Some of the nation’s largest insurance companies might acquire senior living providers in the years ahead, in a quest to more effectively manage the health and wellness of their Medicare Advantage (MA) beneficiaries and keep costs in check. That was an idea floated Tuesday by Eclipse Senior Living CEO Kai Hsiao and former U.S. Health […]
More women hold senior management positions in senior living than in other U.S. industries, but that does not hold true all the way to the top executive roles. Specifically, about 70% of senior management positions in senior living are held by women, compared to an average rate of about 56% of these positions being held […]
Recently finalized Medicare Advantage (MA) policy changes will likely bring more telehealth services to senior living communities. Under the new policies, finalized on April 5 by the Centers for Medicare & Medicaid Services (CMS), Medicare Advantage plans will be allowed to cover telehealth services that originate from beneficiaries’ homes — such as an independent living […]
With shiny new supply flooding various markets around the country, senior living communities must make a good first impression on prospective residents, or they will quickly lose customers to the competition. In this environment, providers are wise to invest in stellar model units and to focus on reception and common areas that prospects first encounter. […]
In an effort to win over the next generation of senior living residents, providers are beginning to rethink traditional models such as the entrance-fee continuing care retirement community (CCRC). One new alternative — the “micro-CCRC” concept being developed by Wilsonville, Oregon-based Avamere Companies — has encountered some construction delays but is on track to hit […]
Senior housing is at an inflection point, and providers that are in denial about this likely won’t survive as the industry enters its next phase. “Our industry is maturing, it’s becoming an accepted real estate asset class. And if that’s the case, there’s always going to be a new building, and there’s always going to […]
Some senior living providers that have succeeded on a private-pay model with robust margins are now starting their own Medicare Advantage insurance plans — diversifying into a complicated business with much thinner profits. There is no simple explanation for why organizations such as McLean, Virginia-based Sunrise Senior Living and Bloomfield, New Jersey-based Juniper Communities are […]
With building activity slowing down in assisted living and memory care, there is a push to create more active adult and affordable senior housing. That’s according to David Dillard, principal with D2 Architecture, a firm that specializes in senior living. Following years of more intense activity, the landscape has shifted, Dillard told Senior Housing News […]
Life Care Services has continued to hone its focus on wellness throughout its large portfolio of continuing care retirement communities (CCRCs), also known as life plan communities. That effort appears to be paying off, according to findings from the Age Well study. Results from the first year of the five-year study were released in January, […]
A company with the scale of Brookdale Senior Living (NYSE: BKD) must pay close attention to its dining programs. Culinary offerings are a huge driver of resident satisfaction but also a cost center for communities, and so dining leaders must strike a delicate balance to please palates at the local level without breaking the bank. […]