we bothered to open up our limited mindset.
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Do you know about - Walking Activities for Kids
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As any parent will tell you, kids are keen all the time. Nature has programmed kids to move, but many of them are not keen because they are stuck in front of the television, the computer, and computer games. This is where parenting comes in, because you, the parent or grandparent, can raise children's exercise.
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Kids should wear sturdy shoes and comfy socks without holes. (Leave the flip-flops at home.) They should also wear caps or hats to protect them from the sun and sunscreen. Do some stretching exercises with your kids beforehand. Give each child his or her own water bottle and pedometer. quantum each child's trek, before you start these walking activities.
Some activities are proper for backyard fun, while others get your kids out into the community. Fitness is a family affair, so walk with your kids. You will be amazed at the discoveries you make and the things you learn about each other. Now tie those shoelaces, tie a sweater nearby your waist, and get going!
Count The Birds. Young kids count the amount of birds they see during the walk. Older kids and adults recognize the birds by name. Read about the birds in a bird book when you get home.
Color Search. during the walk kids look for one color, such as red. anyone they see that is that is this color, such as a car, stop sign, and a red jacket, counts as one point. Who saw the most things?
Baby Steps. Place two plastic ice cream buckets on the sidewalk or in the yard. Using baby steps - touching the heel of one foot to the toes of the other - kids walk between the buckets.
Longest Stride. Place two plastic ice cream buckets on the sidewalk or in the yard. Using their longest stride, kids walk from the first bucket to the second.
Backward Bounce. Place two plastic ice cream buckets on the sidewalk or in the yard. One bucket is the beginning "line" and the other bucket is the end "line." Kids walk backwards from start to finish.
Around The Town. Using poster board or grocery store boxes, make location signs for your community: city hall, library, school, recreation center, movie theater, baseball field, and similar locations. amount the signs and arrange them in a circle. Kids start at amount one and walk round the town. How many steps did each child take?
Speed Walking. Each child wears a pedometer as his or her waist. At the sound of go, kids walk as fast as they can over the playground or a field. Who took the most steps? Who took the least?
Run-Walk Race. Repeat the speed walking activity, only this time the kids run 10 steps and walk 10 steps.
Step And Slide. Repeat the speed walking activity, only this time the kids step with their feet, slide their right feet up to the left, and continue walking this way until they have crossed the playground or field.
Don't let your kids come to be couch potatoes. Get them off the couch and keep them moving. Keep yourself moving, too. everyone in the family can walk the fitness trail to great condition and a great life.
Copyright 2006 by Harriet Hodgson
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University Hospitals - Relay For Life Team Name Ideas
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To participate in the Relay for Life event which celebrates the continual fight against cancer by mankind you have to first of all form a team, give it a team name, and finally register online. There are numerous themes from which you can gather team name ideas for Relay for Life.
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School or University theme: This is a very popular theme. Forming school or university teams is comparatively easier as you get the members in one place. Students and teachers could form a team and name it after the institution or a class.
Entertainment theme: You can use the name of a comic super hero or your favorite movie as a name of your team or even name it after a famous singer or actor. For example, Superman Cancer Fighters or the Rolling Stone Society against Cancer could be names for your team.
Holiday theme: Christmas Cancer Conquerors, Halloween Scares Cancer, Valentine Cancer Vindicators could be names based on holidays for your team.
Hobby theme: You could call your team the Angling Angels, or Glide Against Cancer if your hobby is angling or hang gliding. This is also a popular theme.
Sports theme: After the school theme this is the most popular for naming teams for the Relay for Life. Soccer Spooks, Kick out Cancer, Bat for Cancer Cure are names that could be used for your team.
Food theme: Names based on foodstuff are also popular. Cookies for Cancer, Pastries to Part with Cancer, Eat Cancer Away are some examples of this theme.
Names based on professions: Managers Might Fights Cancer, can also be used.
