How Hospital System Woes, Strategic Shifts are Reshaping Senior Living

Hospital systems across the United States are pursuing strategy shifts that are starting to reshape senior living market dynamics and suggest new operating models. Health system ProMedica shed nearly all of its skilled nursing facilities while holding onto its private-pay memory care portfolio, in a recently announced deal involving Welltower (NYSE: WELL).  And about two […]

‘Every Customer Was White’: Senior Living’s Diversity Problems Demand Uncomfortable Conversations, Bigger Investments

The senior living industry has a diversity problem. A recently released report from a coalition made up of Argentum, ASHA and NIC helps quantify where the industry stands on diversity, equity, inclusion and belonging (DEIB). The report shows how much work is left to be done but also says the industry is “starting from a […]

AlerisLife Names COO as Part of Ongoing Restructuring Plan

Philip Benjamson is the new senior VP and chief operating officer for AlerisLife (Nasdaq: ALR), the senior living operator announced today. Benjamson comes to AlerisLife with 25 years in the senior living industry under his belt, including two stints as a COO — first with Blake Management Group from 2016 to 2018 and then again […]

Trinity Health Senior Communities CEO: Our Future Hinges on Closer Health System Alignment

When Jan Hamilton-Crawford took the reins as CEO of Trinity Health Senior Communities earlier this year, she vowed to implement some “bold changes.” For the Livonia, Michigan-based senior living organization, those changes will likely include much closer alignment with its parent organization, Trinity Health. As she surveys the senior living industry, Hamilton-Crawford sees a big […]

5 Senior Living Leaders to Watch in 2022 and Beyond

With contributions from Austin Montgomery, Tim Regan and Tim Mullaney The senior living industry is in a new era — one that is being led by a new class of leaders. Across the industry, senior living providers are forging new models for health care and wellness delivery in their communities, and in the process blazing […]

Large Nonprofit Trinity Eyes Active Adult, Would Take On Private Equity Models

Having taken the role in Oct. 2016, Steve Kastner has now been CEO of Trinity Health Senior Communities for three years — and it’s been an eventful time. With a portfolio rebalancing effort largely complete, the Livonia, Michigan-based nonprofit is pursuing growth in lower acuity settings, including an active adult model that could compete against […]