September has started with blockbuster health care news that carries major implications for the older adult market — and, by extension, the future of senior living. Giants of retail and insurance are behind the latest headlines: CVS Health — parent company of Aetna — is to acquire Signify Health in a transaction valued at about […]
Walmart
Best Buy (NYSE: BBY) has struck a deal to acquire Current Health, gaining further clout in how care and services are delivered to older adults in the United States. Richfield, Minnesota-based Best Buy announced the deal on Tuesday, but did not disclose the acquisition price. “Over the coming decade, significantly more health care can be […]
Brookdale Senior Living (NYSE: BKD) has been tapping executives from various outside industries to take on leadership roles at the company. Its new hire for Executive Vice President and Chief People Officer is Cedric T. Coco, former senior vice president of human resources for Lowe’s Companies, Inc. (NYSE: LOW). Headquartered in Mooresville, North Carolina, Lowe’s […]
Senior Lifestyle Announces New COO Chicago-based owner, operator and developer Senior Lifestyle Corp. announced the appointment of Lisa A. Fordyce as COO, where she will be responsible for leading the company’s operational business strategies and care initiatives. Before joining Senior Lifestyle, Fordyce served as a vice president of operations at Emeritus Senior Living, leading its […]
This week, Senior Housing News Readers learned about the new name for continuing care retirement communities (CCRCs) and delved into Brookdale Senior Living’s (NYSE: BKD) latest executive board appointments. Readers were also introduced to a new senior housing developer and discovered how asset prices have Welltower Inc. (NYSE: HCN) holding off on major deals. Here […]
In its quest to get through a turbulent period, the nation’s largest senior living company is enlisting someone from the nation’s largest retailer. Labeed Diab will be the new chief operating officer at Brookdale Senior Living (NYSE: BKD), the Brentwood, Tennessee-based provider announced Monday. Diab previously served as president of health and wellness at Walmart’s U.S. […]
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