It was the middle of the night and Priority Life Care CEO Severine Petras couldn’t sleep. With a pandemic still fresh on her mind, she found herself in a deep-dive into her company’s social media presence. She would often notice an out-of-place detail, like a mask not being worn correctly or an awkward photobomb in […]
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, […]
Environmental, social and governance (ESG) investments are growing within the senior living sector, as we reported a month ago. But just as our article appeared, a KPMG survey of more than 1,300 CEOs was released, with a contradictory finding: Half of respondents are “pausing or reconsidering” planned ESG efforts within the next six months, and […]
Last week, news broke that entrepreneur Adam Neumann — of WeWork fame, or infamy — now wants to transform residential real estate. And he has $350 million from Andreessen Horowitz backing his venture, dubbed Flow. Details about Flow are sparse, and WeWork’s tailspin made Neumann look more like a pariah than a visionary. Still, I […]
Juniper Communities is expanding into membership-based services. The Bloomfield, New Jersey-based senior living operator is formally launching a new health and wellbeing program with the goal of bringing about the “next generation of senior living,” according to CEO Lynne Katzmann. The new program, Catalyst, is an “ecosystem of programs and services” where residents will pay […]
Retail giant Amazon (NASDAQ: AMZN) is buying One Medical, a tech-enabled primary care provider, in a cash transaction valued at about $3.9 billion. With the acquisition, Seattle-based Amazon is gaining a platform for users to schedule appointments, renew prescriptions and access health records. As of March 31, One Medical had about 767,000 members and a […]
Lifespark recently announced the hire of Matt Nyquist, a former leader with UnitedHealth Group’s Optum arm, as chief population health officer. Nyquist will help lead Lifespark’s expansion to states beyond its home base of Minnesota later this year. Lifespark’s growth will mark another milestone in senior living’s evolution toward being more integrated within population health […]
For the first time in a long time, I am hearing general optimism about the senior living labor market. Owners and operators have expressed this optimism in conversations I had at the ASHA conference, in recent presentations from public companies, and in reporting that we’ve done for Senior Housing News stories. Some of the momentum […]
Many factors are compelling senior living providers to organize their operations around promoting and extending residents’ wellness, with shifting payment models among the most important drivers of this trend. At the forefront of this shift are providers like Juniper Communities and Lifespark. The two firms are taking different approaches to arrive at the same goal: improving […]
Last week, Senior Housing News was thrilled to convene a tremendous group of industry leaders and visionaries at our WELLNESS/DISHED event in Orlando. “The … meeting sparked some of the best discussions I’ve been part of this year on how we can improve and better support the physical, social, mental, and overall wellness of those […]
