Kaiser Permanente on Wednesday announced it is acquiring Geisinger and folding it into a new entity, Risant Health, in a deal that could have wider implications for how care is delivered in senior living communities. With the deal, the terms of which were not disclosed Wednesday, Danville, Pennsylvania-based Geisinger will keep its name and mission […]
Clover Management
The big health care headline in the last week was CVS’ purchase of Oak Street Health for about $10.6 billion. Also last week, Humana announced a five-year agreement with ChenMed — a company similar to Oak Street — to provide “senior-focused concierge care” to Humana’s Medicare Advantage members. Senior living providers have observed the reinvention […]
Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]
Active adult has been hot for several years, but the sector appears to be on the cusp of a major boom. Aided by a recent milestone NIC research report defining the product type, investors and capital partners are increasingly seeing active adult as a good senior housing bet. The topic was on the lips of […]
As the wave of baby boomers approaches the senior living industry, companies playing in the active adult sector are honing their strategies to attract them. Two big trends have emerged in the sector: communities tailored to middle-income residents, with more affordable rates and services; and active adult communities that serve as a platform for health […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
With Covid-19 dominating the news for most of 2020, it’s no surprise that the most-read stories of the year were all related to the pandemic. In particular, readers were interested in how Covid-19 might change the way that communities are designed, with the top two stories both focused on this topic. And the hottest design […]
The opportunity for middle-market senior housing is vast — and so are the number of markets that may be a good fit for Clover Management communities. From New York and Pennsylvania to Ohio and Indiana, the Williamsville, New York-based company is expanding its model of reasonably priced senior housing communities. Today, Clover has 35 occupied […]
Compared to assisted living and memory care, independent living and active adult communities can be harder to secure during the coronavirus pandemic. The better health, mobility and independent nature of their census can make social distancing a bigger ask, and the leaner staffing necessary to operate these communities means residents have less support in the […]
Tom DeRosa, CEO of Welltower (NYSE: WELL), earlier this week highlighted a partnership with health system Geisinger as he put forward a vision for how to meet the massive coming demand for senior housing at a middle-income price point. The Geisinger collaboration can be traced to Welltower’s August 2019 acquisition of a portfolio of Clover […]
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