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Category Archives: Blog Article
City of Glendora Acquires Assisted Living Property.
On April 25, the City Council of Glendora, California gave the green light to the acquisition of a 2.17-acre facility at 1762 Dale Road, pending a 90-day escrow. The price tag for the purchase agreement is $5 million, which will be funded by a mixture of the Affordable Housing Fund and the Housing Authority, as well as Measure E. The property used to be …
Admin who thieved $50K from Developmentally Disabled A...
On Thursday, April 6th, Jazzame Paranzino, aged 31 and from Shirley, was issued a four-month prison sentence by Suffolk County Court and was additionally required to serve five years of probation. In December 2022, she pled guilty to having taken items from the inhabitants of the Mary Haven Center of Hope located in Medford. Prosecutors have alleged that Paranzino acted as the manager at …
Newsome Allots $53 Million in Grants for Housing Assis...
Governor Gavin Newsom, in collaboration with The California Department of Social Services (CDSS), revealed that 12 organizations were provided with $53 million in grants to generate further residential care options for adults with disabilities, the elderly, and individuals facing homelessness. These grants enable the development of 402 beds or units. This investment follows the $47 million allocated to five organizations in August. Governor Newsom …
Revolutionizing Medicare: Biden’s new executive ...
The announcement comes as the program’s trustees have projected a shortfall for the coming year of more than $100 billion in federal spending on behalf of the elderly. President Joe Biden signed an executive order Tuesday morning, calling for the expansion of Medicare coverage for long-term care services. The order begins to implement a plan laid out in the Affordable Care Act to expand …
How to Price Your RCFE Home the Right Way
When it comes to selling your RCFE, you want to get the best price possible. That could explain why so many RCFE homeowners are eager to sell in today’s market. After all, many RCFE houses are selling for more than the asking price due to record-low availability and tremendous buyer demand. According to the National Association of Realtors (NAR), 46 percent of properties are …
Sellers Guide for RCFEs
Sales Process We know it may be difficult to make the ultimate choice to sell your RCFE. You may have put years of effort, passion, sacrificed countless days, weeks, and years ensuring you provide quality care. Here at A-med Realty Group we understand that your facility is more than just a business. It has become an interictal part of your life and many of …
The benefits of purchasing an RCFE property right now
The financial advantages of purchasing a property used as an RCFE over leasing one are debatable but one significant aspect that may be overlooked is the chance to accumulate wealth by building assets. With the rise of covid once again the market seems to be going in a similar trend that followed during the first occurrence of covid; housing properties will exponentially rise in …
Experts predict a sharp increase in instances of O.C. ...
As the population ages, Alzheimer’s disease, which causes progressive mental degeneration, is on the rise. The California Department of Public Health has some startling figures: By 2040, the number of Orange County adults aged 55 and up who have Alzheimer’s disease will have increased by 122 percent, and those aged 65 and up will have increased by 136 percent. The1 county’s growing number of …
The Department of Developmental Services just released...
The Department of Developmental Services just released new rates that will be effective January 1, 2022. These are for Community Care Facilities that provide Residential Services to Individuals with Intellectual Disabilities. To view rates click on the link below.https://www.dds.ca.gov/rc/vendor-provider/vendorization-process/vendor-rates/
The three biggest reasons why RCFE’s fail
We are all prone to making mistakes as humans. Even in businesses where a single mistake may spell the difference between life and death, mistakes happen. But just because it’s “human” to make mistakes doesn’t make it right. RCFE Administrators, in the case of our aging senior population, have a responsibility to the health and welfare of their residents, who have grown completely dependant …