After Rebranding, EveryAge Targets Middle-Market Senior Living and Home Health Growth

EveryAge has some ambitious plans, as the senior living and aging services provider celebrates its 50th anniversary. Last month, the nonprofit – formerly known as United Church Homes and Services – completed a rebranding in conjunction with its golden anniversary. The new corporate identity goes beyond the company’s beginnings as a faith-based provider to be […]

ProMedica Senior Care President: ‘Healthcare Redefined’ Will Address Social Determinants, Include Senior Living Communities

Health system ProMedica — which operates a large portfolio of senior housing and care communities — is launching a new initiative that it hopes will create a paradigm shift in how people, including older adults, receive care and improve quality of life. The Healthcare Redefined Initiative, announced last week, takes a data-centric approach to health […]

Brookdale-HCA Home Health JV Selling Assets in 22 States to LHC Group

Joint venture partners Brookdale Senior Living (NYSE: BKD) and HCA Healthcare (NYSE: HCA) are selling home health, hospice and therapy agencies across 22 states to LHC Group (Nasdaq: LHCG). Financial terms of the deal were not disclosed, but Lafayette, Louisiana-based LHC expects $146 million in annualized revenue from the acquisition, according to a press release […]

Choose Home Care Act Presents Senior Living Opportunities, Draws Skilled Nursing Backlash

A bill introduced last month in the United States Senate would allow in-home care alternatives to skilled nursing facilities and poses substantial ramifications for private-pay senior living providers. Sponsored by Sens. Debbie Stabenow (D-Mich.) and Todd Young (R-Ind.), the Choose Home Care Act of 2021 would allow certain Medicare beneficiaries to receive extended Medicare services […]

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 […]

5 Ways Lifesprk’s Tealwood Acquisition Could Drive Senior Living Transformation

The senior living industry appears to be recovering from the Covid-19 pandemic, judging from positive occupancy trends reported by public companies over the last two weeks. The inflection in occupancy is a relief, but I’ve been giving even more thought to the news that Lifesprk, a company that provides value-based care largely through home- and […]