Atria Senior Living

United States Assisted Living Facility Market Outlook Report 2022-2027: Advent of Next-Generation Assisting Living Communities & Rise in Frequency of Mergers and Acquisitions Bolsters Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 27, 2022

In the U.S., increased shifting towards independent living by senior/adult older people is delivering high market growth opportunities to assisted living facility market.

Key Points: 
  • In the U.S., increased shifting towards independent living by senior/adult older people is delivering high market growth opportunities to assisted living facility market.
  • Medicare and Medicaid do not fully cover assisted living costs or rent, but Medicaid covers the medical expenses at an assisted living facility.
  • Medicare and Medicaid represent some reimbursement helpful for assisted living facilities and seniors who reside in the assisted living facilities.
  • Currently, more than 28,900 assisted living facility providers are available in the U.S. Brookdale Senior Living, Alerislife (Five Star Senior Living), Atria Senior Living, and Enlivant hold a major share in the U.S. assisted living facility market.

Enquire, Glennis Solutions, and Sherpa CRM Join Forces to Create Market-Leading Senior Living Software Platform

Retrieved on: 
Thursday, October 27, 2022

DENVER and LOUISVILLE, Ky. and ST. LOUIS, Oct. 27, 2022 /PRNewswire/ -- Enquire, Glennis, and Sherpa have joined forces to create the market-leading software platform for the senior living industry, uniquely positioned to improve the lives of older adults and those who care about them by delivering the first comprehensive, scalable end-to-end software solution designed by and for senior living providers.

Key Points: 
  • "As a result, operators are increasingly turning to software to support revenue growth, operational efficiencies, staff retention and quality of care.
  • Enquire is the premier CRM, marketing automation and contact center solution provider in senior living and post-acute care.
  • Sherpa CRM, co-founded by Alexandra Fisher and David Smith, is a senior living enablement company that marries leading CRM technology, training, analytics, and customer engagement solutions to revolutionize the way senior housing is sold.
  • The company's proprietary CRM software was designed and implemented by senior living sales experts with more than three decades of experience in the industry.

COTERIE™ CATHEDRAL HILL ANNOUNCES MEMORY CARE AGREEMENT WITH NATIONAL DEMENTIA EXPERT, CARINGKIND

Retrieved on: 
Monday, February 21, 2022

Opening this spring, Coterie Cathedral Hill is the first location in the U.S. for the Coterie luxury senior living brand created by Related Companies and Atria Senior Living .

Key Points: 
  • Opening this spring, Coterie Cathedral Hill is the first location in the U.S. for the Coterie luxury senior living brand created by Related Companies and Atria Senior Living .
  • We wanted the latest and best advancements in dementia research and treatment for Coterie Cathedral Hill.
  • Coterie Cathedral Hill's alliance with CaringKind will bring innovative and compassion-oriented dementia care expertise in three major areas:
    Training CaringKind will train caregivers and the management team at Coterie Cathedral Hill using their "dementia foundations" modules.
  • Family Support CaringKind will provide quarterly coaching sessions for memory care residents' families, including methods for coping and self-care techniques.

Atria Taps Alexa to Empower Senior Residents

Retrieved on: 
Friday, January 21, 2022

LOUISVILLE, Ky., Jan. 21, 2022 /PRNewswire/ --Atria Senior Living has begun equipping its communities with Amazon Echo Shows, providing residents with a new level of convenience and control.

Key Points: 
  • LOUISVILLE, Ky., Jan. 21, 2022 /PRNewswire/ --Atria Senior Living has begun equipping its communities with Amazon Echo Shows, providing residents with a new level of convenience and control.
  • "The fact that Amazon is enabling 'fleet management' of the Echo Show is a game-changer in senior living,"said Atria CTO Chris Nall.
  • Atria operates seven distinct senior living brands: Coterie a luxury brand in a joint venture with Related Companies, Atria Signature, Atria Senior Living, Atria Park, Holiday Retirement, Atria Retirement and Gladwell.
  • Our secure enterprise platform uses voice assistants like Amazon Alexa to empower patients and seniors throughout their care journey.

Glennis Solutions Named Systems Solution Winner Of Louisville Healthcare CEO Council's International Competition For Aging Innovation

Retrieved on: 
Monday, November 15, 2021

"It's an honor to have this recognition from the healthcare leaders in our own city who are highly respected for their work in advancing aging innovation," said Brad Frasher, executive vice president of Glennis Solutions.

Key Points: 
  • "It's an honor to have this recognition from the healthcare leaders in our own city who are highly respected for their work in advancing aging innovation," said Brad Frasher, executive vice president of Glennis Solutions.
  • The Glennis suite covers the spectrum of managing senior living in an easy-to-use, easy-to-deploy, fully integrated cloud-based application.
  • Glennis has been well-received as a start-up, having been recognized with several awards for its innovative solutions.
  • Based in Louisville, Kentucky, Glennis Solutions offers the only fully integrated cloud-based software suite specifically designed to serve the unique needs of the senior housing industry.

b.well Connected Health named overall winner of Louisville Healthcare CEO Council's international competition for aging innovation

Retrieved on: 
Tuesday, November 9, 2021

"The Louisville Healthcare CEO Council's mission centers on aging innovation, and to identify, cultivate and nurture creative healthcare solutions that can improve the patient experience, support caregivers and improve health outcomes," said Tammy York Day, President and CEO of LHCC.

