Former Senior Lifestyle Corp. executive Adam Kaplan is in the process of launching a new senior living company: Solera Senior Living. The company is preparing to launch as a developer of senior living communities in high barrier to entry markets, Kaplan tells SHN. He will serve as CEO of the new company. “Solera is a niche […]
Across the country, there are several examples of universities that have partnerships with senior housing communities. Take Newton, Mass.-based Lasell Village, located on the campus of Lasell College, or the University of Florida, which announced a partnership in 2014 with The Village in Gainesville, in Gainesville, Fla. The partnerships function in different ways and have different […]
Skilled nursing facilities across the United States are expected to see Medicare reimbursements increase by 2.1% in 2017, or a total increase of $800 million from payments in 2016, under the proposed payment rate released by the Centers for Medicare and Medicaid Services Thursday. The increase is based on a market basket increase of 2.6%, […]
With a labor crisis in store that includes a worker shortage and wage pressures ahead, health care organizations are grappling with yet another workforce challenge: the rise of the millennials. Millennials, or those born roughly between 1982 and 2000, comprise the largest generation since the baby boom. Known for being “job hoppers,” “entitled,” and the […]
Senior living sales deficiencies have been identified in the past by mystery shoppers and studies of industry data. Yet providers still struggle in some areas, leading to lower than desired conversion rates and move-ins. A report released this month by customer relationship management (CRM) provider Enquire Solutions points to several missed opportunities based on its […]
Brookdale Senior Living (NYSE: BKD) announced today that Mark Ohlendorf, the company’s president, and Kristin Ferge, the company’s executive vice president and former chief accounting officer and treasurer, will step down in the coming weeks. The company’s CEO, Andy Smith, will assume the role of president and CEO, according to a company press release. The […]
For a market that is no stranger to new real estate development, Azulon at Mesa Verde had an unusually welcome reception when it was in the planning stages of its recent senior living project in Orange County, California. The 55-plus community was first envisioned in 2008 by longtime, family-owned real estate development company M.V. Partners. […]
From reclaimed urban property to blurring the lines between market rate and affordable housing, designers and architects are taking their senior living community plans to new heights. Dozens of communities stacked up in the 2015 Senior Housing News Design Awards, with new construction and renovation projects vying for the titles in each of seven categories: […]
Following the economic downturn, the senior housing market has experienced a strong recovery on many fronts: investment from interested parties, some of whom have not yet before invested in the sector; and a construction boom that has led to new and improved communities. But investors and prognosticators have begun to ask the question: when does […]
Senior living is still trying to find its footing with recruitment at a time when many companies are seeking hospitality professionals and other outsiders help stay on pace with the evolving industry landscape. It has not always been the easiest path for the industry, especially as leaders have worked to recruit new talent based on career […]
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