Other examples include cartoon character, cultural/historical monuments and sites, foreign countries, angels and fairies are other themes for selecting team names. Farm themes, famous characters both actual and fictional, are also popular.
Once the selection of the theme is done you can consult with your teammates to form a name for the team. Whatever name you choose it should denote perpetual fight between humans and the dreaded disease, cancer.
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Do you know about - Cure For a Dry Cough
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What's the cure for a dry cough? First we should define a dry cough. A "dry cough" does not produce sputum, or phlegm coughed up from the chest. Beyond that, a dry cough may be caused by a number of conditions.
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Probably the most common cause of a so-called dry cough is a tickle in the throat. Strangely enough, this is often due to drainage of mucus (or phlegm) down the back of the throat in association with a cold or sinus infection. Though there may not be enough drainage to cough it out, drying up the drainage with an antihistamine may be the answer. This is not actually a "cure" but rather a treatment. Over-the-counter antihistamines include loratadine, cetirizine, and diphenhydramine.
If you have had symptoms for over a week, or if you're getting worse, or if you keep blowing out thick, yellow mucus (snot) from your nose, you may benefit from an antibiotic.
A dry cough can also be a symptom of influenza, other viruses, allergies, asthma, bronchitis, COPD, pleurisy, pneumonia, or acid reflux disease (GERD). If you seem to have a respiratory flu or other viral infection, a cough suppressant containing dextromethorphan may help. If your chest is tight or wheezy from asthma, bronchitis, or COPD a prescription inhaler may help. (You may also benefit from an antibiotic, cough suppressant, or antihistamine.) If you have pneumonia or pleurisy, you should be asking your doctor about your cough.
If you seem to be allergic to trees, grass, weeds, animals, mold, dust, etc., a dry cough may respond to an antihistamine, a nasal inhaler such as cromolyn sodium (OTC) or prescription steroid spray, or montelukast (prescription). If you have acid reflux, an OTC acid reducer such as famotidine, ranitidine, omeprazole, or lansoprazole may help. Notice I didn't say the word "cure." Lots of things can improve a cough, but "cures" are usually the result of a body's own healing.
Copyright 2010 Cynthia J. Koelker, MD
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Western Reserve - Scalable Management Incentive Plan
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Overview:
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The key to successful management incentive plans is they must be easily understood, drive desired behavior and be reasonable and obtainable with stretch targets. Typically, companies with an exit strategy will want to reward the management teams to increase Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA") as the ultimate transaction valuation is usually based on a multiple of EBITDA. Therefore, the following is an example of a management incentive plan that has been implemented successfully with portfolio companies of Private Equity firms to reward management by increasing both EBITDA and Revenue.
The Plan Outline:
CEO Incentive Compensation Plan (the "Annual Plan" or "Plan")
Effective Date:
Plan Year:
Eligibility:
Eligibility to participate in the Plan shall be limited the President and CEO with final approval of the Board of Directors. Any participant that is hired or selected to participate after the start of the calendar year shall participate on a pro-rata basis. This is determined by multiplying the maximum bonus opportunity by a fraction, the numerator of which shall be the number of weeks of his/her participation in the Plan Year and the denominator of which shall be 52.
Target Incentive Opportunity:
Participants in this Plan will be eligible for an annual incentive opportunity (the "Target Bonus") that will be the amount earned for meeting the Plan's annual performance measurements. The Target Bonus will be expressed as a percentage of annual base salary as in effect as of the first day of the Plan Year. The Target Bonus will be determined and communicated annually.
20XX Plan Year Target Bonus: _____% of base salary as of __DATE___________.
Financial Performance
Awards from the plan are financially driven. Each participant's Target Bonus is based on specific company financial goal(s) established during the annual operating plan approval process and approved by the Board of Directors. The actual incentive or bonus earned ("Bonus Award" or "Award") is determined by performance against these established financial goals.
For the 20XX Plan Year, the principal financial goal is attainment of the annual EBITDA budget (weighted 70%) and the second financial goal is attainment of the annual Revenue budget (weighted 30%). The minimum threshold of performance (the percent attainment below which no incentive bonus is earned) is 80% of the annual budget.
