What Senior Living Can Learn from Amazon’s Hot Holiday Gift

Technology providers need to focus less on the hardware and more on building software into the latest cutting edge technology already out there. Instead of talking to an avatar dog, seniors can now use cutting edge tools like Amazon’s Alexa—the tech behind some of the biggest sellers this holiday season. That’s according to Laurie Orlov, […]

[Update] Ventas to Spin off SNF REIT, Acquire Ardent Health for $1.75 Billion

Ventas, Inc. (NYSE: VTR) announced early Monday morning it will acquire Ardent Health Services, Inc., one of the 10 largest for-profit hospital companies in the U.S., for $1.75 billion in cash. Owned by private equity funds, Ardent owns and operates leading health systems across the U.S. and generates approximately $2 billion in annual revenue with more than half coming from private […]

[Update] Brookdale and HCP to Acquire 35 Chartwell Communities for $849 Million

Brookdale Senior Living Inc. (NYSE: BKD) and HCP, Inc. (NYSE: HCP) have entered into a definitive agreement to acquire 35 private pay senior living communities from Chartwell Retirement Residences for $849 million. The properties — which represent the entirety of Chartwell’s U.S. portfolio — will be acquired using a RIDEA joint venture structure with HCP and Brookdale owning 90% […]