Don’t Call It a Pilot: 4 Tips for Driving Innovation in Senior Living

“The industry needs more Kari Olsons.” So said a tech entrepreneur in a recent Senior Housing News “Confessions” article. The entrepreneur believes that many senior living providers lack an effective innovation strategy, but Front Porch is an exception, thanks to Olson’s work as the non-profit’s chief innovation and technology officer. Olson took the stage on […]

Confessions of a Tech Entrepreneur: Old-School Senior Living Operators Just Don’t ‘Get’ Innovation

“Everyone is talking about major industry challenges (shrinking demand, negative stereotypes, shifting attitudes) without really doing anything drastically different.” Those are the words of a technology entrepreneur focused on the senior living sector, who connected with Senior Housing News for this installment of “Confessions.” The goal of this series is to share candid perspectives that […]

Welltower CEO: We Must Figure Out Affordable, Profitable Senior Living Model

A combination of new technology and vertical integration of payers, providers and capital could drive more affordable senior living in the United States, Welltower CEO Tom DeRosa believes. Toledo, Ohio-based Welltower (NYSE: WELL) has developed a successful business based on owning Class A senior housing properties in affluent markets. But the real estate investment trust […]

Big Data, Senior Housing Partnerships to Fuel Ventas’ Growth in 2020

Ventas (NYSE: VTR) has a plan to “pivot to growth” in 2020, and it sees big data and close relationships with its senior housing operating partners as key to that effort. The Chicago-based real estate investment trust (REIT) laid out its multifaceted growth strategy during its investor day presentation in Philadelphia on Tuesday. That strategy […]

Clean Slate Project Offers Blueprint for Senior Living’s Future

Picture a vertical, mixed-use community with a senior living component where residents have access to retail, health care and entertainment, using virtual reality platforms to connect older adults with similar interests, or creating new organs for the body via 3D printers. These innovations are either already here or on the horizon, and they can be […]

Senior Living Companies Find Flexibility, Cost Benefits in Coworking Spaces

Coworking companies such as WeWork, Spaces by Regus and MakeOffices have redefined the office real estate landscape, and senior living companies of all sizes are benefiting from the disruption. Smaller scale or startup companies in senior living are using coworking offices to establish a professional office environment — complete with technical infrastructure and flexible lease […]

Atria CEO Moore Anticipates 5-Brand Portfolio Within a Year

As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]

Vincentian Invests in Smart Tech to Serve Middle Market, Meet Resident Expectations

When leaders with non-profit Vincentian Collaborative System began conceiving a new 91-unit independent living community, they did the math on smart tech and realized that sooner is better. The community Terrace Place, which opened April 1 in the Pittsburgh suburb of North Hills, is a $19-million project, with a smart technology offering that cost between […]