One of the nation’s leading providers of staff clinicians in post-acute settings has been acquired in a blockbuster transaction, providing the latest dramatic example of how hospital-based care is more closely aligning with assisted living, skilled nursing and home health. TeamHealth Holdings Inc. (NYSE: TMH) is buying IPC Healthcare Inc. (Nasdaq: IPCM) in the all-cash […]
Brookdale Senior Living (NYSE: BKD) has experienced its share of growing pains after acquiring Emeritus last year. And now, three full quarters since, the nation’s largest senior housing provider continues to see some near-term shortfalls due to integration challenges—namely, turnover of communities’ management staff and ineffective marketing campaigns. In the second quarter ended June 30, […]
Senior living in the United States isn’t cheap, and average prices have been rising each year. And with with continuing care retirement communities (CCRCs) in particular having hefty price tags, these senior living providers increasingly may find financial planners to be invaluable referral sources. The typical entry fee for a CCRC can be a six-digit […]
The impact of high staff turnover can reverberate throughout a senior living company—from costing providers millions of dollars to affecting crucial relationships between caregivers and residents. While many companies focus on helping staff maintain and develop new technical skills, little is done to promote team building and further develop leadership skills among executive staff, LeeAnn […]
Imagine: A ranch-style home in an average Midwest neighborhood converted into a small community where residents receive personalized memory care for a fixed monthly price from the same caregiver every day. Now expand that concept to encompass up to 12 homes, all in a central area, but each with a unique look and feel that […]
While some areas of the country may be overbuilt, there continues to be seniors housing demand in a number of primary and secondary markets. Yet, even in these localities, it’s essential for developers to be selective in where they pursue projects, as there can be both areas of opportunity and some that are not positioned […]
Senior living design is a balancing act: Providers must create communities to suit the markets where they are today, but also position them with an eye toward a future that is in many ways uncertain. With an approach that emphasizes longevity and timelessness, that can be achieved. Gone are the days when communities used dated finishes, […]
With more than 50 years of combined senior living experience, industry veterans Brad Haber and Brian Cloch assure that their newly formed post-acute care provider, Innovative Health LLC, will be anything but amateur. What’s the Rosemont, Illinois-based company’s strategy? To own and operate post-acute health care assets and collaborate with municipalities, hospital systems, accountable care organizations […]
Amenities can help senior living providers differentiate themselves from their competition, but they can also leech revenue and silently drain cash flow if not priced adequately. And the issue might only become more pressing given the market: Senior living providers today are tasked with providing the best quality of care and services to their residents, […]
Last month’s record-setting disposition price for a portfolio of skilled nursing facilities (SNFs) may be a bellwether, signaling that more senior living players may soon be paying premium prices for post-acute assets, a recent analysis suggests. Sabra Health Care REIT, Inc. (Nasdaq: SBRA) in late June agreed to acquire four SNFs in Maryland for $234 […]