Calculation and Payment of Earned Incentive Award
The Bonus Award is determined and paid annually based on the performance against the financial goals. For 20XX, the Award is earned when the performance against the revenue sales goal and the EBITDA goal is 80% or greater. The table below includes the 2008 annual sales and annual EBITDA targets and the percentage of base salary earned for each level of performance against target at 80% of target or above, in 5% increments. The Bonus Award represents the percent of base salary earned for performance against each financial goal at each level of performance. For example at 100% achievement of the Sales revenue and EBITDA targets, 100% of the Target Bonus (as a percent of base salary) is earned.
* For achievement between the 5% increments, the Award will be pro-rated. For example, if the %age of budget achieved for both factors is 92.5%, the Award will be 22.5% of base salary.
The Bonus Award is determined and paid after the end of the fiscal year following the release of the audited financials, no more than 45 days after the end of the Plan Year. Awards will be subject to all applicable withholdings and deductions.
Employees on Leave of Absence
Bonus Awards for employees on approved leave will be prorated to exclude the time away from work. A description of approved leaves of absence is available from human resources.
Termination, Death or Disability
Bonus Awards will be paid to participants who are actually employed and on the payroll on the last day of the Plan Year. A participant whose employment terminates prior to the end of the plan year shall forfeit any and all rights to a bonus from the Annual Plan except for approved special circumstances. Specifically those participants who terminate employment due to death, disability, normal retirement, or who are displaced as a result of a reduction in force or position elimination will be paid a pro rata portion of any incentive bonus earned based on the amount of time worked during the Plan Year (through the date of termination). Such prorated payments will be made at the time and in the form received by all Participants.
Other Plan Design Considerations
The Annual Plan will be managed by the Chief Financial Officer and Human Resources Manager and administered by the Board of Directors. All reported financial results will be confirmed by the Chief Financial Officer upon completion of the annual report of independent accountants. Bonus Awards will be approved by the Board of Directors. Communication of all awards will be provided only upon written confirmation of all required approvals.
No participant shall have the right to anticipate, alienate, sell, transfer, assign, pledge or encumber his or her right to receive any Award made under the Annual Plan. No participant shall have any lien on any assets of the Company by reason of any Award made under the Plan
The adoption of the Plan or any modification or amendment hereof does not imply any commitment to continue or adopt the same plan, or any modification thereof, or any other plan for incentive compensation for any succeeding year, provided that no such modification or amendment shall adversely affect rights to receive any amount to which any Participant has become entitled prior to such modifications and amendments. The Company specifically reserves the right to amend, modify, or terminate the Plan at any time for any reason. Neither the Annual Plan nor any Award made under the Plan shall create any employment contract or imply any relationship between the Company and the participant, other than employment terminable by either party at will.
No one may participate in the Plan or have any components of it changed after initial notification of participation, without the expressed written notice of approval by the Board of Directors as appropriate. Every participant and proposed additional participant are reviewed for eligibility on an annual basis. No one participating in another incentive plan may participate concurrently in the Annual Plan, except where approved in writing by the Board of Directors. Eligible participants must have a "successful" performance rating throughout the year to be eligible for payment of an award regardless of the Company's performance against the financial measures.
The Board of Directors reserve the right to increase, decrease or eliminate any and all Annual Plan awards, at the sole and complete discretion.
Conclusion:
The management incentive plans are critical to drive behavior and should be developed with Human Resources, the Senior Management Team and the Private Equity Ownership. If the plan is conceive properly and implemented so the entire team is aware of the goals and objectives, then they will modify their behavior to attain the financial goals for personal gain, while increasing overall enterprise value.
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Western Reserve Area On Aging - 2010 Largest Assisted Living Providers
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While stormy economic conditions buffeted the company last year, indicators now point to smoother navigation ahead. As businesses in nearly every U.S. Sector struggled to stay afloat last year, assisted living was the buoy in the choppy waters. Steady examine for quality services helped keep associates stable-even if accompanied by a hiatus from major mergers and acquisitions.
