Harrison Street, Sabra Join Delos Effort to Improve Senior Living Health, Wellness

Harrison Street and Sabra Health Care REIT (Nasdaq: SBRA) are collaborating on a new initiative aimed at creating healthier senior living communities and finding new solutions through research. The companies are working with wellness real estate and technology company Delos, which announced the launch of an initiative it dubbed Wellness Innovation in Senior Environments (WISE) […]

Samsung Targets Massive Older Adult Market, Sees Tech Creating ‘Fundamental Change’ in Care Delivery

Samsung sees health moving into the home, and the company believes there are huge opportunities in the older adult market. Wearable devices like the ones Samsung offers are creating new ways for health care providers to collect information such as body composition, heart rate and sleep patterns — and therein lies a growing opportunity, according […]

After $100M Raise, EmpowerMe Debuts First-Of-Its-Kind Lab to Elevate Senior Living Care

Having raised $100 million since 2021, EmpowerMe Wellness marked another milestone on Tuesday, cutting the ribbon on a diagnostics laboratory that can expedite blood test results for senior living residents within 24 to 48 hours. To create the lab, EmpowerMe transformed a CrossFit studio adjacent to its corporate headquarters near St. Louis, in Brentwood, Missouri. […]

Rise of Robots: Workforce, Covid Pressures Lead to Bolder Tech Investment in Senior Living

The Covid-19 pandemic is still putting pressure on every facet of senior living operators, particularly as it relates to staffing, occupancy, and expenses. Technology is helping to fill the gap. Across the industry, senior living operators are exploring robotics and software systems aimed at boosting efficiency and helping workers spend more time with residents. Operators […]

CLC CEO: Middle-Market Strategy, Medicare Advantage Growth Drive Innovation In Tough Operating Environment

Senior living providers are facing intense operational and financial challenges — but they must not let these pressures distract them from innovating for the future. That’s according to Jill Vitale-Aussem, president and CEO of Christian Living Communities (CLC) and Cappella Management. “We’re concerned about staffing, we’re concerned about wage escalation, we’re concerned about inflation,” she […]

Uber Health Comes for Older Adult Market, Could Disrupt Senior Living

Uber recently hired its first chief medical officer to lead the expanding Uber Health division, tapping a geriatrician with a background in “designing clinical programs for older adults and vulnerable populations.” Senior living providers should understand what the hiring of Dr. Mike Cantor as CMO means about the aspirations of Uber Health, and what it […]

A Place for Mom Raises $175M in Growth Equity to Aid ‘Transformation’

The nation’s largest online referral platform for senior housing is putting more pieces of its ongoing “transformation” into place with a new infusion of funding from a small handful of investors. A Place For Mom (APFM) has raised $175 million in growth equity funding, the company announced Monday. Leading the funding was global venture capital […]