This week, SHN readers tuned into the latest quarterly performance from the nation’s largest operator, Brookdale Senior Living, as well as how one provider is overhauling its downtown CCRC. Readers also tapped into CCRC referral strategy and a deal that will create a massive post-acute staffing resource.
SHN Most Read
Brookdale’s Occupancy Woes, Integration Troubles Continue—Following the largest merger in senior living operations history, Brookdale Senior Living has experienced some growing pains. Those troubles, stemming largely from integration of Emeritus properties, are still ongoing, according to an earnings report from Brookdale this week. Occupancy has suffered as a result.
Inside the Multi-Million Dollar Makeover of The Clare—Just a few years ago, Chicago’s The Clare CCRC was known for one of the largest bond defaults of 2011. Today, it’s making a turnaround, starting with a multimillion-dollar renovation of its 53-story high rise senior living community in Chicago’s exclusive Gold Coast.
How CCRCs Drive Referrals by Courting Seniors’ Financial Planners—CCRC operators understand the complexities involved in the entry-fee model, and it’s a major point of discussion in their sales process. Now, many are turning to financial planners who work with prospective residents, and they’re finding them as allies in the process.
$1.6 Billion Deal Creates Behemoth in Post-Acute Staffing—One of the nation’s leading providers of staff clinicians in post-acute settings, IPC Healthcare, has been acquired by TeamHealth Holdings in a $1.6 billion deal that promises to make waves in the post-acute staffing space.
Hitting the Gym and the Trails, Looking to Extend the Golden Years. It’s not the sole selling point for senior living, but fitness and wellness programs are becoming increasingly essential in senior living communities, along with state of the art equipment, high-end workout facilities, and full-time personal trainers and fitness coaches. The trend mirrors a national one, reported in the New York Times this week, on seniors as the fastest-growing population segment to join gyms and take fitness head-on.
For Your Viewing Pleasure
“Teeniors” takes on seniors with smartphones event. An organization established to pair teens and seniors to benefit both recently launched an event to train the older population on use of their smartphones. Watch the video coverage by Albuquerque’s KRQE.