Dr. Atul Gawande, who put the U.S. senior housing and care system under the microscope in his bestselling book “Being Mortal,” has been named CEO of a new health care venture launched by corporate giants Amazon (Nasdaq: AMZN), Berkshire Hathaway (NYSE: BRK.A) and JPMorgan Chase (NYSE: JPM). The appointment of 52-year-old Gawande is effective July […]
Amazon
More and more, active adult housing developers are embracing forward-thinking concepts in order to prepare for the incoming wave of baby boomer residents. Two companies leading the way are Florida-based Minto Communities USA, which is behind the popular Latitude Margaritaville properties, and Miami-based homebuilder Lennar (NYSE: LEN), which last year announced home designs with integrated automation and voice control powered by […]
The wellness revolution in senior living is here to stay, and much of it is powered by technology. In a senior living context, wellness focuses on five main components: the emotional, mental, physical, social and spiritual. Technology touches each of these elements. To compete in the next decade and beyond, senior living providers must understand […]
It may only be a matter of time before Amazon.com’s (Nasdaq: AMZN) business purchasing platform makes more of a mark in senior living, if the experience of a major regional senior care provider in the Pacific Northwest is any indication. The Seattle-based online retail giant touted Amazon Business at the 2018 Argentum Senior Living Executive Conference in […]
Amazon.com (Nasdaq: AMZN) is hoping to make a splash in the senior housing procurement world—and it’s teasing that there’s more to come, as far as its role in the senior housing space is concerned. The Seattle-based e-commerce and cloud computing giant had a palpable presence at the 2018 Argentum Senior Living Executive Conference in San Diego, […]
Online retail giant Amazon.com (Nasdaq: AMZN) reportedly got a crash course in aging during a multi-city bus tour that included input from senior living innovator Bill Thomas. The bus trip provides even more evidence that the massive online marketplace is looking to transform the age-related services landscape. Most recently, the company was rumored to be developing […]
Experts have called voice technology the future of senior living—and now there’s concrete evidence to support their claim. Glendale, California-based senior housing provider Front Porch recently wrapped a pilot program involving Amazon.com’s (Nasdaq: AMZN) Echo device and various “smart home” technologies at Carlsbad By The Sea, a Front Porch continuing care retirement community (CCRC) in Carlsbad, California. Front Porch manages and […]
What do Netflix (Nasdaq: NFLX), Amazon.com (Nasdaq: AMZN) and senior housing providers like Benchmark Senior Living have in common? They’re all using predictive analytics to meet their respective goals. In the case of Netflix, the goal is to correctly guess consumers’ viewing preferences. For Amazon, it’s to drive sales by suggesting appealing products for specific people to purchase. […]
It’s not too uncommon to repurpose older buildings into senior living communities, but it’s pretty uncommon for senior living developers to be considering the same potential sites as Amazon.com, Inc. (Nasdaq: AMZN). Still, that may be what’s currently happening in Chicago. Chicago is one of the 20 U.S. cities currently vying to become the home of […]
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]
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