Christian Living Communities Leads Nonprofit Innovation Charge with Minka, Medicare Advantage

Not-for-profit and for-profit senior living providers are sometimes seen as oil and water — but this is not the case for Christian Living Communities (CLC) President and CEO Terry Rogers. Instead, Rogers sees a world where for-profits and not-for-profits can work together, with the latter leading the way in finding creative new ways to partner […]

United Church Homes Targets Senior Living, Middle Market in Rapid Growth Push

A sizable regional player in non-profit senior housing is taking steps to grow its independent and assisted living offerings, including for the middle market — and it’s brought an industry veteran on board to help with that push. Marion, Ohio-based United Church Homes (UCH) in December hired Teresa “Terry” Spitznagel to serve as its chief […]

Acts Names New President, CFO in Executive Team Shuffle

Acts Retirement-Life Communities has shuffled its executive team. The Fort Washington, Pennsylvania-based nonprofit senior living provider appointed Karen Christiansen president. Christiansen, who has been with Acts since 1996 and was most recently the operator’s CFO, succeeds Gerald Grant, who will remain as CEO. Succeeding Christiansen as CFO is Richard Winter, who has been with Acts […]

Asbury Makes Pharmacy, PACE Inroads With Albright Affiliation

Asbury Communities has welcomed a new partner into the fold — and, in the process, it’s made strides toward diversifying the services it offers. The Frederick, Maryland-based senior housing and care nonprofit on Monday announced an affiliation with Albright Care Services, an organization that operates two continuing care retirement communities (CCRCs) servicing a total of […]

After ‘Existential Crisis,’ Nonprofit SFCJL Creates Byer Square Membership Model

In 2013, the San Francisco Campus for Jewish Living (SFCJL) was facing a dire situation. Reimbursement cuts being contemplated by the state of California posed a serious threat to its skilled nursing-focused business model, and the organization’s leaders recognized that they needed to radically reinvent the nonprofit to safeguard its future and continue to fulfill […]

$150 Million Highrise Project Caps 5-Year Reinvention of Transforming Age

In 2014, Presbyterian Retirement Communities Northwest (PRCN) was a small and struggling provider with three communities in the Seattle area. Fast-forward to the present day, and the organization has rebranded as Transforming Age, serves about 10 times as many seniors, and is pursuing further innovation and expansion — including through the $150 million Olympic Tower […]

Residential Real Estate Values Complicate Life Plan Communities’ Stable Outlook

Non-profit life plan communities can expect another year of stability in 2020, but there are some factors that could complicate the landscape in the future. That’s according to a new report from Fitch Ratings, which on Wednesday released its annual outlook for U.S. not-for-profit life plan communities. As in previous years, those communities should expect […]

After Rocky Start, Eskaton’s Partnership with VC-Backed Home Care Company Honor Pays Off

A partnership with tech-forward home care startup Honor has enabled senior living nonprofit Eskaton to boost revenue and smoothed the organization’s expansion into new markets. But the partnership did not get off to an auspicious start. Sacramento, California-based Eskaton completed its transition to the Honor platform in Dec. 2018, and issues emerged soon after. “By […]

Buckner Opens $240M CCRC with High-Profile Partnerships, To Sell Historic Campus

Last week marked the official grand opening of Ventana by Buckner, a $240 million high-rise continuing care retirement community (CCRC) in Dallas. Ventana is part of a crop of urban CCRCs rising across the country, and it stands out for the numerous partnerships that it has forged with high-profile organizations in its local market, including […]