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) […]
Category: Technology
After taking the reins in 2019, A Place for Mom CEO Larry Kutscher laid out a plan to completely reinvent the company — and its relationship with senior living providers. Of course, Kutscher couldn’t predict that a global pandemic was about to hit and disrupt just about every facet of the senior living industry. And […]
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 […]
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. […]
The senior living labor crisis will only be solved if providers take steps to create the “health care worker of the future.” That’s according to Jim Coughlin, Co-Founder and CEO of The Northbridge Companies. “We thought we were self-aware of what was important, but Covid really exposed it all — we thought we were doing […]
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 […]
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 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 […]
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 […]
By Lynne Katzmann In the last several weeks, I have attended birthday celebrations for both a 102- and 106-year-old resident. So while people may be coming to senior living later, many will live longer. In fact, a recent study released by the Stanford Center on Longevity states that 50% of today’s 5-year-olds are likely to […]