Key Points: 
  • "The Louisville Healthcare CEO Council's mission centers on aging innovation, and to identify, cultivate and nurture creative healthcare solutions that can improve the patient experience, support caregivers and improve health outcomes," said Tammy York Day, President and CEO of LHCC.
  • LHCC is comprised of the top 13 healthcare companies headquartered or founded in Louisville, KY.
  • These companies include Kindred Healthcare, Humana, Anthem BC/BS Kentucky, Apellis Pharmaceuticals, Atria Senior Living, Baptist Health, BrightSpring Health Services, Galen College of Nursing, Hosparus Health, Norton Healthcare, Signature HealthCARE, Trilogy Health Services and the University of Louisville.
  • "We are honored to have been selected the overall winner of the CareTech competition," said b.well CEO and Founder Kristen Valdes.

Amazon Brings Alexa to Senior Living Communities and Healthcare Systems with Alexa Smart Properties

Retrieved on: 
Monday, October 25, 2021

Designed specifically for the needs of senior living communities and healthcare facilities, Alexa Smart Properties simplifies deploying and managing Alexa-enabled devices at scale, helping properties offer customized Alexa experiences for residents and patients, and increase care team productivity and operational efficiency.

Key Points: 
  • Designed specifically for the needs of senior living communities and healthcare facilities, Alexa Smart Properties simplifies deploying and managing Alexa-enabled devices at scale, helping properties offer customized Alexa experiences for residents and patients, and increase care team productivity and operational efficiency.
  • Senior living communities like Atria and Eskaton will integrate with Alexa Smart Properties at select locations to provide a better experience for residents, while creating empowered and more connected communities.
  • In addition to support for senior living and healthcare, Alexa Smart Properties offers a set of vertical solutions that enable Alexa experiences in properties such as hotels, vacation rentals, apartments, offices, and more.
  • By working with solution providers like K4Connect, Lifeline Senior Living, Aiva, and Vocera, senior living and healthcare properties can use Alexa Smart Properties to easily deploy and customize large numbers of Alexa-enabled devices.

Apploi Adds Senior and Assisted Living Industry Executive Pat Mulloy to Advisory Board

Retrieved on: 
Thursday, September 2, 2021

NEW YORK, Sept. 2, 2021 /PRNewswire/ -- Apploi , a recruiting, onboarding, and credential management software company serving healthcare organizations, today announced the addition of prominent assisted living industry executive Pat Mulloy as the latest healthcare expert to join the company's advisory board.

Key Points: 
  • NEW YORK, Sept. 2, 2021 /PRNewswire/ -- Apploi , a recruiting, onboarding, and credential management software company serving healthcare organizations, today announced the addition of prominent assisted living industry executive Pat Mulloy as the latest healthcare expert to join the company's advisory board.
  • "Pat is a lauded executive in the healthcare industry, having established a deep knowledge of the senior and assisted living space over the course of his decades-long career," said Adam Lewis, CEO of Apploi.
  • "I know he'll be an incredible asset to our growing advisory board as Apploi expands to support more facilities in this market.
  • "Having been in this industry this long, I've seen first-hand how enormous a weight hiring is on healthcare organizations," said Mulloy.

Fortune and Great Place to Work® Name Holiday Retirement One of the 2021 Best Workplaces in Aging Services™, Ranking #4

Retrieved on: 
Friday, August 20, 2021

WINTER PARK, Fla., Aug. 20, 2021 /PRNewswire/ -- Great Place to Work and Fortune magazine have honored Holiday Retirement as one of the 2021 Best Workplaces in Aging Services.

Key Points: 
  • WINTER PARK, Fla., Aug. 20, 2021 /PRNewswire/ -- Great Place to Work and Fortune magazine have honored Holiday Retirement as one of the 2021 Best Workplaces in Aging Services.
  • Earning a spot means that Holiday Retirement is one of the best companies to work for in the country.
  • In that survey, 79% of employees said Holiday is a great place to work, compared to 59% of employees at a typical U.S.-based company.
  • Great Place to Workselected the Best Workplaces in Aging Servicesby gathering and analyzing confidential survey responses from more than 220,000 employees at Great Place to Work-Certifiedorganizations.

Seniors Housing and Care M&A Activity Soars 31% In Second Quarter of 2021, According to Acquisition Data from Irving Levin Associates, LLC

Retrieved on: 
Tuesday, July 20, 2021

Ventas' acquisition of New Senior Investment Group for $2.3 billion was the largest deal of the quarter.

Key Points: 
  • Ventas' acquisition of New Senior Investment Group for $2.3 billion was the largest deal of the quarter.
  • In addition, annual results of the seniors housing and care acquisition markets were published this year in the 26th Edition of The Senior Care Acquisition Report.
  • Irving Levin Associates was established in 1948 and has offices in New Canaan, Connecticut, and North Bethesda, Maryland.
  • The company publishes research reports and newsletters and maintains databases on the healthcare and seniors housing M&A markets.