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As businesses in nearly every U.S. Sector struggled to stay afloat last year, assisted living was the buoy in the choppy waters. Steady examine for quality services helped keep associates stable-even if accompanied by a hiatus from major mergers and acquisitions.
Now, as economic forecasters allude to the end of the "Great Recession," associates like this year's Largest Providers are poised for growth, some of which is already underway. Forty-two of those associates (60%) that made the 2010 list narrative increases in licensed assisted living resident capacity-though much of that growth was in single-digit percentages. an additional one 16 of the top 70 associates maintained their size, while just 12 reported losses.
Here's a look at Assisted Living Executive's 2010 Largest Providers, and the company environment, transactions, and trends that landed each company a spot.
Top Players Hold Steady
In 2009, no assisted living providers merged nor acquired any other faultless company. However, while most deals were small, the year did yield a few large portfolio acquisitions and primary reshuffling. The biggest gains and losses were among the biggest players and occurred through straightforward sales and acquisitions.
For the first time since Assisted Living menagerial began compiling this each year Largest Providers list, Sunrise Senior Living, based in McLean, Virginia, no longer sits at No. 1. The company, now No. 2, had no new construction starts and sold off about 9 percent of its assisted living capacity (about 2,896 units) last year. Its biggest transaction was a portfolio of 21 communities in 11 states to Milwaukee, Wisconsin-based Brookdale Senior Living for 4 million, but Sunrise also sold smaller portfolios to regional providers, such as Baltimore-based Brightview Senior Living (The protection Group), which purchased two of Sunrise's New Jersey communities.
The Sunrise downsize has made Seattle-based Emeritus Senior Living the nation's largest assisted living provider. Emeritus acquired 2,221 new licensed assisted living units and grew by 7 percent in the past year, and it's very likely that Emeritus will not only profess the top spot next year, but enlarge significantly in 2011. The company's partner, Blackstone Real Estate Advisors, is pursuing the buy of 134 communities operated by Sunwest Management, which is in lesson 11 bankruptcy. Under a preliminary agreement, Emeritus would conduct the properties with the selection to spend up to 10 percent of the equity in a joint venture with Blackstone and Columbia Pacific Management, an entity controlled by Dan Baty, Emeritus chairman and co-Ceo.
Brookdale Senior Living maintained its No. 3 ranking, but also grew by 3,808 residents, or 15 percent, in 2009. Sunwest Management, last year's No. 4 company, comes in at No. 7 this year with 9,186 assisted living residents, a 43 percent drop. The company will disappear wholly from the 2011 list if Blackstone or an additional one entity receives court approval to buy the remainder of Sunwest's portfolio.
In terms of percentage growth, the clear winner is Solana Beach, California-based Senior resource Group, an additional one beneficiary of Sunwest's financial woes. The company picked up supervision contracts for 41 properties in 11 states, under the name LaVida Communities, when institutional investor Lone Star Funds of Dallas acquired the properties in the first big deal of 2009. Senior resource Group catapults from No. 55 to No. 11, having grown its assisted living resident capacity more than 500 percent, to 4,897.
Big Movers
For the next Largest Providers percentage spike, look to Crl Senior Living Communities, which enters the list at No. 57, thanks to more than doubling its assisted living capacity from 502 to 1,019. Also on the growth path, Frontier supervision expanded by 64 percent, from 828 to 1,358 licensed assisted living units, thanks to seven new supervision contracts and two new buildings. Frontier supervision jumps 15 spots from No. 57 to No. 42. Watch this Western regional provider to grow further next year as several more new buildings open.
The fourth-largest list jumper is Carmichael, California-based Eskaton Senior Residences and Services, rising 12 spots to No. 56. The company reports 1,036 licensed assisted living units (up from 732 last year) due to whether expansions or applications for further assisted living licensing.
