The Battle for Senior Housing Occupancy is About to Begin

During our recent virtual Sales Summit, Oakmont Senior Living COO Matt Stevenson said something that caught my attention: “When we look in most markets, we’re hovering around 10% to 11% penetration … to fully recover as an industry, we’ve got to get that to 15% levels.” His point was that, with the vaccine rollout enabling […]

PointClickCare To Acquire Collective Medical for Reported $650 Million in Care Coordination Play

PointClickCare is acquiring Collective Medical, a care coordination technology company used by more than 1,300 U.S. hospitals and every national health plan, in a move to support the integration of senior living and other long-term and post-acute settings within the larger health care system. The acquisition price is just under $650 million, Business Insider reported, […]

Voices: Cheryl Crooks, Senior Director of Market Development Senior Living, PointClickCare

This article is sponsored by PointClickCare. In this Voices interview, Senior Housing News sits down with PointClickCare Senior Director of Market Development Senior Living Cheryl Crooks to learn why senior living must understand the relationship for residents between physical wellness and mental health. She also shares her passion for CCRCs, and highlights how access to […]

Transactions & Financings: Ensign Group Acquires Arizona Campus; Acts Sells Maryland Assisted Living Facility

Love Funding closes $16M in HUD financing Love Funding partnered with the Department of Housing and Urban Development (HUD) on two senior housing financing packages totaling $16.04 million. The firm’s parent company, Midland States Bank, was able to complete short-term bridge loans to secure funding. Highlights: A $3.14 million acquisition of Egida Hogar San Antonio, […]

Aging Media Announces Future Leaders Awards Class of 2020

Aging Media Network today announced this year’s Future Leaders Awards honorees, recognizing high-performing employees who are shaping the next decade of care delivery across the senior housing, skilled nursing, home health and hospice industries. The 2020 awards program is sponsored exclusively by PointClickCare Technologies, the leading cloud-based software platform for the senior care market today. […]

Voices: Murry Mercier, Enterprise Consultant, PointClickCare

This article is sponsored by PointClickCare. In this Voices interview, Senior Housing News sits down with PointClickCare Enterprise Consultant Murry Mercier to learn why senior living’s family-oriented model can create technology problems, what the technology industry must do to better connect with senior living and the beauty Mercier saw during a recent sabbatical in a […]

Transactions & Financings: Midwest Health’s $84M Refinancing; MBK Acquires California Community

KeyBank secures $84M financing for 11-property Midwest Health portfolio. A KeyBank Real Estate Capital team led by Vice President Lee Delaveris secured an $84 financing package through Fannie Mae for an 11-property portfolio consisting of independent living and assisted living facilities owned and operated by Midwest Health. The portfolio comprises 584 units with properties located […]

Transform Podcast #21: Michael Grust of SRG Senior Living

As the wave of baby boomer demand nears, senior living providers must be “all things to a lot of people,” SRG Senior Living CEO Michael Grust believes. Achieving this requires innovation and entrepreneurship at a time when operators face a “mosh pit” of challenges, but despite ongoing margin compression, Grust is bullish on the future […]

Voices: Travis Palmquist, Vice President and General Manager of Senior Living, PointClickCare

This article is sponsored by PointClickCare. In this Voices interview, Senior Housing News sits down with PointClickCare Vice President and General Manager of Senior Living Travis Palmquist to learn how senior living providers can use data to capture their “rightful seat at the table” in the care continuum, the top areas where providers need to […]