In the last month, a number of reports have provided data points that shed light on what the future holds for senior living. These reports have included an update on the middle market opportunity, a definition of the active adult rental sector, a breakdown of health conditions and spending among residents, a deep-dive into memory […]
Insurance giant Genworth (NYSE: GNW) has teamed with serial entrepreneur Timothy Peck on a startup meant to redefine the way older adults connect with housing, services and care. Currently, when older adults and their loved ones are in need, they must start to navigate a system that is “fragmented,” “dizzying,” “overwhelming” and “unfair,” Peck told […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Tyler Witges, president of diagnostics at EmpowerMe Wellness, has […]
Brenda Connelly and Erin Shvetzoff Hennessey have dedicated nearly their whole lives to senior living and care, and they both believe the sector has reached an inflection point. “We’re just entering a reinvention stage,” Connelly told Senior Housing News at the recent National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. […]
At the start of 2022, I argued that senior living industry giants were facing a defining year. As we enter the fourth quarter, I anticipate that there are some big moves still to come from some of the largest operators in the sector — driven by new leaders at some companies, and driven at other […]
The senior living industry is in a tough spot and will be for the immediate future, facing challenges that could impede longer-term success unless more innovation flourishes across the sector. This is one of my main takeaways from last week’s National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. The good […]
Eagle Senior Living has completed a financial restructuring to emerge from Chapter 11 bankruptcy protection. The company formed in 2018, through the acquisition of 16 communities formerly operated by Brookdale Senior Living (NYSE: BKD). But occupancy and cash flow challenges were “greatly exacerbated” when the Covid-19 pandemic hit, according to court documents, and the company […]
September has started with blockbuster health care news that carries major implications for the older adult market — and, by extension, the future of senior living. Giants of retail and insurance are behind the latest headlines: CVS Health — parent company of Aetna — is to acquire Signify Health in a transaction valued at about […]
Generations, LLC is bringing Blue Zones to one of their locations to explore the vision and opportunity* for a Blue Zones transformation in their senior living communities. The collaboration could help drive several industry trends, including a heightened focus on wellness as well as value-based payment models. The concept of “blue zones” rose to prominence […]
Last week, news broke that entrepreneur Adam Neumann — of WeWork fame, or infamy — now wants to transform residential real estate. And he has $350 million from Andreessen Horowitz backing his venture, dubbed Flow. Details about Flow are sparse, and WeWork’s tailspin made Neumann look more like a pariah than a visionary. Still, I […]
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