Three industry associations have formed the Senior Living Diversity, Equity, Inclusion, and Belonging (DEIB) coalition. The groups joining forces are Argentum, the American Seniors Housing Association (ASHA) and the National Investment Center for Seniors Housing & Care (NIC). The coalition’s purpose will be to develop a plan and strategy around DEIB. The formation of this […]
Category: Management
As the new year gets underway, senior living and care providers are making some leadership shifts. Recent moves include: — Aegis Living named a new president and a new COO — Aras Erekul exited as Watermark Retirement’s National Director of Integrative Wellbeing — Trilogy Co-Founder and former CEO Randy Bufford has become CEO of Synchrony […]
The omicron variant of coronavirus drove Covid cases to an all-time high in the early days of 2022, putting senior living providers under intense pressure to start the year. In particular, providers are facing staffing challenges as infections among the workforce compound an existing and extreme labor crunch. Furthermore, evolving guidance from federal and state […]
By Lynne Katzmann In the last several weeks, I have attended birthday celebrations for both a 102- and 106-year-old resident. So while people may be coming to senior living later, many will live longer. In fact, a recent study released by the Stanford Center on Longevity states that 50% of today’s 5-year-olds are likely to […]
By the end of the month, Discovery Senior Living will span 110 communities in 18 states, making it among the largest senior living providers in the United States. And the Bonita Springs, Florida-based company’s growth doesn’t end there. In 2022, Discovery plans to build on its national and regional identities across the country; and in […]
Length of stay has long been a top focus for senior living operators — and never more so than today, as they seek to reverse trends caused by the Covid-19 pandemic. In the years leading up to the pandemic, average length of stay in assisted living was thought to be about 22 months, according to […]
Senior housing occupancy rose to 81% in the fourth quarter of 2021, an increase of one percentage point, marking the second consecutive quarter of occupancy growth. That’s according to quarterly NIC MAP Vision data released Thursday. The increase is 2.3 points higher than the pandemic low point of 78.7%. “This report was really bullish, encouraging, […]
“In 2022, this will continue to be the key priority for industry leaders: how do we continue to grow and evolve our business lines, which are strategic imperatives, in the face of day-to-day operational issues related to staffing? We need to be nimble enough to react quickly to all the changes coming at us with […]
Aegis Living has promoted Chief People Officer Sandra Preyale to the role of president and Regional Vice President Howard Jacobs to the role of COO. Aegis also promoted Lee Kaufmann to the role of senior vice president of human resources. The moves are intended to help support the company’s business growth in the coming year, […]
Last year, the expansion of regional senior living operators generated a lot of headlines. But heading into 2022, I’m most interested in how the year will unfold for several of the largest national providers. In fact, I believe that 2022 could be a defining year for a number of industry behemoths, and many of the […]