By: Sloane Airey It’s still not clear how the incoming administration of President Donald Trump will affect the senior living industry – but memory care experts are optimistic that his aging voter base could mean bipartisan support for Biden-era programs and initiatives. The latest Trump presidency coincides with the country’s largest age cohort – the […]
New Partnership to Fuel Financial Innovations, Delivering Flexible Solutions to Operators and Families Sunbound, a leader in finance solutions for senior living, announced an investment from Live Oak Ventures, a wholly owned subsidiary of Live Oak Bancshares, to fuel innovations that support operators and families. This partnership strengthens Sunbound’s mission of enhancing financial stability for […]
TAMPA, FL — CORE Construction has officially begun work on The Gallery at South Tampa, an exceptional new senior living community designed to offer multiple care options, including Independent Living, Assisted Living, and Memory Care. Spanning an impressive 240,613 square feet, this thoughtfully planned campus is rich with amenities. Residents will enjoy casual dining options, […]
By: Courtney Ryan For the last few years, the senior living industry has faced high construction costs and financing hurdles, slowing the development of new projects and communities. The memory care sector has been no exception. In the past, many operators would use each new community as a new blueprint for evolution or innovation. Given […]
By Courtney Ryan Some memory care operators are preparing for new demand in 2025 and beyond with marketing strategies centered on educational content and evidence-based information. In a market where misinformation is rampant, especially online, operators including Sonida Senior Living (NYSE: SNDA) and Bella Groves are trying to cut through the noise to reach individual […]
By: merritt k It’s no secret that memory care and senior living operators are preparing for a big influx of new residents. With regard to demand ahead, “the sky’s the limit,” Sonida Senior Living (NYSE: SNDA) CEO Brandon Ribar told Memory Care Business earlier this year. But operators’ growth plans hinge on how well they […]
By: Sloane Airey The memory care industry is walking a delicate balance in 2024 between innovating and “backsliding” on important testing and treatment advances. As the industry grapples with newly approved drugs, technology built on artificial intelligence (AI), and a rapidly aging population outstripping the country’s supply of care, memory care providers are juggling leaning […]
By Amy Stulick The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) is slated to have a new president and CEO this fall: Clifton J. Porter II. Porter will be the first African American to fill the role in AHCA/NCAL’s 75-year history. He currently serves as the senior vice president of government relations […]
By Sloane Airey The idea of creating memory care villages gets a lot of ink – but not too many bricks. Ever since the opening of the memory care village “Hogeweyk” in Weesp, Netherlands, there has been no shortage of news coverage about how operators in the U.S. could learn from it and potentially adapt […]
By: Lara Unnerstall The pandemic. The “great resignation.” And now, in 2024, a tight labor market. All of these health and economic forces have hit senior living operators hard, with those in memory care feeling the pain both acutely and cumulatively. Unfortunately, the problem isn’t going to go away overnight. Recent projections say many more […]
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