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 […]
This article is a part of your SHN+ membership Senior living sales leaders in 2023 are building on momentum gained in the second quarter of the year while also strategizing how to reach residents who are now choosier than only a few years ago. Part of the reason for that choosiness is that today’s senior […]
A senior living operator in the Pacific Northwest is going bigger on mental health with a new partnership aimed at helping residents and their families better access — and crucially, pay for — behavioral health services. Earlier this month, Seattle-based GenCare Lifestyle announced it is the first major senior living operator in the U.S. to […]
Sales Blueprint Facilitates AL, Memory Care Sale Blueprint Healthcare Real Estate Advisors announced it facilitated the sale of a senior living community in the Baltimore area. The community – called Woodlands Assisted Living – is a 65-unit AL and memory care community that was built in 1999. The community’s performance was trending upward in the […]
As the senior living industry enters a post-Covid environment, rising expenses are hitting bottom lines and raising doubts about how quickly operators can recover financially. Labor was an ongoing concern, pre-pandemic. Now, hiring employees is the top challenge, and providers are competing against other industries for entry-level and skilled talent, face higher minimum wage floors, […]
Senior living providers face myriad problems and challenges, particularly in light of the Covid-19 pandemic. 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. For this edition, we asked leaders with Pegasus Senior Living, Cypress Living, Juniper […]
Senior living providers are still devoting considerable time and resources to Covid-19 testing, even as they ramp up vaccination efforts for residents and staff. The senior living industry made great strides early in the pandemic to bring Covid-19 tests into their communities. But nearly a year into the Covid-19 pandemic, providers are still implementing new […]
The Centers for Disease Control & Prevention (CDC) on Wednesday eased quarantine guidance related to Covid-19, and senior living providers welcomed the news. Previously, the CDC recommended that individuals quarantine for 14 days after exposure to someone with Covid-19. The new guidelines recommend that people can stop quarantining after 7 days if they receive a […]
As senior living providers pay higher hourly wages, bonuses and other incentives to frontline staff responding to Covid-19, some industry leaders believe that this is setting a new wage baseline that will remain once the pandemic subsides. However, GenCare Lifestyle founder and CEO Leon Grundstein is not so sure — the massive unemployment caused by […]
GenCare at Point Ruston, a new community in Tacoma, Washington operated by GenCare Lifestyle, received its first move-ins on March 2, nearly six weeks after Washington state reported the first U.S. coronavirus case. When the doors opened, GenCare at Point Ruston had move-in commitments from 47 seniors. By the time Governor Jay Inslee announced a […]