Only seven other providers narrative gains of 20 percent or more in the past year, and among them is Bradley, Illinois- based Bma Management. Because of its focus on the affordable market, the company continues to advantage from accessible financing sources not available to traditional providers. Bma Management's assisted living resident capacity jumped 27 percent in the past year as the company opened six new communities. In 2010, the company moves up the list by three spots, advent in at No. 21.
Other associates that increased their licensed assisted living capacity contain Capital Senior Living Corporation (No. 20), which grew by 25 percent, and Bonaventure Senior Living (No. 23), whose assisted living capacity surged by 21 percent to 2,595. Assisted living capacity for Carlsbad, California-based Integral Senior Living (No. 24) rose 24 percent. Benedictine health system (No. 41) grew by 20 percent, and Brightview Senior Living (No. 52, up from No. 62 last year) expanded by 29 percent, thanks to the Sunrise deal, which added 240 residents. an additional one chart-jumper was leisure Living Management, which vaulted nine places from No. 58 in 2009 to No. 49 this year naturally by adding 200 residents (22 percent).
The vast majority of expanding providers, however, had gains of less than 10 percent. But a microscopic growth can go a long way when nearly 60 percent of associates on the Largest Providers list have fewer than 2,000 assisted living residents.
In an additional one indication of assisted living growth, Independent Healthcare Properties, the smallest company on the list at No. 70, only kept its 2009 rank thanks to an 18 percent capacity gain from 706 to 833. Most of the 2009-ranked associates that did not make this year's list whether maintained capacity or had very small gains. an additional one intuit for higher numbers at the bottom of the list is attributed to data from five providers not previously listed-Spectrum resignation Communities (No. 28), Mountain View resignation (No. 50), Crl Senior Living Communities (No. 57), Welcome Home supervision company (No. 64), and Elder Care Alliance (No. 66).
Other than Sunwest, the company with the most dramatic drop in licensed assisted living capacity was Northstar Senior Living, which shed 1,068 residents, or 55 percent of its 2009 capacity, falling from No. 28 to No. 67. Again, because of modest extensive numbers, decreases were most supreme toward the bottom of the top 70 list. Grace supervision saw a 30 percent decline from 1,399 to 979 and dropped from No. 37 in 2009 to No. 61 this year. Carillon Assisted Living, No. 49 in 2009, decreased its capacity by 24 percent from 1,024 to 775, removing it from the list altogether.
Several associates that didn't make this year's list but may show up in 2011 contain Trinity Lifestyles Management, which nearly doubled in size to 480 assisted living residents after picking up three Atlanta-area EdenCare properties, at one time operated by Sunrise Senior Living. Wichita, Kansas-based Legend Senior Living has been raising its assisted living component steadily with new construction, expanding an additional one 18 percent to 692 in 2010. And finally, AdCare health Systems, based in Springfield, Ohio, remains a smaller provider at 231, but that reflects a 38 percent growth over the prior year, and the company recently announced raising .5 million to fund acquisitions.
More garage Times Ahead
"The fact that we'll be able to point to this time period-the worst economic downturn in our lifetimes-and say that our commerce weathered it pretty well and even continued to grow is significant," says Granger Cobb, president and co- Ceo of Emeritus Senior Living.
The past two recessions hit assisted living hard, and many providers at the start of 2009 were involved that the stalled housing market, depleted stock market earnings, and high unemployment among the adult children of possible residents could cause occupancy rates to plummet. Instead, after modest 2008 rate declines and a rent growth slowdown to 2 percent from 2.9 percent in 2008 and 4 percent in 2007, the needs-based component of assisted living seemed to trump economic concerns. Move-ins could be postponed but only for so long.
