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 […]

Senior Living On Notice As Capital Pours Into Home Care

Senior living executives routinely tell me that the sector’s biggest competitive threat is at-home care, which enables older adults to avoid moves into communal settings. If that’s true, senior living leaders should be quaking. While they strive to regain their financial and operational footing, capital is pouring into the at-home care space. In just the […]

Franchise Models Steadily Expand Into Senior Housing Market

Long-established Beehive, home care mainstay BrightStar and newcomer Majestic offer different franchise models It isn’t a boom yet, but interest in franchise ownership of senior living properties has grown recently, and this model shows signs of becoming more prevalent as baby boomer demand gains strength in the coming years. Franchise-based senior living already was gaining […]

Health Care Innovator, Former Federal Official Boehler Launches Firm, May Target Senior Housing

Home care entrepreneur and former leader of the Center for Medicare and Medicaid Innovation (CMMI) Adam Boehler is launching a new firm, and senior living is believed to be in its sights. The Landmark Health founder, who most recently led the International Defense Financing Corporation (DFC), on Thursday announced the launch of Rubicon Founders, a […]

PACE Provider InnovAge Raises $350M in IPO, Sees Potential for Senior Living Initiatives

InnovAge (Nasdaq: INNV), which serves about 6,600 older adults through the Program of All-Inclusive Care for the Elderly (PACE), executed a $350 million initial public offering (IPO) on March 4. The Denver-based company is the largest PACE provider in the United States and has taken an out-of-the-box approach to the program through moves such as […]

Brookdale CEO Foresees Senior Living Benefits from HCA Deal, Hopeful About Occupancy Recovery

Brookdale Senior Living (NYSE: BKD) residents are getting their Covid-19 vaccines in droves — and the company’s leaders are hopeful that will push occupancy trends positive in 2021. Brookdale’s executives also are touting potential senior living-related benefits of the company’s just-announced deal to sell an 80% stake in its home health, hospice and outpatient therapy […]

Brookdale to Sell 80% Stake in Home Health, Hospice Segment for $400M

Brookdale Senior Living (NYSE: BKD) has agreed to sell a majority stake in its home health, hospice and outpatient therapy service line. The Brentwood, Tennessee-based operator on Wednesday announced it entered into a partnership to sell an 80% stake in Brookdale Health Care Services (BHS) to Nashville-based health system HCA Healthcare for $400 million. Brookdale […]