$750 Million MatrixCare Acquisition Brings ResMed into Senior Housing

ResMed (NYSE: RMD) is acquiring MatrixCare, the Minneapolis-based health care software platform that specializes in senior housing and care, in a $750 million deal. The transaction, announced Monday, allows San Diego-based ResMed to expand its out-of-hospital Software as a Service (SaaS) portfolio beyond home health and hospice and into skilled nursing and senior care, while […]

3 Tips for Operating Multiple Senior Living Restaurants

As senior living providers grow their ownership or operational portfolios at a steady clip, many are suddenly finding themselves in charge of multiple dining venues across senior living communities scattered throughout the country. With so many moving parts, and many diverse older adults to please, operating those restaurants can be a newfound challenge. But there […]

Senior Living Tech News: K4Connect Partnership, Monitoring at Parker Jewish

K4Connect Enters Into Strategic Partnership with Dude Solutions North Carolina-based K4Connect recently announced real-time work order integration with TheWorxHub by Dude Solutions, a provider of cloud-based operations management solutions also based in North Carolina. Accordingly, TheWorxHub by Dude Solutions will be integrated into K4Community, which is K4Connect’s flagship product specifically designed for senior living operators and residents. […]

Movers & Shakers: Heron’s Key Adds to Executive Team

MatrixCare Appoints New Executive for Life Plan Community Solutions MatrixCare, a long-term and post-acute care technology provider, appointed Gary Pederson as senior vice president of life plan community solutions. In his new role, Pederson serves as a member of MatrixCare’s executive team and takes full responsibility for the company’s life plan community solitions business unit, […]

NIC to Report Actual Senior Housing Rents

Several of the country’s largest health care real estate investment trusts (REITs) and major lenders have offered their support for a new initiative to track and report seniors housing actual rents, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. The initiative makes NIC the first to collect and report such data, […]

Senior Housing Investments & Transactions: ESI, Sienna Senior Living

ESI Arranges Sale of Indiana Skilled Nursing and Memory Care Facility  Shady Nook Care Center, a 37,332-square-foot skilled nursing and memory care facility in Dearborn County, Indiana, has sold to an undisclosed local buyer who will continue to operate the facility as currently established. Evans Senior Investments (ESI) arranged the sale. Shady Nook Care Center was […]

Big Data Means Big Changes Ahead for Senior Care

The Innovation Series is Brought to you by Care Innovations, a joint venture between Intel Corporation and GE, committed to creating technology-based solutions that give people confidence to live independently, wherever they are. With GE’s expertise in healthcare and Intel’s expertise in technology – we’re innovating to change the way care and solutions are delivered. […]