Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
Brandywine Living
After Q4 2021 occupancy data came out earlier this month, NIC Chief Economist Beth Mace described the report as “really bullish, encouraging and optimistic.” In the weeks since, my conversations with various operators have confirmed a very positive story for the senior living industry with regard to move-in trends. In this week’s exclusive, members-only SHN+ […]
During the last year, many senior living ownership groups worked closely with operators and granted them leeway on certain pre-pandemic expectations. But the situation is now changing, creating tension and generating debate about whether new capital structures are needed. Corporate talent management firm Ferguson Partners recently had conversations with 13 industry executives, including owner and […]
Middle-market senior living has commanded a lot of attention recently, with demand set to rapidly expand in the coming years. But luxury senior living continues to hold great appeal for developers, investors, operators and — most encouragingly — consumers. Watermark Retirement is certainly not shying away from the luxury market. The Tucson-based company’s development pipeline […]
Coming out of Covid-19, senior housing will undergo transformations in three crucial areas: better integration of health care in communities; reassessing the built environment to provide a sharper focus on wellness and lifestyle; and addressing new and long-standing issues that impact operations. Some of these transformations are new, while others have been accelerated by the […]
When the pandemic hit last year and communities across the country closed their doors to the outside world, one common practice went by the wayside: multi-site staffing. In the pre-Covid days, it was common for senior living workers to move from one community to another, either within the same company or for different companies, sometimes […]
The senior living industry was sidelined from federal financial support for much of last year, due in part to lawmakers’ lack of familiarity with the sector. Going forward, the industry should do a better job of connecting private-pay senior living with the Medicare and Medicaid programs that command so much attention from lawmakers, Brandywine Living […]
Fast casual burrito giant Chipotle (NYSE: CMG) was struggling with outbreaks that prompted a temporary closure of all of its U.S. stores and led to negative headlines across the country. The year was 2015, and the culprit was a string of foodborne illnesses caused by E. coli, salmonella and norovirus that ultimately sickened 1,100 people […]
“Last year, we thought that the 2020s would be a transformative decade — what an understatement. 2021 will set forth a new era in health care and senior living at large as a result of the pandemic.” These are the words of Ascension Living President Danny Stricker, but numerous other top executives in the industry […]
Among the many lessons that Covid-19 drove home in 2020: No one can predict what the future holds. But as the senior living industry battles the latest wave of infections and starts to beat back the pandemic through vaccination, it’s also more important than ever to look ahead and try to identify what trends will […]