What the $614M CareMax SPAC Deal Could Mean for Senior Living Providers

A transaction announced last Friday provides another sign of the increasing role of special purpose acquisition companies (SPACs) in shaping how older adults receive care and services. SPACs — also known as “blank check companies” — raise capital in public offerings, with the purpose of acquiring companies with high growth potential. SPACs have been very […]

Problem Solvers: Keeping Senior Living Staff Engaged Despite Covid Fatigue

The Covid-19 pandemic has created myriad problems for senior living providers. But these problems are not insurmountable, and companies across the industry are devising creative solutions. In this series, we’re surveying industry leaders to highlight these actionable solutions. With Covid-19 surging in markets around the country, we kick off the series by asking: How do […]

Eclipse CEO: Senior Living Must Recalibrate for Extended Pandemic, Expect Lasting Changes

Five months after Covid-19 reached U.S. shores, reality is sinking in about how long senior living communities will have to remain on a pandemic footing. For Lake Oswego, Oregon-based Eclipse Senior Living, one of the key areas of focus right now is “pushing a recalibration,” to help associates shift from the “sprint” of immediate crisis […]

Eclipse CEO: 2020 a Reset Year for Senior Living Industry

With millions of baby boomers reaching retirement age, an evolving landscape for pricing, a red-hot labor market and the looming potential for multiple avenues of disruption, it’s clear the senior living industry faces a new chapter. All of those forces will shape the industry for years to come, requiring that investors, owners and operators be […]

Former LVMH Moët Hennessy-Louis Vuitton Exec: Senior Living Needs ‘Aesthetic Intelligence’

Senior living executives who are striving to differentiate their companies from the competition, meet rising consumer expectations and increase industry penetration rates could make progress toward those goals by increasing their aesthetic intelligence. That’s the message from Pauline Brown, former chairman of the North American division of LVMH Moët Hennessy-Louis Vuitton — an enterprise that […]

Senior Living Executive Forecast 2020: Workforce Crisis Just In First Inning

Though the year is new, the top issues worrying the industry’s leaders are not — particularly the workforce crisis. Staffing is still top-of-mind for executives at companies such as Brookdale Senior Living (NYSE: BKD), National Health Investors (NYSE: NHI) and Senior Star. Labor expenses are climbing for many senior living companies across the U.S., and […]