The Healthcare Side of Senior Housing

At one time, the term “senior housing” conjured up visions of nursing homes filled with elderly people who did little but sit around. These days, the nursing homes are still around, but they’re more than, as Caddis Partners LLC’s Jason L. Signor points out, places where people go to die. Signor, CEO of Dallas-based Caddis, recently participated in an interview for Real Estate Forum’s senior housing article, and explains that senior housing, in general, describes a broad spectrum of housing options for older people. For example, there are huge differences between assisted living and skilled nursing, even if both of these types of housing offer similar services. “The reimbursement model is different,” he says. “People call them nursing homes, but they might not be true nursing homes. It might be skilled nursing. Or it might be a nursing home billing Medicaid. There are a lot of differences.” Caddis Partners is a healthcare real estate developer that introduced its Heartis assisted living brand to the marketplace this past year. www.GlobeSt.com

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