By second quarter 2009, signs of stabilization began to emerge, followed by a slow but upward trend, says Robert G. Kramer, president of the Annapolis, Maryland-based National venture town for the Seniors Housing & Care commerce (Nic). While national unemployment still hovered at a troubling 10 percent in January, Kramer says he's cautiously optimistic about the future, especially since the commerce saw its largest absorption rate in the third quarter of 2009 since the first quarter of 2006- 1,400 assisted living units in the top 30 urban markets and slightly stronger in the top 100 markets.
Those statistics recommend that the extensive photo is much rosier for assisted living than for other real estate sectors, including multifamily, hotels, and offices, Kramer notes. "Basically, we are looking operators keeping the line with regard to rates," he adds. "We unmistakably are looking more concessions out there, but at the same time, those concessions tend to be very much market-specific, property-specific, or even unit-specific."
Still, move-in delays due to economic factors have amplified a trend already developing pre-recession-residents tend to be older and frailer, says Jim Moore, president of Moore Diversified Services and author of "Strategic Forecast," published in Assisted Living Executive's January/February 2010 issue. The consequent is heightened occasion in dementia care, which is even more needs-based than assisted living, he adds. Indeed, a estimate of top 70 operators reported having converted independent units to assisted living or assisted living to memory care.
As for new construction, buildings already in the pipeline continued to open, but few associates launched new developments, and by January 2010, the estimate of new construction starts had fallen to the bottom point since Nic started tracking senior housing trends. No associates went collective in 2009.
Forecast for 2010
Access to capital will remain the traditional challenge for amelioration in 2010, although new properties financed before the stepping back will continue to open through the third quarter of 2010. But the lack of new properties isn't necessarily bad news for assisted living.
"We're going to go through a period of very microscopic new stock advent online, but if that coincides with pent-up examine and a saving in the economy, all should bode well for occupancies and rent growth in assisted living," Kramer says. "Outside of external economic factors that we don't have any control over, the most risk to assisted living is overbuilding."
Fannie Mae and Freddie Mac will continue to be reliable sources of permanent 10-year financing, but when it comes to construction loans, developers have few options. Some very microscopic Hud 232 financing will be available, but more likely, the few projects that activate will do so because of relationships with local lenders.
Indeed, The Arbor Company, based in Atlanta, lacks the cash to originate properties on its own, but thanks to a partnership with Formation Capital, Arbor will conduct two new properties scheduled to break ground this fall, says Coo Judd Harper. "We feel much stronger and more optimistic about the assisted living occupancies in today's gently recovering economy, but are optimistic about independent living's rebound in the future," he adds. "As citizen get jobs, they no longer are going to be able to care for a parent at home."
A attractive spot in the acquisitions arena, incommunicable equity entities are beginning to eye assisted living as a desirable sector again, and the major Reits in senior housing are well-positioned to spend again, Kramer notes. Emeritus will be a company to watch thanks to the Blackstone deal, and while it only plans one new construction in 2010, the company actively will be looking for other acquisition opportunities at attractive prices.
"If a company has liquidity, cash flow, and a reasonably wholesome balance sheet, it will be in a great position because there are opportunities right now," Cobb says. That advantage isn't just for big associates like Emeritus, but also for regional and even small mom-and-pop players with targeted expansion plans, he adds, noting that "interest rates have not changed that much over the last concentrate of years, but the estimate of equity and coverage ratios you have to have in place has become more stringent, as well as the underwriting."
Fanwood, New Jersey-based Chelsea Senior Living leveraged a strong connection with a local lender to buy a former Sunwest property in New Jersey last fall and is actively looking for more deals, says Roger Bernier, president and Coo. "Some citizen are likely to see their debt maturing and be unable to refinance," he forecasts. "Ultimately we'd like to grow by two communities per year, but it has to be the right deal for us to take a look."
Much of the acquisitions performance in 2010 is likely to remain with distressed properties, however, and no one expects lots of high-end properties to come on the market this year, says Steve Monroe of Senior Care Investor. "High-performing properties are only going to sell if owners can get a good price, although that may start to convert later in 2010."
