Around 2017, a cardiothoracic surgery nurse at New York Presbyterian Hospital in New York City noticed that an inordinate number of patients who underwent surgery experienced a notably high number of adverse health outcomes. The reasons behind these outcomes were initially unclear, and they would be potentially hard to glean unless someone was monitoring that […]
Category: Technology
The senior living industry is trending toward pre-pandemic norms — or at least, its priorities in technology are. That’s according to a new report from Chicago-based investment bank Ziegler. The report, released Monday, includes responses from representatives of more than 150 organizations. The new report identifies top areas of investment and lends evidence to the […]
ShiftKey, a tech platform that connects senior care professionals looking for work with employers, has a new $300 million cash infusion that will move the firm forward towards its next phase of growth. Dallas, Texas-based ShiftKey offers a platform where licensed health care staff including registered nurses, certified medical assistants and clinicians can search for […]
Senior living operators have radically changed the way they operate over the last few years. Looking ahead, it’s clear there are more changes to come as the industry sits at a crossroads between recovery and stagnation. The shift in the industry since the height of the pandemic has created a multitude of opportunities and challenges. […]
Senior living companies — and other providers serving older adults — must raise their games to succeed within a new health care paradigm, as payers and consumers demand a more integrated continuum. “We all have to compete, and we all have to play harder,” Dwight Brown, CEO of Homebase Medical, said last week at Aging […]
A group of senior living industry stakeholders are backing a new referral company aiming to match prospective residents with communities in the same way an online dating service might. The new service, Referah, officially launched Tuesday. Unlike other more traditional lead aggregator services, the service is meant to give operators a smaller stream of more […]
Hospital systems across the United States are pursuing strategy shifts that are starting to reshape senior living market dynamics and suggest new operating models. Health system ProMedica shed nearly all of its skilled nursing facilities while holding onto its private-pay memory care portfolio, in a recently announced deal involving Welltower (NYSE: WELL). And about two […]
1Konnection, a matchmaking platform to facilitate senior living and health care deals, has gained traction with a sizable user base and recently named a former Amazon Business employee to its leadership as the company prepares to expand its reach and offerings. “In the next few months — the next few quarters — we’re releasing a […]
Private equity firm Rubicon Technology Partners has purchased a controlling stake in three well-known senior living technology and data analytics companies in a move aimed at creating the industry’s first “comprehensive, scalable end-to-end software solution.” Glennis Solutions, the firm launched as a subsidiary of Atria Senior Living; Enquire and Sherpa CRM are joining forces under […]
Retail and technology giant Amazon (NYSE: AMZN) is reportedly jettisoning its telehealth and in-home care platform. The company this week internally announced that it will shut down Amazon Care by the end of the year, according to a memo shared with The Washington Post, which is owned by Amazon Founder Jeff Bezos. The move comes […]