Coming out of the Covid-19 pandemic, senior living operators may be more motivated than ever before to promote resident health and wellness, and there is a growing body of evidence that the way communities are designed and built plays a key role in supporting this goal. “I think this next generation of seniors is not […]
Blake Management Group (BMG) has named Scott Hames as its new COO. The appointment comes off a period of change for the company, including a split with one of its co-founders and the recent departure of its CEO, who joined one of its capital partners. Hames, who assumed the COO role in August, previously worked […]
In the past six months, many U.S. senior living providers have watched their revenues dry up as their expenses skyrocket. But that doesn’t mean there aren’t tools available for them, either. On the expenses side, there are avenues for controlling costs in the budget even as testing, personal protective equipment (PPE) and labor costs become […]
Covid-19 has changed the state of play, but that doesn’t mean other long-term forces have stopped shaping the senior living industry. In addition to a deadly pandemic, senior living providers must also contend with the evolving preferences of the baby boomers, along with the lingering effects of recent supply-demand imbalances in markets across the country […]
Capital Senior Living (NYSE: CSU) Executive Vice President and CFO Carey Hendrickson is making his exit. Hendrickson is leaving the Dallas-based senior living operator to work as CFO of U.S. Physical Therapy (NYSE: USPH), a Houston-based operator of outpatient physical therapy clinics, according to a press release. He is set to remain CFO of Capital […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned Atria, Related Cos. Project Planned in New York State Atria Senior Living, Related Companies and KOSL Building are seeking to […]
Senior living providers are spending much more on technology during Covid-19, even if many of them are also not sure what they’ll do with it in the future. Those are among the findings of a new survey conducted by Senior Housing News in partnership with global health technology firm Philips. The survey — conducted online […]
The ongoing Covid-19 pandemic is dismantling a long-held notion among some senior living providers that health care is not their domain. That doesn’t mean senior living providers need to abandon hospitality-driven models altogether. But it does likely mean they need to rethink how they coordinate care within their communities, according to Nexus Insights Founder and […]
Grace Management is preparing for an active year ahead, as its President Guy Geller believes that proven operators will have opportunities despite ongoing operational and financial pressures from the Covid-19 pandemic. The company — a wholly owned subsidiary of CPF Living Communities — anticipates closing on a new acquisition this month, with more expected opportunities […]
Balfour Senior Living has hired Trip Riggs as its first-ever CFO. Riggs joins the Louisville, Colorado-based senior living provider from Vail Resorts Hospitality and Vail Resorts Real Estate, where he worked as divisional CFO. His prior experience also includes working in operations, hotel ownership and development, and public accounting. In taking on his new role, […]
