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 […]
Category: Technology
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 […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
With a recently announced development joint venture with Welltower (NYSE: WELL) and a strong occupancy recovery underway, Kisco Senior Living Founder and CEO Andy Kohlberg is bullish about the future. “We’ve averaged three-and-a-half times the number of net move-ins in 2021 than we did in 2019 … It’s gone surprisingly well,” Kohlberg said during a […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
In 2017, the Archdiocese of Milwaukee sold land in the city’s historic Italian-American neighborhood to Capri Communities for $1. Capri created St. Rita Square, a 118-unit senior community with independent living, assisted living, and memory care services. The Waukesha, Wisconsin-based developer and operator then built a brand new church adjacent to the new community and […]
Omega Healthcare Investors (NYSE: OHI) has led a $30 million Series B funding round for fall management technology company SafelyYou. Omega also prepaid $10 million so that the real estate investment trust’s senior living and skilled nursing facilities can access the SafelyYou tech, which involves artificial intelligence to detect falls and video to review fall […]
Juniper Communities and its CEO Lynne Katzmann have earned a reputation for senior living innovation, thanks to efforts such as the Connect4Life integrated care model, leadership in Medicare Advantage through The Perennial Consortium, and fresh approaches to resident experience such as Broadway Senior. Now, Juniper is at work on a senior living model for the […]
Senior living providers will be able to more easily and effectively deploy and manage Amazon voice technology at scale through a new enterprise solution from the tech giant. The ability to fleet-manage Amazon’s voice technology is a “big breakthrough,” Atria Senior Living CEO John Moore told Senior Housing News. Atria is among the first providers […]
Last year brought big changes in the way non-profit senior living providers are staffing their communities and using technology. That is not surprising, given challenges related to the Covid-19 pandemic, but the huge impact on staffing is reflected in the latest LZ 200 report, which shows the average number of full-time employees at its lowest […]
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