1,000-Bed CCRC Henry Ford Village Files for Bankruptcy Amid Covid-19 ‘Perfect Storm’

Henry Ford Village, a 1,038-bed nonprofit continuing care retirement community (CCRC), has filed for Chapter 11 bankruptcy protection. The spectre of financial distress has loomed over the senior living industry since Covid-19 began sweeping across the United States last spring, placing providers under enormous operational and financial pressure. Providers that were strained prior to the […]

Confessions of an Owner/Operator: Resident Voices Lost in Pandemic Response

“There’s a limited number of operators that get it. And getting it means really understanding the needs of people moving into the building and creating resources to meet those needs.” That’s according to one veteran owner/operator, who spoke with Senior Housing News for this installment of “Confessions.” The goal of this series is to share […]

New Welltower CEO Commits to Strategic Direction, His Biggest Concern Eases

Welltower (NYSE: WELL), the nation’s largest owner of senior housing properties, will not be changing its strategic direction under its recently named CEO, Shankh Mitra. “Many of you have asked me if our strategy will change going forward — the answer to that question is an emphatic no,” Mitra said Thursday during the Toledo, Ohio-based […]

Problem Solvers: Keeping Senior Living Staff Engaged Despite Covid Fatigue

The Covid-19 pandemic has created myriad problems for senior living providers. But these problems are not insurmountable, and companies across the industry are devising creative solutions. In this series, we’re surveying industry leaders to highlight these actionable solutions. With Covid-19 surging in markets around the country, we kick off the series by asking: How do […]

How Senior Living Providers Can Combat ‘Evaporating’ Sense of Purpose Among Workers

Senior living workforce challenges mounted over the course of the summer, with employee engagement falling and turnover increasing.  That’s according to data gathered by Activated Insights from about 250,500 senior living and care employees. Activated Insights is the senior care division of Great Place to Work, the organization that puts together the annual Great Places […]

Medicare Advantage Milestones: Perennial Consortium, UCare Bring Senior Living Plans to Market

The fall open enrollment period for Medicare Advantage (MA) plans is now underway, and this year marks two milestones demonstrating the ongoing integration between MA and senior living. With the start of the enrollment period on Oct. 15, a group of senior living providers known as the Perennial Consortium began to enroll the first beneficiaries […]

Aegis Adapts to Shifting Development Landscape, On Track to Double Portfolio Size

The Covid-19 pandemic has created impediments to development, but Aegis Living is still on track to double its portfolio size within a decade. The Bellevue, Washington-based assisted living and memory care provider currently has 32 communities in operation and eight under development. So, about three communities need to be added each year for the next […]

Assisted Living Providers Confused, Concerned About Retaining Federal Relief Funds

Assisted living providers are concerned about their ability to retain federal relief funds due to changes in reporting requirements, and industry associations are urging the Department of Health and Human Services (HHS) to address the situation. Argentum and the American Seniors Housing Association on Monday sent a joint letter to HHS Secretary Alex Azar regarding […]