Sunrise Senior Living Emerges from ‘Tech Desert,’ Cogir Invests in AI

Forward thinking senior living operators recognize the potential for tech to improve customer satisfaction, move-ins, employee retention and have a positive impact on value propositions. Two companies, Sunrise Senior Living and Cogir Real Estate, shared their experiences bringing tech into their operations platforms, with positive results, and outlined upcoming plans during a panel discussion on […]

$750 Million MatrixCare Acquisition Brings ResMed into Senior Housing

ResMed (NYSE: RMD) is acquiring MatrixCare, the Minneapolis-based health care software platform that specializes in senior housing and care, in a $750 million deal. The transaction, announced Monday, allows San Diego-based ResMed to expand its out-of-hospital Software as a Service (SaaS) portfolio beyond home health and hospice and into skilled nursing and senior care, while […]

K4Connect Raises $12 Million to Continue Aggressive Growth

K4Connect, a Raleigh, North Carolina-based tech firm serving over 13,000 senior living residents across the country on its K4Community platform, announced it raised $12 million in Series B funding. The funding will allow K4Connect to continue an aggressive growth pattern, CEO and co-founder Scott Moody told Senior Housing News. “We are not interested in steady growth,” […]

NIC Announces New Actual Rates Certification Program

The National Investment Center for Seniors Housing & Care (NIC) fall conference in Chicago is underway and the senior housing investment advocacy group released news Wednesday in announcing a new software partner certification for seniors housing actual rates  — the monthly rates residents pay when living in a senior housing community, as compared to the property’s […]

Facing ‘Fire Hose’ Of Innovation, Senior Living Ups Its Game

Many senior living operators are struggling to keep pace with technological innovations. For every forward thinking operator, there is another lagging behind. Not only the pace of innovation but the costs to prepare for it can be overwhelming, Jodi Guffee, Chief Operating Officer of Radiant Senior Living in Portland, Oregon, told Senior Housing News. “If you took […]

Tech Beat: Optima Healthcare Acquires Vantage Healthcare Solutions

Optima Healthcare Acquires Vantage Healthcare Solutions Optima Healthcare Solutions, a leading provider of cloud-based solutions for post-acute care providers, announced the acquisition of Vantage Clinical Solutions, a company specializing in revenue cycle management and digital marketing services for physical therapy practices. The transaction will allow Palm City, Florida-based Optima to expand its post-acute care solutions […]

Masonic Villages Goes Big on Smart ‘IQ Homes’ for Aging in Place

A not-for-profit senior living provider is moving forward with a plan to open dozens of new town home-style independent living residences, each equipped with technological and design features meant to help older adults live in the setting longer. Elizabethtown, Pennsylvania-based Masonic Villages is moving forward with a plan to build 58 new “IQ Home” dwellings at its communities in […]