Randall Bufford, CEO of Synchrony Health Services and founder of Trilogy Health Services, is stepping back from his leadership role amid a planned “reintegration” of the ancillary services provider. According to an announcement published Tuesday, Synchrony is joining Trilogy as a business unit rather than remaining a separate company subsidiary. Bufford is dropping his CEO […]
Category: Uncategorized
While most senior living operators across the country are still seeing worker shortages, conditions seem to be improving overall. That’s according to a new survey from the National Investment Center for Seniors Housing & Care, which included responses from owners and executives of 39 small, medium, and large senior housing and care companies. Responses were […]
Recruiting and retaining employees has become increasingly challenging for senior living providers, leading many to rely on agency sources to fill workforce gaps. Yet some organizations have been able to get at the problem at the ground level and avoid agency use all together. “At the beginning of the pandemic, to the middle of the […]
With the high-touch and often demanding nature of senior care, work-life balance is paramount to better senior living staff satisfaction. Fortunately, the technology available to employers in today’s landscape can make it easier to facilitate this type of culture. From improved EHRs to remote patient monitoring, operators have many technologies at their disposal, but staff […]
Revel Communities has announced the rollout of a new resident membership model and website, with a focus on “self-service, convenience and price transparency.” The Scottsdale, Arizona-based company — which is a division of The Wolff Company — on Wednesday announced the new program, which is being rolled out across the operator’s 13 communities across the […]
This article is a part of your SHN+ membership Chip Gabriel shared some news with me during Senior Housing News’ recent WELLNESS event: The venture he’s undertaking with Formation Capital Executive Chairman Arnie Whitman and other partners recently executed its first acquisition, purchasing a 120-bed assisted living/memory care community in Tennessee. And Gabriel himself is […]
This article is a part of your SHN+ membership In a normal year, Capitol Seniors Housing (CSH) is used to working on six development projects. But in 2023, the company is resetting its growth expectations for the immediate future. Capital market disruption and a “no man’s land of interest rate hikes” have left companies like […]
This article is a part of your SHN+ membership Senior living is a luxury good that nobody aspires to own. I’ve been thinking about this statement from former Welltower CEO Tom DeRosa in light of recently released data, as well as conversations that occurred at our recent Senior Housing News WELLNESS event in Atlanta. The […]
Presbyterian Homes Names COO Presbyterian Homes announced that Shannon Gutierrez has been named Chief Operating Officer. Gutierrez will oversee efforts in operations, team-building, development and technology of the three life plan communities in the Presbyterian portfolio – Lake Forest Place, The Moorings of Arlington Heights and Westminster Place. Gutierrez has been in senior living for […]
Sonata Senior Living has seen seven straight quarters of growth in occupancy and revenue — and definitively “the pendulum has swung” in favor of continued recovery and new growth, according to President and CEO Shelley Esden. The Orlando, Florida-based operator is growing at a healthy clip, having just added three senior living communities in the […]