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 […]
The most frequent comment I heard at our inaugural BRAIN conference two weeks ago was: This event was badly needed, because memory care is given scant attention at most industry gatherings. I’ve observed this to be true. At most events, perhaps one or two panels — if that — will be devoted to memory care. […]
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: […]
On a recent visit to a memory care community, Perkins Eastman Senior Associate Max Winters saw a resident with dementia attempting to go outside. But as the resident tried to open the door, they were gently stopped by an associate who insisted that it was too hot to go outside. To the untrained eye, such […]
New memory care treatments and diagnostic tools. Promising technology. More resident-centric programming and operations. These and other advances have pushed memory care into a new era, with the leaders of two senior living companies, Silverado and Symphony Senior Living, leading the charge in the sector’s next evolution. The Memory care product type was hit hard […]
Heritage Senior Living CEO Milo Pinkerton discovered his passion for memory care in a way similar to many other industry leaders: Caring for his mother. Fast-forward to 2022,Pinkerton believes that the future of memory care lies in the same kind of person-centered care he sought for his parent. And in the wider senior living industry […]
Of the 1,300 senior living communities in the inaugural 2022-23 “Best Senior Living,” list from U.S. News & World Report, 25 earned the distinction of being the best of the best. Those communities, managed by operators including Discovery Senior Living, Belmont Village and Garden Spot Communities, were chosen because they outperformed their peers in all […]
After growing a base of operations during the Covid-19 pandemic, Navion Senior Solutions is turning its focus in 2022 to honing its operations. The Raleigh, North Carolina-based operator grew from a handful of communities to 36 during the Covid-19 pandemic, and that growth is set to continue with one community currently under construction and another […]
The Bristal Assisted Living opened the doors at its newest community this April, adding to a growing number of luxury senior living communities in New York City. The community, called the Bristal at York Avenue, represents the first venture into Manhattan for The Bristal Assisted Living – the assisted living and memory care brand owned […]
Memory care was among the hardest-hit senior living segments in the early days of the Covid-19 pandemic. Two years and change later, many operators in the space are still recovering. The arrival of Covid-19 tossed disruption into the sector, leading to historic lows in occupancy and a whirlwind of community transitions. While many memory care […]
