The so-called ‘Uber economy’ has created controversy about what the future of various industries will look like—the senior living sector included. Companies such as Uber, Instacart and TaskRabbit now offer alternatives to past ways of offering senior-oriented services, consequently transforming how the older demographic accomplishes everyday tasks, The Washington Post reported. “I’m all for all […]
Category: Management & Operations
Senior Housing News kept readers on top of breaking and innovative senior living industry happenings in 2015. There were new players, new ideas, trend analyses and touching memorials to industry leaders lost this year. Here’s a list of Senior Housing News‘s most popular posts this past year, culminating with the single most-read article of 2015: #10. […]
Senior Housing News will be out of the office this Thursday and Friday, but we’ll return to our regular posting schedule on Monday, Dec. 28. In the meantime, SHN would like to wish our readers a safe and enjoyable Christmas. For now, here are a few of the recent happenings in the senior housing sector. […]
On the heels of the news that the Federal Reserve would aim to increase its benchmark interest rate for the first time in nearly a decade, senior living providers are celebrating higher margins, but remain worried about operational challenges, a new study finds. Cleary Gull, an investment banking, wealth management and institutional advisory company, released […]
Some senior living providers considering adding home health branches may be forging enterprises ripe with labor issues, according to a recent study that revealed deep concerns over labor standards for home health care workers. While caregivers achieved a victory when the Department of Labor ruled this group of workers were entitled to overtime and minimum wage protections, […]
Kindred Healthcare Names Peter K. Kalmey as President of Hospital Division Kindred Healthcare, Inc., the largest post-acute services provider in the country, announced that Peter K. Kalmey is the new president of its hospital division, effective Jan. 1, 2016. Kalmey will be a member of the company’s executive committee. Kalmey succeeds Steven L. Monaghan, who […]
Senior living communities are not alike when it comes to board activities, according to a recent survey released by specialty investment bank Ziegler. Ziegler’s December CFO Hotline poll covered board meetings and activities, measuring how nearly 260 not-for-profit senior living organizations from around the country manage board-related activities. The survey looked at both single- and multi-site […]
Lutheran Homes Society CEO Rick Marshall knows most seniors want to age in place, but he doesn’t let that scare him. Instead, Marshall, who took the helm at the Toledo, Ohio-based senior housing provider in February, is working to make sure his residents can stay wherever they want to, longer—while also keeping the organization’s bottom […]
The senior living sector is increasingly driven by quality, with providers across the board seeking concrete ways to measure it. Such efforts prove worthwhile, too, given that quality closely ties to a community’s profitability. “They’ve always correlated,” Juniper Communities Founder and CEO Lynne Katzmann tells Senior Housing News. “If you do things well, people will […]
The saga continues. The U.S. Securities and Exchange Commission (SEC) announced Dec. 8 that it will review a decision ordering former Assisted Living Concepts CEO Laurie Bebo to pay $4.2 million in civil penalties and prohibiting her from serving in director and officer positions. “[T]he commission will determine what sanctions, if any, are appropriate in […]
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