After branching off on its own from the Avamere Family of Companies about a year ago, Arete Living has spent the last 12 months preparing for more growth by stabilizing its portfolio. The company’s occupancy and margins are improving, and in the last year Arete leadership has focused on building a new sales culture to […]
Telemedicine and artificial intelligence (AI) are helping to take the senior living industry to its next evolution by improving operations and care, while helping solve chronic staffing issues. From cutting down on operating expenses and the time it takes to craft an annual budget, AI has helped improve back-office functions for operators, while simultaneously improving […]
Senior living providers are working around the clock to address an increasing number of Covid-19 cases and prevent further infections — and these efforts come at a steep cost from a dollars-and-cents perspective. The industry as a whole is facing an adverse economic impact of between $40 billion and $57 billion over the next 12 […]
If Nicolette Merino is right, tomorrow’s older adults won’t actually want to move into senior living communities — or at least, not as they exist today. That may seem like a surprising notion coming from the president of Avamere’s Ovation senior housing brand. But it actually illustrates one of the brand’s core strategies: to attract […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Erickson Living to Expand Colorado CCRC Erickson Living plans to add two residence […]
Some senior living providers are standing out in their local markets by catering to residents with unique needs. In particular, two companies — Randall Residence, a senior living provider headquartered in Lawton; Michigan and Wilsonville, Oregon-based Avamere Companies — have developed operational models that blend traditional senior living with services for residents who have experienced […]
For the second year in a row, Jimmy Buffett reigns supreme. The most-read article on Senior Housing News in 2018 was a news story about plans for a third Margaritaville active adult community. Last year, the most-read article was about plans for the first Margaritaville development. The sustained interest in these projects suggests that senior […]
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Facing financial headwinds from low Medicaid reimbursements, some skilled nursing providers in Washington are eyeing a switch to other product types — including assisted living. The state’s current Medicaid system, which took effect in 2016, has led to constrained reimbursements across the state. That, in turn, has resulted in serious struggles for providers, even with […]
Avamere Health Services, a major regional senior care provider in the Pacific Northwest, has a new CEO. John Morgan, who began serving as CEO in 2012, has been replaced in that position by Gary Wart, Avamere confirmed Thursday to Senior Housing News. Avamere had not responded to requests for further comment as of press time. […]
