With a pandemic, staffing woes and operational headwinds serving as the backdrop, the senior living industry has spent the last two years lurching from one crisis to another. In 2023, that must end. That is the belief of HumanGood CEO John Cochrane. As he surveys the industry, Cochrane still sees plenty of operational areas requiring […]
After a difficult 2020 and 2021, the senior living industry seemed to hit its stride in 2022. With occupancy on the rise and a demand wave on the horizon in the form of the baby boomers, 2023 is shaping up to be a crucial year for growth and evolution. That said, the industry has many […]
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 […]
Senior living operators across the country are preparing residents for some of the most aggressive rate increases in industry history, as providers stare down another year beset with higher costs and labor pressures. In the current environment, increasing resident rates often has little to no impact on recovering margin lost during the Covid-19 pandemic. Instead, […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LCS community marks $56M expansion Life Care Services’ Trillium Woods, a life plan community in Plymouth, Minnesota, recently announced a large expansion project representing […]
Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
With more than 140 communities in its portfolio, Frontier Management is putting new construction on the back burner and focusing on controlling expenses in 2022. That’s not to say the company doesn’t have some new communities on the way, and CEO Greg Roderick told Senior Housing News that Frontier expects to break ground on five […]
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Senior living operators are offering employees more control over when and how often they work in an effort to stem a historic labor market. In the wake of the period known as the “great resignation,” employee flexibility is a trend that is impacting much of the workforce, just not senior living. In a survey of […]
By Alex Zorn DigitalBridge Group Inc.’s sales of its wellness infrastructure business, including numerous senior living communities, is complete. DigitalBridge (NYSE: DBRG) — formerly known as Colony Capital —originally announced the sale in September 2021 to an investment group composed of Highgate Capital Investments and Aurora Health Network. DigitalBridge’s wellness portfolio included 118 senior living […]
