Senior Living Today – Most Important News for Seriors

Minsur Announces Extension of its Offer to Purchase Certain Outstanding Senior Notes – Yahoo Finance

June 16, 2021

LIMA, Peru, June 16, 2021 /PRNewswire/ — Minsur S.A. announced today the extension of the Expiration Date and Settlement Date (each, as defined below) of its offer to purchase for cash its outstanding 6.250% Senior Notes due 2024 (the “Notes”) for an aggregate purchase price of up to US$300 million, in accordance with Minsur’s Offer to Purchase dated May 19, 2021 (the “Offer to Purchase”) pursuant to which the tender offer is being made. The tender offer will expire at 8:00 a.m., New York City time (7:00 a.m., Lima time), on July 1, 2021, unless further extended, or earlier expired or terminated by Minsur (such time and date, as the same may be further extended, or earlier expired or terminated by Minsur in its sole discretion, the “Expiration Date”).…
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CenterWell Senior Primary Care to Open Four Senior-Focused Care Centers in South Louisiana – Business Wire

June 16, 2021

LOUISVILLE, Ky.–()–CenterWell Senior Primary Care will open four new senior-focused care centers in South Louisiana by early 2022, giving seniors in Denham Springs, Hammond, Covington, Slidell and surrounding areas access to CenterWell’s personalized, care-team approach to healthcare. CenterWell Senior Primary Care is one of the fastest-growing senior-focused, value-based care providers in the country, delivering care to approximately 57,000 patients in its more than 65 centers, with continuous growth plans. CenterWell opened 15 new centers in the past year, and up to 20 are expected to open this year. “We do things a little differently from the traditional primary-care center,” said Brienne Loy, M.D.,…
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Daylesford Crossing Appoints New Director of Community Relations | Life – Pennsylvanianewstoday.com

June 16, 2021

Lifestyle 11 hours ago Daylesford Crossing, Sage Life’s innovative senior living community in Paoli, Chester County, has appointed Denise Cleveland as Director of Community Relations. Cleveland focuses on sales and outreach efforts for seniors and their families interested in providing Daylesford Crossing’s customizable lifestyle and care, including independent living, supportive care, restorative stays, and memory care. I will. Cleveland’s professional role has nearly 10 years of experience in senior living, spanning long-term care and assisted living, serving as senior helper care manager, director of marketing and admission for Kadimari Rehabilitation & Nursing, and director of community relations. I did. / PC admission in the Simpson House Retirement Community.…
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Why Taking Your Age Into Account Is Important In Choosing Health Insurance – The Southern Maryland Chronicle

June 16, 2021

It’s a known fact in insurance that as a policyholder gets older, the health insurance rates get higher. This is why it is advisable to get your health insurance early. In getting your health insurance, many things are considered, and the most important is your age. A few reasons will be listed and expatriated on why age is considered when choosing health insurance. Policies And Regulations A lot of people ask why age is essential when choosing health insurance. This is because healthcare needs and associated expenses increase with age, and also there are specific regulations in terms of how premiums are adjusted based on a person’s age.…
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BRF Announces Extension Of Total Consideration Of Its Cash Tender Offer For Its 4.875% Senior Notes Due 2030 To The Expiration Date – Yahoo Finance

June 16, 2021

SÃO PAULO, June 15, 2021 /PRNewswire/ — BRF S.A. (“BRF“) today announces the extension of the Total Consideration (as defined below) to be paid in connection with its previously announced offer to purchase for cash for up to the Maximum Amount (as defined below) of the outstanding 4.875% Senior Notes due 2030 (“Notes“) issued by BRF (the “Offer“) such that holders of Notes who validly tender their Notes after the date hereof and on or prior to the Expiration Date (as defined below) will also be eligible to receive the Tender Consideration (as defined below) and the Early Tender Premium (as defined below).…
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How Capri Communities Paid $1 on Land for Its New $29M Community – Senior Housing News

June 15, 2021

Capri Communities’ newest community in Milwaukee’s historic Italian-American neighborhood cost $28.9 million — but the price tag on the land was just $1. St. Rita Square, a 118-unit building offering independent living, assisted living and memory care, opened in July 2020 and occupancy is currently at 70% and climbing, Founder and Principal Jim Tarantino told Senior Housing News. The site included a long-vacant school and convent, and Capri was able to acquire the land for the project from the Archdiocese of Milwaukee for $1. In return, Capri built a new church adjacent to St. Rita’s Square, which it then sold to the archdiocese for $1.…
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Assisted Living Deaths Jumped 17% in 2020 as Covid-19 Spread – Senior Housing News

June 15, 2021

The number of assisted living residents who died in 2020 was “significantly higher” than the number of residents who died in 2019, and Covid-19 is the likeliest reason as to why. That’s according to a new study from researchers at Brown University and the University of North Carolina. The study’s results, published this week in the medical journal JAMA Network Open, shed light on the effect that Covid-19 had on mortality in assisted living settings. For the study, researchers examined data from more than 425,000 Medicare beneficiaries living in licensed assisted living communities with more than 25 beds, located in 49 states and Washington, D.C.…
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Cleveland Clinic, IBM, Aetna and Anthem partner to form blockchain firm Avaneer Health – Healthcare Finance News

June 15, 2021

Photo: Andriy Onufriyenko/Getty Images Major healthcare companies Cleveland Clinic, IBM, Aetna and Anthem have joined forces to create a new blockchain health firm, Avaneer Health, which will be housed in Chicao and work to use blockchain to increase efficiency in healthcare and reduce administrative costs. The firm will boast a technological backbone that’s designed to support an array of platforms, which will then be used to reduce administrative costs, accelerate care and improve the overall patient experience, the companies said. WHAT’S THE IMPACT Avaneer Health grew out of the Health Utility Network, a consortium of companies serving the healthcare industry. With investments from Cleveland Clinic, Aetna, Anthem, IBM, Health Care Service Corporation, the PNC Financial Services Group and Sentara Healthcare, Avaneer is launching as a stand-alone business with overlapping patient populations.…
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Lumen Technologies Completes Private Offering of Senior Notes – Yahoo Finance

June 15, 2021

Higher-Interest Senior Notes Repaid with Net Proceeds and Available Cash DENVER, June 15, 2021 /PRNewswire/ — Lumen Technologies (NYSE: LUMN) announced that it completed its previously-announced private offering of $1.0 billion aggregate principal amount of its 5.375% Senior Notes due 2029 (the “2029 Notes”). Lumen Logo (PRNewsfoto/Lumen) Lumen used the net proceeds from the offering, together with cash on hand, to repay at maturity its outstanding 6.45% Senior Notes, Series S, due 2021. The 2029 Notes were privately placed without being registered under the Securities Act of 1933, as amended. About Lumen Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work.…
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OPSEU/SEFPO calls for fairness and equity at the Black Creek Community Health Centre – Yahoo Finance

June 15, 2021

TORONTO, June 15, 2021 /CNW/ – OPSEU/SEFPO President Warren (Smokey) Thomas is calling for fairness at the Black Creek Community Health Centre, which is refusing to give its striking workers a modest wage increase while giving its executives generous raises. Nearly 70 predominantly Black and racialized OPSEU/SEFPO members at the Toronto health centre had no choice but to go on strike this week after the employer walked away from the table, despite receiving assurances from the provincial government to fund a one per cent wage increase. “This employer claims it doesn’t have the money to provide a one per cent annual increase but it’s giving senior executives generous pay hikes every year,” said Thomas.…
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