A staggering 40% of older adults treat chronic pain with opioids according to the New England Journal of Medicine. Prevalence of use, dangerous side effects and looming regulation has created a perfect storm of pressure on senior housing operators to address prescription drug use in their communities. Attendees of the Opioids & Senior Living: How […]
New Perspective Teams Up with Roobrik for Assessment Tool Eden Prairie, Minnesota-based New Perspective Senior Living recently partnered with Durham, North Carolina-based Roobrik, a provider of human-centric decision tools for age-related health and care decisions, to make an online assessment tool publicly available online. Specifically, Roobrik’s “Is it time to get help?” tool guides users […]
It’s no secret that many developers without senior living experience have entered the sector in recent years, seeing that demographics are set to drive demand. Established operators have anticipated that some of these projects will sputter out of the gate, presenting acquisition opportunities—and that is already coming to pass, faster than some expected. That was one of the […]
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 […]
Welltower Inc. (NYSE: HCN) is upbeat about the year ahead, despite the fact that two of its largest tenants are in rough waters and headwinds are hitting both the senior living and skilled nursing industries. The Toledo, Ohio-based real estate investment trust (REIT) is one of the largest senior housing real estate owners in the U.S., with a portfolio of hundreds […]
Cadence Senior Living Welcomes Nathan as VP of Sales and Marketing Cadence Senior Living has named Allyson Nathan as its new vice president of sales and marketing. In her new role, Nathan will lead the sales and marketing initiatives of the Scottsdale, Arizona-based senior living provider, to grow its portfolio of senior living communities across […]
AHCA/NCAL Elects New Board of Governors, Directors The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has recently elected AHCA’s board of governors and NCAL’s board of directors for the 2017/2018 term at its annual convention in Las Vegas. Among the new officers, both boards selected new chairs for the coming year: […]
Staffing issues are top of mind for many senior living executives who are working to recruit and retain a strong team. A new offering could improve retention by enabling workers to access wages they’ve earned before payday arrives. Cleveland, Ohio-based cloud-based human capital management software company OnShift recently introduced OnShift Wallet, a mobile app that gives senior […]
Construction: Planned MGL Partners and Solvera Advisors to Turn Historic Denver Building into Senior Housing MGL Partners and Solvera Advisors recently purchased the historic Tammen Hall building in Denver with the intention of turning it into affordable independent senior housing. The repurposed Tammen Hall is scheduled for completion in early 2019. When it opens, it will […]
Pre-dispute arbitration agreements have already been banned in long-term care—and it looks like they are now tripping up majority private-pay senior housing companies. A recent court case in Minnesota may encourage residents and their family members to challenge senior living providers’ controversial arbitration clauses, according to the Star Tribune. The court case revolves around the 2015 […]
