Lifesprk CEO: Innovations Underway to Bring Tealwood Portfolio Into New Care, Payment Models

Announced earlier this year, the acquisition of Tealwood Senior Living by Lifesprk was an industry milestone. Based in the Twin Cities metro area, Lifesprk specializes in providing value-based care largely through home- and community-based services. The company intends to bring more coordinated, integrated services to senior living residents by leveraging a mix of services and […]

Senior Living’s History of Home Care Failure May Repeat Itself

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. […]

Value-Based Care Innovator Lifesprk to Acquire Tealwood Senior Living; Bill Thomas to Lead Creation of Operational Model

Lifesprk — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living. The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to […]

5 Ways Lifesprk’s Tealwood Acquisition Could Drive Senior Living Transformation

The senior living industry appears to be recovering from the Covid-19 pandemic, judging from positive occupancy trends reported by public companies over the last two weeks. The inflection in occupancy is a relief, but I’ve been giving even more thought to the news that Lifesprk, a company that provides value-based care largely through home- and […]

Transactions & Financings: LTC Completes $78M Preferred Care Sale; Juniper Communities’ $12.3M Refinancing

Bellwether Enterprise provides $36.3M financing for Kentucky Development Bellwether Enterprise Real Estate Capital Executive Vice President John Powell originated a $36.3 million permanent loan through Fannie Mae’s seniors housing program for the refinancing of Legacy Reserve at Fritz Farm, a senior housing community in Lexington, Kentucky featuring 144 independent living, 33 assisted living and 15 […]

With Bill Thomas on Board, Lifesprk Brings Primary Care to Senior Living

Lifesprk has expanded its model to include bringing primary care services into senior housing settings — and senior care pioneer Dr. Bill Thomas is on board. The Minneapolis-based organization recently launched Lifesprk Health, a move aimed at delivering primary care services to older adults in the places where they live, including in independent living, assisted […]

Movers & Shakers: Affinitas and New Empire Join Forces, Name CEO

Affinitas, New Empire Corp. Join Forces, Name CEO New-England-based senior living management company Affinitas Life has joined forces with New Empire Corp., a family-owned real estate group founded in 1997. Bentley Zhao, founder, chairman and CEO of New Empire Corp., will lead the new company under the banner Affinitas Life, a Division of New Empire […]