3 Must-Have Technologies to Maximize Senior Housing Revenue

by Christian Sweetser Every business sector is searching for the opportunity to increase revenues. One solution that is currently being embraced by seniors housing is the eponymous revenue management approach pioneered by the airline industry in the 1970s. The computerized/mathematical functioning of the model is complex, but the concept is simple: by carefully orchestrating pricing […]

Column: Achieving Healthcare’s Triple Aim with Remote Monitoring

Enhancing care experience and outcomes, improving population health and reducing costs is healthcare’s “Triple Aim,” a concept introduced by the Institute for Healthcare Improvement to help navigate a shift in focus from “health care” to “health optimization.” When it comes to achieving these laudable objectives, anecdotal experiences and data emerging from several pilot programs led […]

Technology’s Role in the Top Senior Housing Trends

Reading the recent Top 10 Trends in Senior Housing for 2014, I was hit with the realization that the rapid evolution of remote monitoring has positioned the technology to neatly address the majority of Senior Housing News’ predictions for the coming year. The reason is simple: remote monitoring enables seniors to safely live as independently […]

Selling Your Senior Living Community: 7 Ways to Ensure a Faster Closing

Over the past several years, the senior housing market has seen meaningful consolidation as national and regional providers seek to acquire market share and gain efficiencies. Indeed, large portfolios have traded, and in 2013, there were a record number of non-portfolio transactions, as acquirers focused on the highly fragmented markets of regional and local senior […]

Opinion: Why We Can’t Ignore College-Based Senior Cohousing

This column was contributed to Senior Housing News by Charles Durrett and Bernice Gonzalez of McCamant & Durrett Architects, The Cohousing Company Historically, “aging in place” meant that seniors spent their elder years in the home where they had lived and raised their children, and where extended family members could care for them. Families remained close by and often […]

Challenges Facing the Surging Demand for Affordable Senior Housing

Industry and demographic statistics from credible sources—the Bipartisan Policy Center, U.S. Census Bureau and National Investment Council, to name a few—point to sustained and significant demand for senior housing in Chicago, the Midwest and across the country. It is the type of demand and the resultant enthusiasm that could potentially fuel a “build it and they […]

HUD Makes Affordable Senior Housing Program More Attractive for Nonprofits

Changes have been afoot with the Department of Housing and Urban Development’s loan program for housing for low-income seniors that have made it more attractive for nonprofit property owners to prepay and refinance their existing loans during the current low interest rate environment, writes Lancaster Pollard. Modifications in Housing Notice 2012-08 apply to owners of […]