National Senior Campuses Names Beardsley as First-Ever CEO

The largest nonprofit senior living organization in the country has a chief executive for the first time in its history. National Senior Campuses (NSC) named Bruce Beardsley as its new CEO on Tuesday. He will be focused in part on creating a future-focused strategy for the organization, which could involve new and more affordable continuing […]

Inside SRG’s ‘Under the Radar’ Innovation Push

Senior Resource Group (SRG) has implemented new evidence-based wellness offerings, announced a new program to reduce hospital readmissions, joined a virtual reality research project, and helped launch a new effort related to Medicare Advantage — all in the past 12 months. But CEO Michael Grust isn’t calling this a new chapter for the Solana Beach, […]

Welltower, CareMore Initiative Drives Senior Living Integration with Medicare Advantage

In a move that will further integrate senior housing within the Medicare Advantage landscape, real estate investment trust Welltower (NYSE: WELL) has formed a partnership with Anthem (NYSE: ANTM) affiliate CareMore. The partnership aligns with Welltower’s ongoing push to move senior housing and care into a more central role within the overall U.S. health care […]

Seasons Living Raises Its Game With New Equity Partner, Rebrand, Portfolio Growth

It’s been a big year for Seasons Living, which added a new president, secured a private equity partner, rebranded, and more than doubled its portfolio size. Now, the Lake Oswego, Oregon-based operator is pursuing growth in new directions, including a project with a Hawaiian health care system and a middle-market model in the works. When […]

Navion Partners with Blackstone Affiliate to Manage 10 Senior Living Properties

A North Carolina-based senior housing owner and operator has more than tripled the size of its management portfolio, and is setting the stage for a gradual pipeline of new communities over the next decade. Raleigh-based Navion Senior Solutions assumed operations of 10 communities in Kentucky, South Carolina, Tennessee and Virginia through a partnership with Longview […]

New Perspective Names Ryan Novaczyk as CEO, Chris Hyatt as President

There’s a new CEO and a new president at New Perspective Senior Living. The Minnetonka, Minnesota-based company on Monday named Ryan Novaczyk as CEO and Chris Hyatt as president. The duo previously worked as the company’s president/CFO and partner/COO, respectively.  Todd Novaczyk, Ryan’s father, the company’s founder and its first CEO, is transitioning to chairman […]

Chancellor CEO: Industry Should Be Embarrassed By Some Common Memory Care Practices

Senior living operator Chancellor Health Care is finding success as a growing operator in National Health Investors’ (NYSE: NHI) senior housing portfolio — in part by shaking up tired memory care practices the overall industry “should be embarrassed about.” The Windsor, California-based company is particularly unique in that it’s changing the traditional senior living model […]

Senior Living Industry ‘Sea Change’ Requires New Approach to Innovation

It’s a common refrain that the senior housing industry is mired in normal supply-demand dynamics. If such were the case, owners, investors and providers feeling the pain now can wait for the real estate cycle to turn and then continue doing business as usual. Brenda Bacon, president and CEO of Brandywine Living, does not subscribe […]