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 […]
SRG Senior Living
CareTrust gets new CEO amid rumors of sale CareTrust (Nasdaq: CTRE) appointed former president and COO David Sedgewick to be its new CEO. Before joining the San Clemente, California-based real estate investment trust (REIT), Sedgwick held leadership positions at the Ensign Group (Nasdaq: ENSG), CareTrust’s largest tenant. CareTrust itself was formed in a spin-off from […]
Based on comments from panelists during two recent webinars, as well as conversations I’ve had in the last few weeks, I believe that two trends are converging in senior living: wellness and psychographics. Specifically, more senior living owners and operators are gathering and analyzing psychographic data to gain deeper insights into consumers. Savvy organizations will […]
The senior living industry has been adapting wellness-based practices in its operational model for years, from design trends to customized programming and activities to increase resident engagement. But pivoting to wellness is not a simple process, and involves — among other elements — engaging multiple stakeholders, transforming physical spaces, and integrating technology. That’s according to […]
Back in April, I observed that capital is pouring into the home care sector, and that senior living providers need to be alert to threats and opportunities posed by growth and innovations in at-home care. So, I’m not surprised that there’s an emerging trend of senior living providers starting or expanding at-home care business lines. […]
“We won’t go back to the way we were. The new normal will not be the old normal.” These words were spoken last week by Beth Mace, chief economist at the National Investment Center for Seniors Housing & Care (NIC). But, it was a sentiment that many people have been expressing over the past month, […]
Covid-19 is cementing senior living’s place on the health care continuum, as more owners, operators and health care providers join forces to keep residents safe from the virus while maintaining environments where they can thrive and achieve positive health outcomes. In one example of what the future might hold in terms of senior living providers […]
SRG Senior Living came into 2020 with momentum, having raised the bar on its wellness model while pursuing several other innovative initiatives in recent months and years. The Solana Beach, California-based provider is now benefiting from that hard work in its response to Covid-19, Founder and CEO Michael Grust told Senior Housing News. Notably, its […]
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 […]
Three decades after the senior living industry got off the ground, providers are still “inventing a business,” SRG Senior Living CEO and Co-Founder Michael Grust believes. The next evolution of the industry will see leading providers broaden their offerings across the continuum of care, in his estimation. “We need to be all things to a […]
Subscribe
Receive industry updates and breaking news from SHN