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That’s what Lifespark CEO Joel Theisen and LeadingAge President & CEO Katie Smith Sloan answered in a Q&A in Modern Healthcare.
The healthcare industry is facing a wide variety of challenges—and solutions aren’t always straightforward shared the reporter, David May. The number of people age 65 and older in the U.S. is projected to rise from more than 56 million now to over 73 million by 2030. Their care needs will grow along with their numbers. So, what’s ahead for the senior care sector?
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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 […]
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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 […]
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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 […]
