How Senior Living Providers are Taking On Wage Challenges

Some of the toughest challenges hitting the senior housing industry this year relate to staffing. And industry leaders are working on navigating different solutions to deal with all of the changes while still keeping their businesses afloat. A few of the largest challenges facing those who run senior housing communities include strategizing around minimum wage hikes and […]

Movers & Shakers — People and Positions for August, Part II

Ohio-Based Otterbein Names New Executive Director at Cincinnati Area CCRC Otterbein Senior Lifestyle Choices has named Bill Wexler as the new executive director at its continuing care retirement community (CCRC) in Lebanon, Ohio, part of the Cincinnati metro area.  Wexler had been chief operating officer since last year at Ohio-based Deaconess Long Term Care, which owns […]

Senior Living Sees Wellness as New Selling Point for Repositioning

Repositioning a senior living community isn’t just about applying “lipstick and rouge” to an distressed property, but rather how a provider can leverage wellness to its advantage to boost occupancies. Repositioning a community shouldn’t revolve around a “build it and they will come” mentality, says Denise Rabidoux, president and CEO of Evangelical Homes of Michigan. […]

Technology Will be Biggest Driver for Senior Living Repositioning

Technology will be the key driver for senior living providers looking to reposition their communities in the future, those going through the process say. Reliance on technology as a differentiator will become increasingly important as they strive to meet the sophisticated demands of the Baby Boomers, according to senior living executives gathered Thursday at the […]

Can Reverse Mortgages Be Used to Finance CCRCs-Without-Walls?

Several senior living communities across the nation have introduced a continuing care retirement community (CCRC)-without-walls model of care, meaning that seniors can remain in their homes and receive the same continuum of care services they’d get had they moved into a traditional community, using a similar contract structure. While most people entering a traditional CCRC […]

Innovation in Senior Housing—Necessary, But Not for the Faint of Heart

The senior living industry is in the midst of a “perfect” storm—global aging, healthcare reform requirements, threatened entitlement programs, and substantially lowered home values—that requires a culture of innovation in order to thrive, writes Michele Holleran, the founder of research firm Holleran and consultancy firm DeArment Consulting, in a recent white paper. That storm isn’t […]