Still, wise operators should not be blinded by attractive price tags so much that they forget to reconsider how well the acquisition fits into their existing portfolio and evolving demands of seniors and their families, Moore cautions. "Senior psychographics are changing," he adds. "It's not so much the World War Ii homemaker widow as 80-year-olds who have been in the expert workforce."
Another area of occasion in 2010 may be new supervision contracts for owners and lenders who may be unhappy with their current management, Moore suggests. And for many companies, the wisest move in 2010 may be just to sharpen internal operations, he says.
Although Greensboro, North Carolina- based Bell Senior Living is open to the right deal within the mid-Atlantic states in which it already operates, the latter strategy will be the company's prime priority this year, says President Steve Morton. "I'd say it's a time to focus on operations, heighten operating results including supervision and wage streams, and put together the primary tools to maximize and run communities in the most sufficient manner possible," he says. "This is something we can do because we don't have five acquisitions or amelioration deals."
Finally, unstable financial markets still make it unlikely that any company will go collective in 2010, but if conditions improve, Moore says, the two associates to watch continue to be Atria Senior Living Group (No. 4) and Hcr ManorCare (No. 10).
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Spirituality as part of nursing care has been infrequent and underutilized in the past. Today we have a challenge to embrace a holistic view of life and self to concentrate spiritual care into nursing practice. Nurses are in the best position to deliver the aspect of spirituality in nursing care, particularly when caring for the sick person with mental, medical and final illness.
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Spiritual issues are raised in disbelief and anger, the nurse helps the sick person with their spiritual journey, searching for meaning and developing a deeper meaning in faith, hope and love. The nurse assists the sick person as a whole being, using holistic nursing. It should all the time be respectful and non-biased. It is about listening, identity, being respected and valued.
Religion involves rituals practices and experiences. It involves a crusade for a higher being. It is connected with a religious affiliation and religious commitment. Religion may or may not be a part of their spirituality. Spirituality does not wish any religious beliefs, but their exists an affiliation with God or whatever God is perceived to be by that person.
What does spirituality mean to me? Being a spiritual and religious someone I believe it is an prominent part of holistic nursing. Without spirituality it would be hard for the mind and body to heal. It is essential for total nursing care especially with the dying sick person and the mentally distressed patients. Without spirituality in my life, it would be an empty and lonely life. Without God in my life it would be hard to feel daily life problems.
Nursing care should be focused on corporal and psychological needs as well as spiritual. Nurses must also collate patients' strengths and coping styles, as it helps with assessing spirituality. Listening, silence and touch are prominent aspects of spirituality. Touch can demonstrate caring, sense of worth and relieves stress. Being present at a religious ritual such as anointing of the sick can be prominent to the dying patient. Other ways of introducing spirituality and health can be undertaken through encouragement of journalling, meditation, scripture reading, prayer, music, art therapy, guided imagery and aromatherapy.
I have the occasion to work with both psychiatric and hospice patients. Both can be very consuming especially when the patients are in spiritual distress or religiously delusional. I have worked in psychiatry for the past ten years and found that spirituality can be nothing else but ignored. Spiritual estimation is part of sick person estimation because it can influence the care and medicine of the patient. Asking the sick person what their religious affiliation is no longer tabooed. It is encouraged that spirituality be part of their medicine , especially if they are in spiritual distress.
Working as a hospice nurse has its great bonus which is providing ease and hope to patients who are dying. Being able to sit with the patient, holding their hands, saying a prayer or rosary is an prominent aspect of spiritual care. Being a source of vigor and hope for the sick person and family is rewarding. Spiritual reserve provides meaning of hope, love and satisfaction in their final days. Reconciliation is also part of spiritual care. Being able to help with these unfulfilled expectations or omissions can be fulfilling. Assuring the sick person that they will not die alone and guiding them to the light.
Spirituality provides a means for assistance providers to empower and encourage patients to engage in their medical process. Spirituality is incorporated with holistic care and is essential to the holistic care of any patient. We as nurses become a source of spiritual hope for all our patients.
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