Sports “super agent” David Falk has founded a senior living development and operating company, LifeStar Living, that will be led by industry veteran Joel Anderson. Falk — famous for being Michael Jordan’s agent, representing a roster of other superstars such as Patrick Ewing and Dominique Wilkins, and producing the movie Space Jam — has been […]
Category: Management
As the coronavirus pandemic in the U.S. heads toward its fourth month, senior living operators have a better idea of how deeply Covid-19 is in communities by care level, and how they have deployed testing in response to the crisis. Data about infection rates and testing at a specific care level can assist operators in […]
Opportunity zone funds held promise for senior housing investment prior to Covid-19, and the sector may gain greater luster for these funds as a result of the pandemic. However, the outlook remains mixed at the moment, with some funds bullish on senior living and others avoiding the space, and the opportunity zone program facing ongoing […]
A USA Today article on long term care facilities charging higher service fees during the coronavirus pandemic shines another spotlight on the rising expenses incurred by providers — and raises questions about whether assisted living operators are unfairly passing on costs to residents. The article focuses largely on a resident at Legend of Mansfield, a […]
Fellowship Village, a life plan community in New Jersey, is well on its way to reopening thanks in part to Covid-19 antibody testing. And other providers, including Juniper Communities, are also beginning to utilize antibody tests as part of their regimens. The antibody test differs from the PCR “nasal swab” kit in one main way: […]
Over the past three months, senior living providers have embraced telehealth during shelter-in-place orders. At the same time, the way providers and residents use telehealth, along with the forces propelling it forward, continue to evolve. Changes in federal policy and new flexibilities from insurers — some of them from before the pandemic — have made […]
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]
Dallas-based startup OneDay has doubled its business since the onset of Covid-19 in March, providing a clear signal of the huge role that video content has played in senior living operations during the pandemic. When Covid-19 first reached the United States, about 2,000 senior living communities were using OneDay, and that number has now reached […]
It’s no secret that Covid-19 is disrupting the current state of play in the senior living industry — but it remains to be seen how much of an effect the pandemic will ultimately have on capital markets, or how communities of tomorrow are designed or developed. When the novel coronavirus first roared to prominence in […]
Do not expect a “return to normal” for senior living move-ins as the nation gradually reopens during the coronavirus pandemic. New residents will need to be prepared for testing prior to moving in, quarantine periods before joining the larger census and the continuation of virtual tours and sales processes in searching for the right community. […]