Monday Refresh: Kindred and Genesis Partner, Financing Optimism

Check out what you missed in senior housing news last week. From a collaboration between two big players in the industry to an optimistic outlook on financing this year, last week was packed with updates.

Here in the newsroom, we had our faith in humanity restored when a 93 year-old woman was surprised on her birthday, and here in Chicago an intergenerational home is challenging the idea of what senior living looks like.

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Kindred, Genesis Form ‘Groundbreaking’ Post-Acute Collaboration— Leaders in post-acute care, Kindred Healthcare (NYSE: KND) and Genesis HealthCare (NYSE: GEN), are partnering up for a clinical collaboration. The collaboration hopes to improve data tracking and patient outcomes, among other things.

New York Times: Crisis Looms for Senior Housing— There are not many assisted living options for seniors in the middle class, The New York Times reported. There are plenty of options for the ultra-wealthy and those with very little money, but what about those who fall in the middle?

How Providers Can Meet the Memory Care Design Challenge— Alzheimer’s and other dementias are impacting seniors more and more each year, but memory care facilities don’t have to be institutional-looking. They can be inspirational homes to help those with memory impairments live happy, meaningful lives. Experts discussed options in memory care design in a recent webinar held by Perkins Eastman.


3 Reasons For Optimism In Senior Housing Finance in 2017— Experts in senior living finance weighed in on what they predicted will be some trends in financing this year. Even with the uncertainty of a new administration, they believe there are three reasons to have a positive outlook on the year.

Fun Stuff

Firefighters Turn Up Heat for Birthday Surprise— Betty Hunter’s 93rd birthday was one to remember when three firefighters from Littleton Fire Rescue in Littleton, Colorado, made a surprise visit at Highline Place Memory Care to celebrate and present Betty with a birthday cake, Centennial Citizen reported.

Recommended SHN+ Exclusives

Toddlers And Seniors Live, Eat and Play Together At Intergenerational Home— Located in Rogers Park in Chicago, a home for seniors and children alike is gaining traction even among millennials, DNAinfo Chicago reported. The building on Chicago’s North side has 54 units and current residents range in age from 1 to 92. Of those residents, 41 are 55 and older.

Written by Alana Stramowski

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