‘A Lot of Groups Are Suffering’: Inside Asbury’s Tech Strategy and ThriveWell’s Launch

When the Covid-19 pandemic struck the United States last year, senior living providers across the country began to rely on technology to accomplish everything from connecting residents with loved ones to facilitating virtual tours and telehealth. But not every provider was able to pivot smoothly to more tech-enabled operations, after years of chronic underinvestment in […]

How Covid-19 Led Covenant, Asbury to Swiftly Revamp Their Strategic Plans

Covid-19 is forcing senior living providers to reassess their strategic planning, and many are not waiting for the pandemic to subside to adapt. Notably, large nonprofit providers such as Asbury Communities and Covenant Living Communities & Services are learning to be more nimble with their strategic plans, prioritizing a handful of improvements that can be […]

Senior Living Industry Confronts New Infection Control Reality

Infection control procedures in senior living have come under intense scrutiny during the coronavirus pandemic. With the immediate crisis and response in the rearview mirror, providers are now turning to keeping their communities safe for the long haul, and are applying the lessons learned responding to the virus as states across the country gradually reopens. […]

CCRCs’ Covid-19 Plans Must Handle Large Campuses, Complex Operations

Continuing care retirement communities face unique challenges in responding to the Covid-19 pandemic. Their large sizes, multiple entry points, varying levels of care acuities and layers of government regulations place added pressures on ensuring the safety of residents and containing the spread of the virus if someone tests positive. But providers can adapt their communicable […]

Shortage of Supplies Rapidly Worsens In Senior Living as Covid-19 Spreads

Assisted living and skilled nursing facilities across the U.S. already contending with acute shortages in personal protective equipment amidst the evolving Covid-19 pandemic will soon run out of supplies unless drastic and creative actions are taken. Without such action, 20% of assisted living and skilled nursing facilities will run out of PPE inventory within the […]

Wellness 2.0: Life Plan Communities Customize Programs to Boost Engagement

The wellness trend has taken the senior living industry by storm — but simply encouraging more healthy habits or offering one-size-fits-all wellness programs may not work. Residents carry with them certain innate behavioral traits and personalities that may affect their overall health and wellness outcomes, suggesting that providers need to think about catering their offerings […]

Transactions & Financings: Asbury Communities’ $96M Bond Refinancing; LTC’s AL Acquisitions

HJ Sims closes $96M financing package for Asbury Communities HJ Sims closed on a $96.12 million bond refinancing for Asbury Communities’ senior housing communities in Pennsylvania: Bethany Village in Mechanicsburg; and Springhill in Erie. Sims assisted Asbury the communities’ outstanding Series 2010 Bonds on their first optional redemption date of January 1. Sims successfully priced […]

New Tech Helps Revera, Asbury, Carlton Meet Workforce Challenges

The senior housing industry is gradually embracing technology but still struggles to keep up with the pace of new advancements, as well as the costs involved with implementing technology. Still, forward-thinking providers are making significant technology investments that are bearing fruit. When asked to name the single tech implementation that has made the biggest positive […]