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Pathway to Living
The recent acquisition of 16 communities from Healthpeak (NYSE: PEAK) was the largest transaction in company history for Discovery Senior Living and marks the start of a strategic shift for the provider, to a structure of regional brands. The deal was publicly announced last week by Irvine, California-based Healthpeak, which is a real estate investment […]
The Covid-19 pandemic has created myriad problems for senior living providers. 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. With Covid-19 surging in markets around the country, we kick off the series by asking: How do […]
Pathway to Living was ready to receive its first move-ins at Aspired Living of LaGrange, a 117-unit assisted living and memory care community in LaGrange, Illinois, in early April. Construction was completed. The facility received a provisional license from the Illinois Department of Public Health. Then the coronavirus pandemic intensified across Illinois, forcing the owner […]
In the midst of the ongoing Covid-19 crisis, I imagine that few senior living executives paid much attention to recent news that Oak Street Health filed for an initial public offering (IPO). But, senior living leaders should consider the role that Oak Street and similar businesses could play in driving more affordable, better care for […]
The coronavirus pandemic is highlighting the need — and current lack — of middle-market senior housing, but Covid-19 may also be opening the door for investors and operators to meet growing demand for this product. Investor groups are studying the market landscape to determine how to crack the middle-market equation, and many see the easiest […]
Assisted living communities that have on-site primary care could gain a range of benefits — including advantages in battling Covid-19. However, bringing primary care into assisted living is not for the faint of heart, according to Brian Cloch, Principal at Innovative Health. “This is really, really hard,” he said, during a recent interview for the […]
Local bans on public gatherings to prevent the spread of Covid-19 have shuttered restaurants, bars and nightclubs across the country, leaving many suddenly out of work or uncertain where their next paycheck will come from. But the senior living industry could help absorb some of the blow by hiring these workers, which would also fill […]
Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]
LCS Hires Development and Real Estate Business Leader LCS has Charles Murphy as executive vice president and senior managing director of development and real estate. Murphy, who joins LCS in mid-February, is responsible for strategy and performance oversight of the LCS Development and LCS Real Estate companies. He has previously worked in leadership roles at […]