Ascension Living has a new CEO: Erin Shadbolt. On Tuesday, St. Louis-based Ascension Living named Shadbolt to its top leadership role. She previously joined the organization in 2022 and since then has held various roles, including chief nursing officer of post-acute and at-home services and interim COO. Ascension Living had previously named Christopher Caserta to […]
Welltower (NYSE: WELL) is seeking additional capital with which to pay down loans and invest in new senior housing assets. The Toledo, Ohio-based real estate investment trust (REIT) on Monday announced that its operating company, known as “Welltower OP,” has launched a new $750 million private placement offering. The initial purchasers also have an option […]
Sonida Senior Living (NYSE: SNDA) has announced the addition of eight new senior living communities as part of two joint-venture agreements. The Dallas-based senior living operator on Tuesday said the communities were added in May and July. All told, the company is adding 790 units of independent, assisted living and memory care units. The JVs […]
This article is part of your SHN+ subscription Private equity’s role in health care has been a hot topic in 2024, due to situations such as the collapse of Steward Health Care. This week, PE is on my mind, as I spoke with a researcher on the issue of private equity in assisted living, new […]
The Memory Care Innovation program is designed to recognize passionate and innovative industry members who are shaping the future of cognitive care across behavioral health, home health and home care, hospice and palliative care, senior housing, and skilled nursing. To see this year’s inaugural Memory Care Innovation Award winners, visit https://innovation.memorycarebusiness.com/. To become a Memory […]
Changemaker in leadership development Chris Guay is the founder and CEO of Vitality Living. Guay started in the senior living industry in 1999, and has continued to maintain an interest in creating value and quality for residents and staff alike. Guay said he strives to help people through his work at Vitality Living. In this […]
Changemaker in operational technology Justin Dickinson is co-founder of Evolve Senior Living, an operator that launched in 2023. As a Changemaker, he strives to elevate the quality of care for senior housing operators. Dickinson has over 15 years of experience in health care and said he enjoys positively impacting the lives of his residents. In […]
This article is part of your SHN+ subscription Global retailer of furniture and home goods Ikea faced a turnover problem in 2022 and 2023 that many senior living operators can sympathize with – and operators also can learn lessons from how the global furniture and home goods giant responded. It’s an apt moment to focus […]
It’s not uncommon to see senior living residents lining up well in advance of their usual mealtimes, a phenomenon known as “compression dining.” Although it’s not the top issue that senior living communities face on a daily basis, compression dining is an issue for senior living dining programs. For one, serving many residents at once […]
Ventas (NYSE: VTR) has a runway for growth in North America and the U.K. – but opportunities to expand in the U.S. are “exceptional right now,” according to CEO Debra Cafaro. “This is one the first times in my career where I’ve seen high going-in cash yields on quality assets in good markets that also […]