Presbyterian Senior Living Appoints Bernardo as CEO

Presbyterian Senior Living (PSL), one of the largest non-profit senior living providers in the nation, has named Jim Bernardo as president and CEO. Following the retirement of Stephen Proctor, Bernardo took the role of acting CEO in June 2019. Bernardo has been with PSL for three decades, beginning his career as an executive director and […]

Transactions & Financings: JLL’s $2B HFF Acquisition Approved; Presbyterian-Westminster Merger Called Off

JLL completes $2B HFF acquisition Stockholders at Dallas-based capital services provider HFF (NYSE: HFF) last week approved a proposal by commercial real estate services firm JLL (NYSE: JLL) to buy HFF in a cash-and-stock transaction valued at $2 billion. News of the deal was first announced in March. Both firms are active in the senior […]

HumanGood, Presby’s Affiliation to Create 6th-Largest Senior Living Nonprofit

The largest non-profit senior living provider in the state of California, HumanGood, will be extending its reach to the East Coast through a planned affiliation with Presby’s Inspired Life. The combined entity will be the sixth-largest national non-profit senior living provider, the organizations stated Monday in announcing the affiliation. Pleasanton, California-based HumanGood serves nearly 10,000 […]

Movers & Shakers: Presbyterian’s Sales and Marketing VP; Benchmark Names Resident Care Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Possible Presbyterian Senior Living, Westminster Merger Would Create Fifth-Largest Nonprofit Provider

Presbyterian Senior Living and Westminster Communities of Florida are considering a merger that would result in a combined not-for-profit organization with 54 communities, serving about 13,000 seniors across the full continuum. With a unit count over 7,100, the merged entity would rank as the fifth-largest not-for-profit senior housing and care organization in the nation, going […]

Tech Beat: CareWorx Raises $17 Million, CDW Healthcare Wins ASA Award

CareWorx Raises $17 Million in New Funding Round CareWorx, an Ottawa, Canada-based provider of senior care technology solutions, has closed a $17 million round of funding from Kayne Partners, the growth private equity group of alternative investment firm Kayne Anderson Capital Advisors. The technology firm plans to use the new investment to grow in the senior […]

Movers & Shakers: Norterre Adds Chief Information Officer

Norterre Adds Chief Information Officer to Executive Team Norterre, a residential, intergenerational neighborhood focused on improving health, added Kim Hynek as chief information officer and CFO of Action Pact, one of the partners of the project. Hynek has more than 25 years of experience in operations, development and financing of senior living and health care. […]

Under Pressure, Providers Go Big on Ancillary Services

Amid pressing business challenges and a changing resident demographic, the senior living industry is increasingly seeking out additional avenues to come out on top, with ancillary services playing an ever-larger role. These additional amenities and clinical services encompass everything from massage therapy and salons to dermatology and X-rays, administered on site at senior living communities […]