Rising resident acuity is impacting senior living margins, and in response operators are getting creative to make bottom line improvements even as challenges remain. In recent years, especially with the pandemic, operators have said residents are arriving in senior living communities with more care needs than in the past. That phenomenon is shaping the future […]
This article is part of your SHN+ subscription Top leaders of senior living organizations are busy preparing for the future – sometimes as far out as the next half-century. Senior Housing News has spoken with quite a few top leaders of senior living operators across the country in the past month – at the recent […]
Sheri Peifer has been busy since becoming CEO of non-profit senior living operator Eskaton in September. Peifer and her executive team are embarking on making “very important changes and transformation” to set the company up to succeed for not just the next decade, but “the next 50 years,” she told Senior Housing News. In her […]
This article is part of your SHN+ subscription It’s a common refrain in senior living: Today’s independent living is yesterday’s assisted living; and today’s assisted living is yesterday’s skilled nursing. Although that is obviously an oversimplification of the senior living care continuum, the current acuity level of residents is driving major strategic decisions at big […]
Transactions Eskaton Exits Skilled Nursing, Narrows Focus to Senior Services and Residential Living Eskaton announced its exit from the standalone skilled nursing sector with the sale of three skilled nursing communities that are not part of a larger residential living community in a deal valid north of $35 million, according to the Sacramento Business Journal. […]
Amazon (Nasdaq: AMZN) is expanding its enterprise Alexa Smart Properties for Senior Living service to operators in the U.K. and parts of Europe. With the Nov. 23 announcement, the Seattle-based online services and retail giant is giving care providers and assisted living facilities in the U.K., France, Italy and Germany the ability to better manage […]
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Facing historic labor pressures, some senior living operators are turning their focus on improving working conditions as a way to recruit and retain workers. A recent survey by the National Investment Center for Seniors Housing & Care (NIC) showed that attracting and retaining staff is the most significant challenge operators face in 2022. In the […]
Senior living providers will be able to more easily and effectively deploy and manage Amazon voice technology at scale through a new enterprise solution from the tech giant. The ability to fleet-manage Amazon’s voice technology is a “big breakthrough,” Atria Senior Living CEO John Moore told Senior Housing News. Atria is among the first providers […]
Back in April, I observed that capital is pouring into the home care sector, and that senior living providers need to be alert to threats and opportunities posed by growth and innovations in at-home care. So, I’m not surprised that there’s an emerging trend of senior living providers starting or expanding at-home care business lines. […]
