Innovation Senior Living is rolling out a new model for adult day that combines those services with cognitive engagement and socialization. The model is specifically meant to cater to older adults aging in their homes. The Winter Park, Florida-based senior living operator is piloting the concept, called Longevity Day Community, in the coming weeks. Innovation […]
Category: Management
Senior living operators have long talked about demographics in the U.S. supporting new investments and growth initiatives. Those opportunities also extend to markets overseas, at least for savvy companies. Like in the U.S., international markets like Canada, China and the United Kingdom have favorable demographics of aging older adults in the years ahead. Recent international […]
Commonwealth Senior Living is moving forward with efforts to improve staffing and grow wellness after a busy year of change in 2024, according to COO Michelle Hamilton. In 2024, Invesque (TSX: IVQ.U and IVQ) announced plans to sell its interest in Commonwealth and offloaded eight communities formerly managed by the Charlottesville, Virginia-based provider. But, as […]
It’s a common refrain in senior living that today’s assisted living communities are closer to yesterday’s skilled nursing facilities. In 2025, operators are indeed contending with residents’ increasing acuity needs. Multiple factors have pushed assisted living care delivery into higher acuity. Operators have said older adults are waiting longer to seek out senior living services, […]
The boomers are coming, and future efforts to raise occupancy and increase margins will hinge on hiring and retaining staff, including caregivers, program directors, nurses. Salespeople are a crucial lynchpin. Operators including Primrose Retirement, Belmont Village and Watermark Retirement Communities have revamped sales staffing efforts since the pandemic began roughly five years ago. Through that […]
Just shy of 1,900 senior living communities across the U.S. have earned a ranking as the “best” in the U.S. U.S. News & World Report on Monday released its fourth “Best Senior Living” list, which rates senior living communities based on everything from the amenities and food to the staff and a perception of value. […]
After a seven-year tenure as CEO of Brookdale Senior Living (NYSE: BKD), Cindy Baier is stepping down from her post. On Monday, the Brentwood, Tennessee-based company announced she had entered into a separation agreement to step down from her position as of April 13. She also resigned from the company’s board of directors. Brookdale Chairman […]
Juniper Communities has set a goal to reach 30 communities by 2030. To get there, the company must advance its value-based care and wellness models, according to CEO Lynne Katzmann. In 2025, Katzmann and Juniper will focus on growing and further refining the operator’s Catalyst wellness program. Catalyst, launched in 2022, is a wellness membership […]
Memory care operator Silverado has named a new top leader, with a leadership transition planned down the road. The Irvine, California-based company on Thursday announced that Wayne Sanner is joining the company on April 28 as “CEO designate.” In his new role, Sanner will work alongside Shook as he “transitions into the next phase of […]
Heritage Communities has spent the last few years preparing for new growth, and in 2025 the company is planning to expand its third-party management business to capitalize on demand. “We’ve scrubbed our policies to make sure they’re aligned with this growth so that it would not be disruptive to us,” Heritage Communities CEO Farhan Khan […]
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