As part of its ongoing plan to transition out of senior housing operations, AdCare Health Systems, Inc. (NYSE MKT: ADK) has signed agreements with third-party operators to lease seven of its skilled nursing facilities in Georgia and Ohio. The lease on the five facilities in Ohio will be effective upon securing approval from the Department […]
Category: Management & Operations
Kindred Healthcare (NYSE: KND) has announced that Benjamin Breier, current president and chief operating officer of the national post-acute and rehabilitation services provider, will take over next year as CEO. Breier, 43 — who has been with Kindred since 2005, starting as president of the company’s rehabilitation division — will replace current CEO Paul Diaz […]
American House Senior Living Communities is growing its presence with several new acquisitions this week that will not only make it one of the largest providers in the Midwest, but in the nation as well. Monday, American House announced the acquisition of four properties from Oak Crest Communities, a Jenison, Mich.-based provider. In total, the four […]
At just five years since its inception, Uber has revolutionized how we get a ride from Point A to Point B. It has become a household name, and has been valued at an estimated $18 billion. And now, the company is taking aim at the way seniors get around. Tuesday, the San Francisco-based ride service company announced […]
AARP Welcomes New Executive Vice President Martha Boudreau has joined AARP in the newly created role of executive vice president and chief communications and marketing officer. In this position, Boudreau will lead the integration of AARP’s communications, brand and marketing functions to create strategies that better serve 50-plus Americans. Prior to joining AARP, Boudreau served […]
As the final quarter of the year gets underway, senior housing operators, developers, financiers and many more are looking for new talents to help grow their operations, and they’re searching across a variety of expertise. Positions for marketers, asset managers, nursing and business development directors are just a few jobs currently offered by companies like […]
Senior living is rife with opportunities. Yet perhaps the biggest opportunity lies in solving some of the age-old challenges that have historically plagued the industry. These challenges have persisted for years and represent bigger problems for senior living providers as a whole. They go beyond economic hurdles and housing market woes, and drill into the […]
Because of their high involvement with Medicare beneficiaries and their critical role within the care continuum, post-acute care (PAC) providers are an ideal partner for Accountable Care Organizations (ACOs) seeking to achieve the triple aim of improved quality, decreased costs and better patient satisfaction, according to a recent report. In a healthcare eco-system that incessantly […]
In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: Home Health Has Potential, But Faces 3 Real Threats — As an increasing number of senior living providers offer home health care services to expand their reach beyond community walls, experts note that there are steep challenges […]
In senior living, a company’s brand is reflective of its reputation, not only in the eyes of consumers and their families, but to state regulators as well. Operators who have gone the extra mile to polish their brands through the use of various quality measurements have seen tangible successes in their operations. Whether it’s maintaining […]