Newly formed operator Pegasus Senior Living is trying to accomplish a difficult feat right out of the gate: taking over a portfolio of 36 underperforming properties from Brookdale Senior Living (NYSE: BKD) and turning them around in a tough operating environment. To accomplish this, Pegasus co-founders Steven Vick and Chris Hollister say that their extensive […]
Senior Star, Sunrise Senior Living and an Erickson Living continuing care retirement community (CCRC) are among the top 50 senior housing workplaces in the U.S., according to a new list focused on the aging services sector from Fortune magazine research partner Great Place to Work. The first-ever list, which is currently available online and is set to be published […]
Technology and innovation are double-edged swords in the senior living industry. Adopt something new too quickly, and you could be left holding the pieces if it fails. On the other hand, those who are too slow to embrace new ways of doing things could find themselves at a competitive disadvantage in a hurry. But, there […]
St. Charles Hospital in Aurora, Illinois, was a skilled nursing facility when it shut down in 2010, the same year the Art Deco building was added to the National Register of Historic Places. The building gained a new lease on life last year when Evergreen Real Estate Group completed a $24 million repurposing of the […]
Some senior living providers need to both shift their mindset and implement new technology, or they will miss an emerging opportunity to partner with Medicare and Medicaid managed care plans and could be behind the eight-ball for years to come. In managed care, private-sector insurance companies receive federal and/or state funds to create benefits packages […]
Caring for older adults living with Alzheimer’s is not getting any easier, but there are some innovative person-centered care programs and tools that could aid senior living providers in enhancing the wellbeing of residents living with the incurable disease. And they couldn’t come at a better time. An estimated 5.7 million Americans currently live with Alzheimer’s, […]
The continuing care retirement community (CCRC) sector has been on a roll, with a strong economy bolstering seniors’ ability to sell their homes and pay entrance fees. But even in an overall hot market, two nonprofit communities are standout performers, being the only CCRCs to currently hold an A+ credit rating from Fitch. There were […]
In a fiercely competitive senior living landscape, it’s more important than ever for providers to have effective and cost-efficient marketing. Atria Senior Living has won numerous awards for the quality of its marketing materials, and the company credits its in-house approach, which includes a full-service print shop and video production studio at its Louisville headquarters. […]
While assisted living communities and home care agencies frequently collaborate, successfully forging those kind of relationships can be difficult. It’s for this reason that leaders from two Midwestern assisted living communities provided insight into how and when they partner with home care agencies Wednesday during the fifth annual 2018 Private Duty Symposium, organized by LeadingAge […]
Sunrise Senior Living is launching a 12-month trial in some of its U.K. communities, testing a type of dementia therapy that is gaining increasing recognition for effectiveness. The approach, if successful, could be integrated into the company’s memory care practices in the United States as well. The trial is being conducted by the University of […]
