Tana Gall, president of Seattle-based retirement community management company Leisure Care, made the leap into the senior living industry almost 19 years ago after being lured away from a job in advertising and marketing. Since then, she has used her extensive knowledge of her own company and the industry as a whole as she leads Leisure […]
Category: On the Record
One of 2012’s biggest senior living deals, the $845 million acquisition of Sunrise Senior Living by Health Care REIT, Inc. (NYSE:HCN) in a transaction that spun off the company’s management team and gave Sunrise investors $14.50 per share, was completed two weeks ago but continues to grow as joint venture interests are bought out. The […]
The nursing home industry hasn’t exactly had the easiest of paths for the past fifteen or so years, especially after Congress’s Balanced Budget Act of 1997 attempted to restructure the Medicare reimbursement system and ended up cutting about $16 billion from the program, instead of the originally intended reduction of about $9-10 million. Alan G. Rosenbloom, […]
Life Care Services registered a pretty large blip on our radar back in April when it put some skin into the game by investing in luxury senior community the Clare along with Senior Care Development through their new joint venture, Chicago Senior Care. We’ve previously spoken with David Reis, the CEO of Senior Care Development […]
When Care Innovations announced a few weeks ago that it would be “doubling down” on its product offerings to narrow its focus exclusively to senior care and aging in place, Senior Housing News was curious: What does that mean for the joint venture between technology innovator Intel and healthcare giant GE? We spoke with Louis […]
Not long ago, Senior Housing News spoke with Silverado Senior Living’s co-founder and CEO, Loren Shook, about the growing market for memory care and the partnership his company had formed with Meridian Realty Advisors. This week, we’re taking a look at the other side of the partnership through an interview with David Ronck, the president […]
There’s a tremendous—and growing—market for memory care in the United States, as the number of Americans age 65 and older with an Alzheimer’s diagnosis is projected to increase from 5.1 million in 2010 to 13.5 million by 2050, according to estimates from the Alzheimer’s Association. With mounting demand, memory care provider Silverado Senior Living is […]
In light of some recent studies linking loneliness in seniors to quicker functional decline and even death, the development of senior care technology that can help prevent social isolation while monitoring other conditions is especially relevant. That’s a goal senior care technology solutions provider Independa is working toward as it seeks to create an integrated […]
The tides of change are rolling in for the skilled nursing industry, and perhaps none is more aware of what is to come than Daniel Mendelson, the CEO and founder of Avalere Health, a business strategy and public policy firm focused on the nation’s healthcare problems. Senior Housing News recently got a chance to pick Mendelson’s […]
While publicly traded healthcare real estate investment trusts (REITs) like HCP, Inc., Ventas, Inc., and Health Care REIT Inc. grab a lot of headlines, privately traded ones like Aviv REIT often seem to fly under the radar. But as Senior Housing News recently discovered after speaking with Aviv’s Steven Insoft, who holds dual roles of […]