The Covid-19 pandemic put some senior living expansion projects on ice earlier this year, but some companies continue to expand and even see greater opportunities for growth. Among these are two regional providers that have found success providing a continuum of care for seniors. Danbury Senior Living recently began accepting reservations for new independent living […]
Trilogy Health Services has invested millions into employee education and retention — a process that continues as the coronavirus pandemic surges across the country, CEO Leigh Ann Barney told Senior Housing News. The Louisville, Kentucky-based owner and operator is partnering with two colleges to provide continuing education opportunities for its workforce. First, Trilogy employees and […]
Like the senior living industry at large, Artis Senior Living followed guidance from the Centers for Disease Control and Prevention (CDC), as well as state and local public health departments, in responding to the coronavirus pandemic. But the information from those agencies was fluid in nature, and often contradictory. So Artis decided it needed a […]
About 60 days ago, leaders at Cedarhurst Senior Living came to a realization, causing them to shift from crisis response to restarting enterprise growth on a foundation of operational stability. “We need to embrace the world we’re in and figure out how to operate within it, or fall behind and lose opportunities,” CFO Stephen Wertman […]
Pathway to Living was ready to receive its first move-ins at Aspired Living of LaGrange, a 117-unit assisted living and memory care community in LaGrange, Illinois, in early April. Construction was completed. The facility received a provisional license from the Illinois Department of Public Health. Then the coronavirus pandemic intensified across Illinois, forcing the owner […]
Five months after Covid-19 reached U.S. shores, reality is sinking in about how long senior living communities will have to remain on a pandemic footing. For Lake Oswego, Oregon-based Eclipse Senior Living, one of the key areas of focus right now is “pushing a recalibration,” to help associates shift from the “sprint” of immediate crisis […]
Juniper Communities was an early proponent of widespread Covid-19 testing in senior living — but testing doesn’t come cheap, either. The Bloomfield, New Jersey-based provider spends about $100,000 each week on Covid-19 testing, according to Founder and CEO Lynne Katzmann. That has allowed the company to baseline test its residents and associates, and in turn […]
While Brookdale Senior Living’s (NYSE: BKD) occupancy and revenue have dipped substantially since the Covid-19 pandemic began, several recent moves have helped put it on firmer financial footing. The Brentwood, Tennessee-based company’s average occupancy rate hit 76.6% at the end of July subsequent to shedding 430 basis points in the second quarter of 2020, sequentially. […]
Senior living providers have succeeded in recruiting displaced hospitality workers during Covid-19 — but some positions are harder to hire for than others. Just ask Adam Kaplan, founder and CEO of Solera Senior Living, a Denver-based senior living provider with three senior living communities under management today and another six in the works. In March, […]
Assisted living providers have been largely overlooked by the government’s financial support programs during Covid-19. Even Gardant Management Solutions — a large provider with significant Medicaid revenues — had to wait a long time for federal aid. The provider had to wait until early July to apply for assistance through the $15 billion CARES Act […]
