This article is available as part of your SHN+ membership The opportunity ahead for senior living operators with middle-market models is sizable – so why aren’t more senior living operators doing it? The answer to that question changes depending on who you speak with. But generally, operators that have not dipped their toes in the […]
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The big health care headline in the last week was CVS’ purchase of Oak Street Health for about $10.6 billion. Also last week, Humana announced a five-year agreement with ChenMed — a company similar to Oak Street — to provide “senior-focused concierge care” to Humana’s Medicare Advantage members. Senior living providers have observed the reinvention […]
Pharmacy and retail giant CVS Health (NYSE: CVS) is exploring buying value-based health care provider Oak Street Health (NYSE: OSH) in a deal that could be valued at more than $10 billion. That is according to a report published in Bloomberg, which noted that a transaction is not a certainty. If Oak Street changes hands, […]
While many senior living providers continued the long march towards a pandemic recovery, the industry saw operators innovate with new development, and familiar players in the space face new challenges in 2022. Tackling the “quiet quitting” labor issue and reports of a Brookdale Senior Living (NYSE: BKD) sale led to the most-read top stories on […]
Transactions 3 LCS Communities Partner with HealthPRO Heritage Three Life Care Services communities are partnering with wellness and rehabilitation provider HealthPRO Heritage which will provide care and rehab to residents in the communities. The communities – Shipley Living, Foulk Living and Millcroft Living in Neward – are all Deleware-based senior living communities that came into […]
Pine Park Health is expanding its value-based health care model further into the affordable senior housing sector. Pine Park Health Chief Commercial Officer Dan O’Neill announced last week on LinkedIn that the company has expanded its value-based, in-home primary care model to serve nearly 400 more residents in Northern California. Pine Park currently operates in […]
Two senior living leaders have spoken of “self-disruption” in recent weeks. Bickford Senior Living Executive Vice President Alan Fairbanks used the term during his appearance on the SHN podcast, Transform. And HumanGood CEO John Cochrane gave an entire keynote presentation on the concept at the LeadingAge Illinois conference on May 17. Cochrane summed up the […]
Having raised $44 million, Pine Park Health is poised to bring primary care into more senior living communities in 2022 and beyond. Founded in 2019, Pine Park is part of a new generation of providers reinventing how primary care is delivered to older adults. Like companies such as Oak Street Health and Cano Health, Pine […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
