For Rob Leinbach, one of the two principals at Cadence Living, the Covid-19 pandemic is personal. Leinbach’s mother was living in an independent living community in Seattle when the pandemic hit hard early last year, and like most other senior living residents, she was forced to isolate in her room out of safety. And as […]
Like senior living providers of all sizes, Revera was affected by Covid-19 in myriad ways. But as one of the largest North American providers, the company had a big-picture view of the pandemic. In an effort to analyze what happened in the first waves of Covid-19, and prepare for potential future infectious disease outbreaks, Revera […]
Even before Covid-19 struck the United States, senior living providers faced challenges related to a hardening insurance market. The pandemic has only added further pressures, and senior living operators are facing rate increases, capacity shortages and coverage retrenchments in 2021. That’s according to the recent Willis Towers Watson Marketplace Realities report for senior living and […]
When Chris Guay founded Vitality Living, he was frustrated at the industry’s slowness to innovate, and he intended to push the envelope. Four years later, he and Vitality have been through twists and turns, including joining with new partners. But Guay believes the Brentwood, Tennessee-based company is in a strong position today, with a portfolio […]
When Chris Guay founded Vitality Living, he was frustrated at the industry’s slowness to innovate. Now, he believes that more operators have started “think differently” — and he anticipates that the next 10 years will bring significant, positive change. Vitality itself is changing, by opening its first active adult project. The company is also taking […]
Like other senior living providers, Generations LLC has faced lower occupancy rates and higher expenses due to Covid-19. But Executive Chairman Chip Gabriel is optimistic about what is in store for the Clackamas, Oregon-based provider. In particular, he is bullish on its slate of intergenerational and middle-market projects. And he believes that future operating models […]
Dealing with Covid-19 hasn’t been easy for Generations, but the company’s executive chairman is optimistic about recovery and is forging ahead with innovative middle-market and intergenerational projects. Since the outset of the pandemic, the Clackamas-Oregon, based senior living provider has watched its census decline by about 850 basis points, hitting revenue as expenses rose. “It’s […]
Randy Bury, president and CEO of the Evangelical Lutheran Good Samaritan Society, is looking forward to 2021 for one simple reason: It has to be better than 2020. More specifically, Bury is optimistic about the prospects for a Covid-19 vaccine, and is focused on restoring consumer trust and confidence. But in this episode of Transform, […]
Randy Bury, the CEO of the Evangelical Lutheran Good Samaritan Society, describes himself as an optimist, and he is hopeful heading into 2021. But on the question of how quickly occupancy will bounce back in senior living, he is blunt about his doubts. “I don’t think our spigot is going to just open up again […]
In the post-pandemic age, prospective residents and their families will crave more information than perhaps ever before. In turn, providers should prepare to be more transparent about infection rates, safety protocols, vaccination rates, and other quality indicators, according to Marvell Adams Jr., COO of Kennett Square, Pennsylvania-based The Kendal Corporation. Adams has been working to […]
