Brightview Senior Living and Summit Vista have again come out on top in the annual Best Workplaces in Aging Services list. The list, now in its fourth year, ranks the top aging services workplaces among 25 large senior housing and care providers and 25 small- and medium-sized senior housing and care providers. The list is […]
Category: Management
Sienna Senior Living (TSX: SIA) is giving its employees the opportunity to become literal stakeholders in the company. The Markham, Ontario-based operator on Thursday announced the launch of Sienna Ownership and Reward, or “SOAR,” a program which will reward full- and part-time employees with common shares of stock, giving them an ownership stake in the […]
The senior living industry is still recovering from Covid-19 — but that doesn’t mean that the trend toward wellness-focused operational models has halted. In fact, providers can and should build effective wellness programs in the midst of those challenges. Having executive leaders dedicated to wellness can help, as demonstrated by Vi and Arrow Senior Living. […]
Residents of long-term care facilities will be the first to receive additional Covid-19 booster vaccinations, after the Biden administration announced Wednesday that a third shot is needed to fight off waning immunity in fully vaccinated people. The Biden administration is also set to mandate vaccinations among nursing home staff as a condition to continue receiving […]
Ortelius Advisors is moving forward with its plans to block Capital Senior Living’s (NYSE: CSU) private placement agreement with investment firm Conversant Capital. The New York City-based firm on Tuesday filed a proxy with the Securities and Exchange Commission that provides new insight on how the Capital-Conversant agreement came together, as well as its own […]
The senior living industry has been adapting wellness-based practices in its operational model for years, from design trends to customized programming and activities to increase resident engagement. But pivoting to wellness is not a simple process, and involves — among other elements — engaging multiple stakeholders, transforming physical spaces, and integrating technology. That’s according to […]
Juniper Communities is in expansion mode, entering the Texas market for the first time while also taking over management of communities in Pennsylvania and New Jersey. The moves add 404 assisted living units, 46 memory care units, 140 independent living units, and 156 skilled nursing beds to the company’s portfolio, which now totals 28 communities […]
Capital Senior Living’s (NYSE: CSU) plan to raise up to $152.5 million through a private placement of convertible preferred stock to affiliates of the private investment firm Conversant Capital comes at an inflection point in the company’s existence. The Dallas-based operator acknowledged in its Q1 2021 earnings call in May that its ability to continue […]
Sunrise Senior Living has hired Nick Stengle as the company’s new COO while also naming Tav Hare CFO. The hirings deepen the McLean, Virginia-based company’s leadership bench, particularly on the in-home services side. Stengle previously worked as COO of Kindred at Home, the nation’s largest home health provider, which is being fully acquired by insurance […]
Revel residents can now travel across the country without giving up their senior living lifestyle thanks to a newly launched pilot program. Aug. 5 marked the official public debut of Revel Seasonal Residences, a new program that lets residents rent fully furnished units for short-term stays in any of the 13 Revel communities in Arizona, […]
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