With contributions from Tim Regan and Nick Andrews Rapid growth, innovative operating models and seasoned leaders who are still generating new ideas. These are among the factors differentiating some senior living providers from the pack, making them companies to watch in 2022. As the industry embarks on a critical re-building year, these providers are taking […]
Silverado
While senior living operators continued to battle the Covid-19 pandemic in 2021, the industry was being reshaped by blockbuster deals. It’s no surprise that Atria Senior Living’s acquisition of Holiday Retirement — with Welltower (NYSE: WELL) investing in 86 Holiday properties — led to the most-read story on Senior Housing News in the last 12 […]
Erickson Senior Living has named Christian Sweetser as CFO, effective Jan. 31, 2022. Most recently, Sweetser has been serving as CFO of Irvine, California-based memory care pioneer Silverado. Prior to joining Silverado in 2016, he was a vice president at Toledo, Ohio-based real estate investment trust Welltower (NYSE: WELL). Catonsville, Maryland-based Erickson — known for […]
Brightview Senior Living and Summit Vista have again come out on top in the annual Best Workplaces in Aging Services list. The list, now in its fourth year, ranks the top aging services workplaces among 25 large senior housing and care providers and 25 small- and medium-sized senior housing and care providers. The list is […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Project: Planned Charter, DMK Plan Project in Kentucky Charter Senior Living is teaming up with DMK Development Group for a new senior […]
Silverado has entered into a definitive agreement to sell three hospice locations to Mission Healthcare for an undisclosed amount. The three locations — in Ventura and San Mateo, California, and Salt Lake City, Utah — are among the smallest sites in Silverado’s hospice business and will benefit from being part of a larger organization in […]
The Alzheimer’s Association recently released a report that found patients with dementia were more likely to contract Covid-19 than their healthier counterparts. It’s a reality known all too well by memory care providers, which had endured several years of headwinds before the pandemic forced them to confront even more harrowing challenges. Now, they are trying […]
Covid-19 is giving health systems a better appreciation for senior living’s position as a part of the health care continuum, and for the fact that operators can provide social determinants of health to keep overall costs down for hospitals and acute care settings. Providers are also forging bonds with local public health departments they overlooked […]
Silverado Co-Founder and CEO Loren Shook has lived the story of change that prompted the development of a portfolio of standalone memory care communities across a handful of states. By combining medical services with the social model for assisted living, Silverado has developed outcomes-based programming to improve quality of life for those with memory impairment. […]
Frontier Management hit an important milestone last year: its 100th community. While the Portland, Oregon-based senior living operator had been on an upward growth trajectory, its portfolio expanded rapidly last June with the addition of 20 memory care communities owned by real estate investment trust Welltower (NYSE: WELL) and formerly operated by Silverado. Now — […]