If you asked Pegasus Senior Living CEO Chris Hollister what keeps him up at night, he might tell you it’s the ongoing challenges in staffing.That is especially challenging in memory care. But thanks to predictive analytics and quantitative data analysis, improvements are already playing out for the company. Since the launch of Pegasus’ staffing model, […]
Pegasus Senior Living
Many senior living executives hoped 2023 would be the year that the senior living industry finally pivoted away from its biggest ongoing challenges. That did not happen as planned. In 2024, operators are sure to confront many of the same challenges as they have for the last almost four years. Staffing, occupancy, margins and other […]
Thanks to a data-first analytics approach inspired by the film “Moneyball,” Pegasus Senior Living is on an upward trajectory in staffing and occupancy. The Dallas, Texas-based senior living provider is thinking about more operations growth internally than external growth. With current capital market constraints, CEO Chris Hollister sees select acquisition opportunities for external expansion and […]
By Sloane Airey The future of memory care lies in technology, treatments and training. As the incoming baby boomer generation looms large over the industry, memory care operators and experts are in 2023 employing tools that include AI-powered tech, new Alzheimer’s-fighting drugs, and tried-and-true methods to move the sector forward for residents across the country. […]
Editor’s Note: We are thrilled to launch Memory Care Business, a weekly newsletter that will inform memory care professionals about the latest clinical innovations, breakthroughs in medical research and technology, best practices in operations, deals shaping the sector, and more. Thank you to those who have already subscribed, and we invite others to click here […]
This article is part of your SHN+ subscription During last week’s Q2 2023 earnings call, Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier characterized the company’s focus on higher-acuity settings as a competitive differentiator. “Our diverse portfolio of communities, with a higher mix of assisted living and memory care, sets us apart from the industry, […]
This article is part of your SHN+ membership “By 2026 or 2027, virtually every memory care unit in the country will be full,” Pegasus Senior Living CEO Chris Hollister said during the Senior Housing News BRAIN conference last week in Washington, D.C. That might be true, but getting through the next few years will not […]
The demographics and demand for memory care communities have set the product type up for long-term success and growth — now, the sector just has to overcome everything else. The memory care sector endured some harrowing challenges in 2020 and 2021.Staffing challenges, high expenses and negative perceptions from society at large have hamstrung some senior […]
About a month ago, Sodalis Senior Living got a shout-out during the Q1 2023 earnings call for Ventas (NYSE: VTR). Sodalis was one of the operators that “contributed significantly to the growth in the first quarter,” said Ventas Chief Investment Officer and EVP of Senior Housing Justin Hutchens. The mention can be seen as a […]
Pegasus Senior Living is stepping up to the plate in 2023 with plans to improve staffing through a data-driven “Moneyball” strategy while optimizing operations and growing in memory care. This past winter was “brutal” for Pegasus and the wider industry, according to Pegasus CEO Chris Hollister. But looking ahead, he sees more rebounding in 2023, […]
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