Juniper Communities is expanding into membership-based services. The Bloomfield, New Jersey-based senior living operator is formally launching a new health and wellbeing program with the goal of bringing about the “next generation of senior living,” according to CEO Lynne Katzmann. The new program, Catalyst, is an “ecosystem of programs and services” where residents will pay […]
Frontier Management has opened a new secondary headquarters in Dallas to help support the company’s expanding presence in the U.S. Southeast and East. The headquarters, which officially opened last week, is the company’s second in addition to its first in Portland, Oregon. Kandice Alcorn, the company’s chief clinical officer and COO, is based out of […]
AlerisLife (Nasdaq: ALR) is cutting some corporate overhead positions and retooling its operations as part of a restructuring effort that is just getting underway. The Newton, Massachusetts-based senior living operator announced the effort in its second-quarter earnings release this week. The restructuring plan, slated to wrap up in the middle of next year, is aimed […]
Three years ago, Sonida Senior Living (NYSE: SNDA) leader Kim Lody laid out a turnaround plan to help position the company for long-term success. With those efforts largely in the rearview mirror, she is passing the torch. Lody on Thursday announced she is stepping down from her post as CEO, with current COO Brandon Ribar […]
While occupancy gains remain steady for senior living as a whole, leaders with American Healthcare REIT and National Health Investors (NYSE: NHI) observe that in many ways — from occupancy recovery to dealmaking trends — the market is disjointed. The pace at which operators recover appears to be largely market-specific, with some senior living providers […]
As labor markets face turmoil in the wake of the Great Resignation and other pandemic-related shocks, new worker expectations are causing memory care operators to change their understanding of what matters to employees. “The workforce is changing just like our customers are changing, so we have to stay up-to-date on what is current,” AlerisLife (Nasdaq: […]
Stellar Senior Living SVP and Co-Founder Adam Benton has some advice for senior living providers seeking to improve their hiring processes: Apply for a job at McDonald’s. That’s what he did, after hearing so many times that Stellar communities were struggling to compete against fast food restaurants for workers, Benton explained during a recent SHN+ […]
The small-home senior living and pocket neighborhood trends are alive and well at Rose Villa. The continuing care retirement community (CCRC) in Portland, Oregon, has for years made a name for itself as a forward-thinking senior living operator. The community has also served as a blueprint and inspiration for other senior living projects over the […]
Property and professional liability insurance premiums have steadily risen since the start of the Covid-19 pandemic, and a new survey shows that trend is seemingly continuing in 2022. About half of all respondents to the latest Executive Insights Survey from National Investment Center for Seniors Housing & Care (NIC) reported that property and liability insurance […]
It’s no secret among senior living operators that many residents are living with some form of cognitive decline, and that has created a vast need for more early-stage memory care services. Over the past two and a half years, the Covid-19 pandemic prompted many families to hold off on moving a loved one into a […]
