Value-Based Care Innovator Lifesprk to Acquire Tealwood Senior Living; Bill Thomas to Lead Creation of Operational Model

Lifesprk — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living. The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to […]

More Standardized, Robust Care Practices Still Lagging in Assisted Living

Covid-19 proved, above all, that senior housing is a health care product. As the industry moves toward a post-pandemic environment, however, many assisted living providers still grapple with balancing health care with hospitality. Striking the right balance is imperative as more seniors enter the space with multiple chronic conditions. Assisted living providers with standardized approaches […]

Senior Housing Value-Add Opportunities May Total $5B, Could Grow

One year ago, senior housing mergers and acquisitions activity came to a screeching halt as a result of Covid-19. But there are signs that the M&A landscape will experience a strong rebound in 2021, and the rebound will be spearheaded by a wide range of buyers seeking value-add opportunities as well as stabilized assets. Mergers […]

Welltower CEO: Path to Recovery Includes $480M Embedded NOI Growth, Lifestyle-Driven Consumers Returning

Welltower (NYSE: WELL) CEO Shankh Mitra believes there are some “green shoots” emerging in the company’s U.S.- and U.K.-based senior housing portfolios — but he is also wary of predicting a timeline for pandemic recovery. Still, the real estate investment trust (REIT) released a “Path to Recovery” that identifies $480 million in embedded NOI growth, […]

What Merrill Gardens’ Truewood Launch Means for Middle-Market Senior Living

Almost two years ago exactly, “The Forgotten Middle” report quantified the enormous, imminent demand for senior living at a middle-market price point. Since that time, many providers have set their sights on this part of the market. But most of their early-stage work has been done behind closed doors, with only occasional hints as to […]

The Bottom Line: Springpoint Contends with Wage, Insurance Costs as Occupancy Ticks Up

With communities in New Jersey and Delaware, Springpoint Senior Living was at the epicenter of the first wave of Covid-19 last spring — and the challenges came fast and furious. “It was like drinking from a fire hose,” CFO Garrett Midgett told Senior Housing News. Labor costs skyrocketed, and occupancy dropped significantly from mid-March through […]

Senior Living Referral Streams Thaw, But Some Return Faster Than Others

Referral streams that were frozen at the outset of the pandemic are starting to thaw as pent-up demand returns to the industry. Data from senior living sales companies Sherpa and Enquire, along with firsthand accounts from senior living providers, tell the story that many referral sources are returning to life across the industry as vaccinations […]