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Aegis Living
This article is available as part of your SHN+ membership Senior living leaders often talk about the generational tailwinds ahead in the form of an aging demographic of baby boomers. What they don’t talk about as much is how those trends will affect their companies in potentially negative ways. As the boomers age, so too […]
Last year, HumanGood CEO John Cochrane noted how the industry was shifting from a period of crisis to one of stability. This year, his message for senior living operators is even clearer: “Buckle up and start your engines.” “The new year could bring some of the biggest opportunities in our lifetime,” he said. “We are […]
Although big challenges and headwinds remain, the outlook for senior living staffing has taken a more positive turn in recent months — at least for senior living operators willing to be proactive and seize the opportunity at hand. Recent survey data has shown that, although most senior living operators are experiencing staffing shortages in their […]
With a recent quickened pace of move-ins, the memory care segment of senior living is gearing up for a potentially years-long period of growth and high demand. Operators are preparing in the second half of 2023 by prioritizing growth, programming, technology and cost efficiency. The impact of rate increases, broader factors like cost inflation and […]
U.S. News & World Report today released its second-ever “Best Senior Living” ratings list with some new additions and changes. This year, organizers with U.S. News & World report rated nearly 3,900 senior living communities — representing about 140 different organizations — in four categories: Independent living, assisted living, memory care and continuing care retirement […]
When I recently asked Welltower (NYSE: WELL) CEO Shankh Mitra why the company pursued IRS approval to self-manage independent living assets, he replied with a question of his own. “Do you not know the state of our industry?” he asked. The sector continues to fall woefully short in attracting customers, has failed to create a […]
The University of Washington Men’s rowing team stunned the world by taking a gold medal at the Berlin Olympics in 1936. Nearly 90 years later, Aegis Living has distilled that Olympic spirit at an assisted living community just north of Seattle. The community, located on the east bank of Lake Union, does not simply include […]
One of the 10 most-read stories on Senior Housing News last year was our coverage of the Cogir and Cadence merger, announced in November. In 2023, expect more deals of this type — and larger ones — to reshape the senior living operator landscape. In fact, Senior Housing News today broke the news of Solvere […]
With a pandemic, staffing woes and operational headwinds serving as the backdrop, the senior living industry has spent the last two years lurching from one crisis to another. In 2023, that must end. That is the belief of HumanGood CEO John Cochrane. As he surveys the industry, Cochrane still sees plenty of operational areas requiring […]