DENVER and OMAHA, Neb. — iN2L, a Denver-based digital engagement company serving the senior living market, has acquired LifeLoop, an Omaha-based resident engagement platform that encourages communication between residents, staff and family members.
The buyer hopes LifeLoop’s suite of communication, experience and operational tools will help build healthy workplaces and communities that support the overall happiness, satisfaction and well-being of both residents and staff.
Today, amid mounting caretaker burnout, the industry’s staffing crisis continues unabated, further exacerbating existing operational and occupancy challenges. According to the National Center for Assisted Living, 96 percent of assisted living communities are grappling with staffing challenges today, which impacts their overall ability to engage residents and boost occupancy rates. The combined company seeks to boost resident engagement, improve well-being and foster connections while delivering administrative efficiencies to build workplace satisfaction and help fill gaps in the workforce.
“This acquisition allows us to leverage our technology, our industry relationships, and further our clear vision for the future of resident experience and engagement,” says LifeLoop co-founder and CEO, Amy Johnson.
With the acquisition, Johnson will move into a new position as chief strategy officer of the combined organization.
Terms of the acquisition were not disclosed.