Lifespark has bolstered its services in a move aimed at cutting down on unnecessary urgent care and hospital visits and meeting demand for more value-based care arrangements. St. Louis Park, Minnesota-based Lifespark has added in-home urgent response services to its Lifespark Complete program that it has built over the past 20 years, according to Founder […]
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The Memory Care Innovation program is designed to recognize passionate and innovative industry members who are shaping the future of cognitive care across behavioral health, home health and home care, hospice and palliative care, senior housing, and skilled nursing. To see this year’s inaugural Memory Care Innovation Award winners, visit https://innovation.memorycarebusiness.com/. Kelly McCarthy, vice president […]
In 2024, senior living operators are seeking growth with an eye on future demand – no easy feat given challenges in lending and development. For smaller companies, that is an even harder nut to crack. For one, smaller senior living companies often don’t have the cash to buy portfolios of communities or embark on extensive […]
Management Life Care Services to manage Florida community Life Care Services announced it has been selected as the management partner for Amavida, a resort-style senior living community in Fort Myers, Florida. According to a press release, the community was recently purchased by a private investment firm and offers independent living, assisted living and memory care […]
Brookdale Senior Living, Atria Senior Living and LCS have again maintained their top three positions as the largest senior living providers. That’s according to the latest Argentum 150 report, which the industry association released June 26. The report covers the 150 largest senior living providers in the United States, along with highlighting the biggest changes […]
Expenses and other pressures have put non-profit life plan communities in the U.S. in a tough spot. According to Fitch Ratings, those difficulties are still making life hard for the sector. Many of the headwinds making it hard for such life plan communities to pay their debt service – chief among them the cost of […]
A new NIC MAP Vision report has good news and bad news for the senior living industry. The good news is that current penetration and unit absorption rates show the industry is on track to hit 90% average occupancy by 2026. Beyond that, demand is only expected to continue to increase as the baby boomers […]
This article is part of your SHN+ subscription Holly Belter-Chesser has been with Atria Senior Living for 15 years, but becoming CEO has changed her perspective – and she is embracing the leadership transition as an opportunity to “take a fresh look at everything.” She compares the experience of becoming CEO to “putting on a […]
Financings Berkadia, Poppy Bank close over $329 million Berkadia Seniors Housing and Healthcare announced it has worked with Poppy Bank to close on over $329 million of bridge debt in April, May and June. According to a press release, the total includes 12 properties totaling 1,597 units. “We are fortunate to have a longstanding relationship […]
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