Covenant Living CFO Jody Holt came to senior living just two years ago, but she hit the ground running, ushering in large-scale changes to position the nonprofit provider for the future. Those changes have included centralizing Covenant’s finance function — which involved making difficult job cuts — as well as shifting to a new fiscal […]
Next week, about 125 people will start working out of the new home office of Cassia, the senior living organization formed through the merger of Elim Care and Augustana Care. Located in a renovated building in the Minneapolis suburb of Edina, Minnesota, the Cassia headquarters will be the corporate hub for a nonprofit provider serving […]
Chicago Methodist Senior Services (CMSS) knows a thing or two about forming partnerships that improve its operations and boost its local reputation. The senior housing and care nonprofit is based in the Chicago neighborhood of Andersonville, with five senior housing properties and an office in and around the area. As a smaller, multi-site organization, CMSS […]
The largest non-profit senior living provider in the state of California, HumanGood, will be extending its reach to the East Coast through a planned affiliation with Presby’s Inspired Life. The combined entity will be the sixth-largest national non-profit senior living provider, the organizations stated Monday in announcing the affiliation. Pleasanton, California-based HumanGood serves nearly 10,000 […]
Iowa-based Lifespace Communities and Texas-based Senior Quality Lifestyles Corporation (SQLC) have executed on the affiliation agreement they first proposed about a year ago. Under the agreement, Lifespace is slated to become the owner and operator of three SQLC communities in Dallas, Austin and Fort Worth, Texas, once regulatory hurdles are cleared. Lifespace will also bring […]
Presbyterian Senior Living and Westminster Communities of Florida are considering a merger that would result in a combined not-for-profit organization with 54 communities, serving about 13,000 seniors across the full continuum. With a unit count over 7,100, the merged entity would rank as the fifth-largest not-for-profit senior housing and care organization in the nation, going […]
Asbury Communities, one of the largest senior living nonprofits in the U.S. has ramped up its technology investments in an effort to attract the incoming wave of baby boomers over the next decade. If all goes according to plan, visitors to an Asbury community may soon be greeted by a robot named Pepper. Frederick, Maryland-based […]
Senior housing and care nonprofits simply can’t do things the same-old way — especially as for-profit providers ratchet up the pressure in many markets across the U.S. That was among the top takeaways during a Tuesday afternoon session at this year’s LeadingAge Illinois Meeting & Expo in the Chicago suburb of Schaumburg, Illinois. The discussion […]
Beatitudes Campus, well known for its Comfort Matters memory care approach, has embarked on a $260 million, eight-year repositioning to transform and expand its presence in Phoenix. “We created a plan that will touch virtually all of our 27-acre campus,” Beatitudes President and CEO Michelle Just told Senior Housing News. Beatitudes first opened in 1965, […]
As headwinds continue to batter the senior housing industry, some not-for-profit providers are looking to partnerships or mergers as a way to grow scale in order to thrive — or in some cases, simply survive. “In the last three years, a number of organizations are saying, we could go on independently … but where do […]