Operations

MatrixCare EHR software Sandy Hudak

State-of-the-art software tools can improve operational efficiency, enhance resident outcomes and boost the bottom line. What can you utilize that has a positive impact on both residents and business results? Data and analytics. With real-time information on performance, senior care executives and clinicians can identify and overcome roadblocks to success. New improvements in the use of data and analytics are helping to guide decision-making. Data mining can boost staff efficiency and profitability. At the same time, data entry is becoming faster and easier. Software tools with the latest graphics make …

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OAK LAWN, Ill. — Anthem Memory Care has named Nick Katinos as executive director for Grace Point Place in Oak Lawn, southwest of Chicago. Katinos previously was executive director of Sunrise of Naperville North in Naperville. He also served as executive director for Brighton Gardens of Wheaton in Wheaton. He brings over seven years of senior living experience to this position. Katinos earned a bachelor’s degree in hospitality management from Johnson & Wales University in Providence, Rhode Island.

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SUN PRAIRIE and WAUNAKEE, Wis. — Trilogy Health Services has taken over operations at Sun Prairie Senior Living in Sun Prairie and Waunakee Valley Senior Living in Waunakee, the company’s first properties in Wisconsin. The last time Trilogy expanded into a new state was in 2006 when the company added The Oaks at Northpointe Woods in Battle Creek, Michigan to its roster of campuses. Trilogy now operates nearly 130 senior living communities across five states. Waunakee Valley offers residents independent living, assisted living, skilled nursing and rehabilitation services. Sun Prairie …

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SAN DIEGO — The one-two punch of the COVID-19 pandemic followed by a period of high inflation and soaring interest rates has had a negative impact on the performance of seniors housing, but the effects vary by subsector. The need to boost revenues is the primary issue in private-pay senior living, while a labor shortage remains the biggest drag on skilled nursing, say industry experts. Due to uncertainty over how these issues will be resolved, cap rates are rising to reflect the risk to investors. Operating margins for stable seniors …

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ALEXANDRIA, Va. — Goodwin Living, a nonprofit, faith-based senior living and healthcare services organization in the Capitol Region, has named Josh Bagley executive director of The View Alexandria. Bagley has served as the interim executive director since Goodwin Living acquired the retirement community in August 2022. Located in the West End of Alexandria on a seven-acre campus, The View Alexandria is home to more than 100 residents, employs more than 100 team members and offers independent living, assisted living and long-term nursing care. Bagley began his career with Goodwin Living …

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FORT WAYNE, Ind. — Priority Life Care (PLC), a Fort Wayne-based operator, has named Brian Gallo as corporate director of culinary experiences. He will be responsible for enhancing and expanding PLC communities’ culinary departments through quality, presentation and overall experiences. As a graduate of Purdue University with a bachelor’s degree in hospitality and tourism management, Gallo has over 20 years of combined experience in the hospitality/healthcare field. He has experience from restaurant openings that included menu development, kitchen operational procedures and new management hires to working with struggling concepts to …

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AURORA and LAKEWOOD, Colo. — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the operations of Hampden Hills Post Acute, a 218-bed skilled nursing facility in Aurora, and Mapleton Post Acute, an 84-bed skilled nursing facility in Lakewood. Both properties are located in first-ring suburbs of Denver. Ensign has signed long-term, triple-net leases for both. The owner was not disclosed. These acquisitions bring Ensign’s growing portfolio to 290 healthcare operations, 26 of which also include senior living operations, across 13 states.  Ensign subsidiaries, including Standard Bearer, own 108 real estate …

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EAGLE, Idaho — The Pennant Group Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, has appointed Barry Smith as chairman of its board of directors and Brent Guerisoli as a member of its board of directors. Smith has served on Pennant’s board since 2021. He previously served as chairman and CEO of Magellan Health Inc., the nation’s largest provider of behavioral health services and a leading provider of pharmacy benefit management services, from 2013 to 2019. He was also …

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CARLSBAD, Calif. — Funds advised by Lee Equity Partners LLC and Coastwood Senior Housing Partners LLC, two specialized investment firms, have made an investment in Integral Senior Living Management (ISL). As part of the investment, ISL will partner with Discovery Senior Living and form the fifth largest seniors housing operator in the United States. Lee Equity and Coastwood recently completed the recapitalization of Discovery Senior Living, which is led by CEO Richard Hutchinson. The investment in both companies by Lee Equity and Coastwood will create an opportunity to find synergies …

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WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC ), a REIT that primarily invests in seniors housing and healthcare properties, has announced plans to diversify its portfolio through the transition and possible sale of some of the properties in its Brookdale Senior Living (NYSE: BKD) portfolio, following Brookdale’s election not to exercise its lease renewal option. Brookdale is contractually obligated to pay rent on the portfolio of 35 assisted living communities across eight states through the end of the lease term on Dec. 31, 2023. The portfolio represents 8.4 …

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