Category: News

It’s the biggest but least-known business comeback story of this century: Senior housing is suddenly booming. In an article in MedCity News, Lifespark CEO, Joel Theisen shared that five years after being throttled by Covid lockdown, demand for senior housing soared to a record high this year. The number of occupied senior housing units has […]

LTC Properties (NYSE: LTC) today announced an acquisition of five communities managed by senior living operator Lifespark. The Westlake Village, California-based real estate investment trust (REIT) acquired from Tukka Properties for $195 million five independent living, assisted living and memory care communities totaling 520 units in Wisconsin. St. Louis Park, Minnesota-based operator Lifespark operates the […]

According to Tim Mullaney, editor, Senior Housing News, a proposal from the Centers for Medicare & Medicaid Services (CMS) to phase out a list of inpatient-only hospital procedures threatens skilled nursing facility (SNF) access if the so-called three-day stay rule is not eliminated, and also should prompt bigger thinking about the role SNFs can and […]

According to Austin Montgomery with Senior Housing News, the shift towards value-based care in senior living is continuing in 2025, driven by rising resident acuity, tight margins and payer expectations. As acuity drives changes in how operators manage their communities, senior living providers are more closely tracking health outcomes to show the benefit of the services they […]

Diane Eastabrook, reporter for Modern Healthcare, said that nursing homes are emerging from a years-long financial funk as more beds are filled, but that can make things tougher for health systems eager to discharge patients. Occupancy at skilled nursing facilities is ramping up to pre-pandemic levels as staffing stabilizes and growth in the number of […]

According to Tim Mullaney, editor for Senior Housing News, and panel moderator for an Executive Outlook on Skilled Nursing and Assisted Living at the ReTHINK Conference, the success of skilled nursing and long-term care providers today and in the future is increasingly tied to how swiftly and successfully they can adapt to a world in […]

By 2040, more than 80 million Americans will be aged ≥65, yet contemporary senior living communities still operate on a hospitality-first model developed for healthier cohorts three decades ago. This commentary argues that the next generation of senior living must pivot from hotel-style amenities to person-centric health platforms that proactively coordinate medical, functional, and social […]

According to Senior Housing News (SHN), in the last few years, senior living operators have built sophisticated tech suites in an effort to appeal to a new generation and become more efficient. Now, they are serving up those innovations in dining.  Operators are slowly investing in new technologies for kitchens and dining operations in order […]

Lifespark  has been awarded a Top Workplaces  2025  honor by Minnesota Top Workplaces and for the first time, the Meaningfulness Award. This award is based on scores in response to the question “My job makes me feel like I am part of something meaningful.” This feedback from employees determines all special awards and because it’s […]

In a Senior Housing News (SHN) article, Matt Kinne, Lifespark Chief Operating Officer, sat down with SHN reporter, Austin Montgomery, to talk about how Lifespark has embraced geriatric pharmacology within its community and senior living settings and if revenue and improved care is something we are seeing. In 2021, St. Louis Park, Minnesota-based Lifespark acquired […]