Senior Housing News

Business information and industry analysis about Seniors Housing

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Omega Healthcare Investors Acquires Senior Living Technology Provider Connected Living

Omega Healthcare Investors (NYSE: OHI) has acquired senior living technology company Connected Living with an eye toward bringing technology into its senior housing and care properties. Connected Living — now a standalone subsidiary of the Hunt Valley, Maryland-based health care real estate investment trust (REIT) — works with senior housing...

How Brookdale’s HCA Deal Could Go Beyond Home Health

Last week brought the news that HCA Healthcare (NYSE: HCA) is paying $400 million for an 80% stake in the home health and hospice business of Brookdale Senior Living (NYSE: BKD). The move had long been rumored, with Brookdale’s need to shore up liquidity in the face of pandemic-related expenses adding urgency in recent months. The deal will bring the...

VOICES: Gary Pederson, Executive Vice President, MatrixCare

This article is sponsored by MatrixCare. In this Voices interview, Senior Housing News sits down with MatrixCare EVP Gary Pederson to learn why keeping senior living residents in the lowest setting of care matters more now than before the COVID-19 pandemic, how the senior living industry stands to benefit as Centers for Medicare & Medicaid Services...

Discovery Senior Living Launches Centralized Sales Center, Sees Improved Metrics

Discovery Senior Living on Thursday announced the launch of a centralized contact center at its home office in Bonita Springs, Florida, which will handle all future senior housing inquiries and better vet them for local sales teams. This is the latest move in what is shaping up to be a year of rapid growth for Discovery. Last month, the provider...

4 Workforce Strategies for Smaller Providers From Era Living, Balfour and Summit Vista

As the senior living industry shifts its focus from damage control to recovering from the Covid-19 pandemic, recruitment and retention remain a leading industry challenge. Unlike national senior living providers that can devote large amounts of time and money to filling positions, smaller or mid-sized companies often must find more creative ways...

New PRS CEO: Mirabella at ASU Filling Up, Demand for University Senior Living Projects Will Return

Pacific Retirement Services (PRS) was in talks for new senior housing projects with eight different universities last year when the pandemic hit and demand for those projects dried up. But that doesn’t worry Eric Sholty, who took the reins as the Medford, Oregon-based organization’s new president and CEO on Jan. 1. Sholty believes it’s only a...

Amazon Care, Ascension Help Launch Alliance to Bring More Care Into Seniors’ Homes

Amazon Care and St. Louis-based health system Ascension are helping to launch a new home-based care policy alliance with at least five other health care and home-based care companies. The alliance, called Moving Health Home, has a stated goal of “working to change federal and state policy to enable the home to be a clinical site of care,” according...

COO Outlook: Expect Senior Living Occupancy Rebound, Workforce Challenges in 2021

With the senior living industry largely focused on when occupancy will start to recover, chief operating officers with provider companies are focused on rebuilding census — and feeling optimistic about the prospects for 2021. In fact, several COOs indicated that they are less worried about restoring occupancy than they are about looming workforce challenges....

In the Pipeline: United Properties Plans Senior Co-Op; Frontier’s Growing Portfolio

Construction: In progress United Properties Plans Senior Cooperative Project Near Denver United Properties is planning to open a senior cooperative community in Westminster, Colorado. The community Applewood Pointe of Westminster, is planned to include 85 homes with an average size of about 1,500 square feet. Amenities are set to include a great...

Welltower Largely Splits With Genesis, Bolsters ProMedica JV in Deals Valued at $880M

Welltower (NYSE:WELL) announced Tuesday it has substantially exited its operating relationship with nursing home giant Genesis HealthCare (NYSE: GEN), with joint-venture health system partner ProMedica picking up some of the operator’s buildings.  In a separate transaction, Toledo, Ohio-based Welltower is divesting 25 properties that it acquired...

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