In 2019, senior living providers need get over a “me first” mentality and get collaborative. Occupancy will remain stagnant and workforce challenges will grow more complicated, but changes in the U.S. economy and health care system could alleviate some pressures and create business opportunities. However, to take advantage of opportunities, providers might need to “detonate” […]
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Senior Star, Sunrise Senior Living and an Erickson Living continuing care retirement community (CCRC) are among the top 50 senior housing workplaces in the U.S., according to a new list focused on the aging services sector from Fortune magazine research partner Great Place to Work. The first-ever list, which is currently available online and is set to be published […]
Capital Senior Living Partners with Dallas-Based OneDay Capital Senior Living (NYSE: CSU) recently partnered with Dallas-based startup OneDay to digitally preserve the stories of residents at its 129 senior housing communities. OneDay’s mobile app is an interactive, personalized storytelling tool, according to a press release. Residents can choose a conversation topic on the app, and […]
Senior Star Senior housing owner and operator Senior Star has been operating under a new CEO and leadership structure since August. The Tulsa, Oklahoma-based company, which owns and operates 14 senior housing communities in six states, promoted Anja M. Rogers to the role on Aug. 25, according to a press release provided Wednesday to Senior Housing News. Rogers, […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
Activist shareholders who have been putting Five Star Senior Living (Nasdaq: FVE) under pressure for a year will not see their nominee take a seat on the senior living provider’s board. David R. Ford, former Vice Chairman of the Board of Managers for Aegis Living, has withdrawn as a nominee to be on Five Star’s board, […]
The ongoing fight between activist shareholders and the managing director of Five Star Senior Living (Nasdaq: FVE) has reached yet another level of intensity. Shareholders William Thomas and Robert Thomas, co-founders of Oklahoma-based senior housing owner and operator Senior Star, have penned a lengthy public letter to other Five Star shareholders in which they blast […]
Five Star Senior Living (NYSE: FVE), one of the nation’s largest senior living providers, has blocked the efforts of activist shareholder Senior Star to gain a greater stake in the company, at least for the moment. The saga between Five Star and Senior Star goes back nearly a year, when Senior Star proposed to buy […]
A shareholder that has been putting public pressure on Five Star Senior Living (Nasdaq: FVE) to sell off assets now is seeking a larger stake in the company. Based in Newton, Massachusetts, Five Star is one of the largest senior living providers in the nation. Nearly 7% of outstanding Five Star shares are held by […]
