LCS Seeks Next-Gen Senior Living Operations With New Data Platform

This article is available as part of your SHN+ membership Not every senior living operator has a data scientist on staff – LCS has four. On Jan. 1, the Des Moines, Iowa-based senior living company furthered its investments in data analysis and standardization by bringing a new reporting tool online. Also in January, LCS promoted […]

Senior Living Care Coordination Platform Sage Raises $15M in Series A Funding

A senior living tech company focused on care coordination has raised millions more dollars in its latest funding round. Sage on Wednesday announced that it had raised $15 million in Series A funding thanks to Maveron, a new investor. The company’s other major investors include Goldcrest Capital, Animo Ventures and Distributed Ventures. The funding will […]

‘Outrageously Powerful’: Senior Living Providers Wield Data to Fine-Tune Operations

Senior living operators have always relied on data to inform the future of their organization. But now, providers are using data and analytics-based insights to improve operations and make decisions in an increasingly short window. By using data and analytics to inform operations and financial decision making, operators have been able to customize their product […]

A Place for Mom Enters Nursing Home Market with New Online Platform

By: Zahida Siddiqi Senior living referral giant A Place for Mom is launching a new website meant to serve as a “one-stop-shop” for families in search of nursing homes. The new website, Nursinghomes.com, also marks the debut of the online referral giant in the nursing home sector. It puts vital information at prospective residents’ fingertips […]

How Senior Housing Operators Are Using Game-Changing Telehealth and AI Technology

Telemedicine and artificial intelligence (AI) are helping to take the senior living industry to its next evolution by improving operations and care, while helping solve chronic staffing issues. From cutting down on operating expenses and the time it takes to craft an annual budget, AI has helped improve back-office functions for operators, while simultaneously improving […]

Moneyball Approach to Trading Senior Living Operators Starts to Take Hold

For more than three decades, Watermark Retirement had never been replaced by a different management company. But times have changed. “We were replaced by Welltower on a few of our communities; but on the other hand, we’re being the replacer, going into some communities,” Watermark Chairman David Freshwater told me recently. Swapping management companies is […]

Senior Living Tech Company Formed by Merger of Glennis, Enquire, Sherpa Rebrands as Aline

After joining forces with private-equity backing last year, Enquire, Glennis Solutions and Sherpa CRM have taken on a new name for the combined entity: Aline. In October 2022, the three companies were acquired by private equity firm Rubicon Technology Partners in a deal aimed at creating the industry’s first comprehensive, scalable end-to-end software solution for […]