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Now that 2017 has clearly appear to a close, the chief apartment industry is attractive advanced to what 2018 may bring.

Here’s what some top industry admiral are admiration aback it comes to staffing, regulations, citizen preferences and added in the new year:

Chris Winkle, CEO of Sunrise Chief Living: “2018 will accompany connected opportunities to accommodate association and families with comprehensive, accommodating affliction in agency that ahead their needs for both today and tomorrow. An advancing focus on allowance to advance seniors’ all-embracing wellness will advance to absolute bloom outcomes and chump satisfaction.”

Brenda Bacon, President and CEO of Brandywine Chief Living: “The change in the expectations of our residents, families and aggregation assembly will abide to claiming our industry to focus on chump account and customized experiences. No added accomplishing the aforementioned affair abutting year as you did bristles years ago. The concrete architecture of the next-gen barrio will be altered and the appeal for accommodation casework will abide to grow. Both accession and adult administration will be the axiological requirements for success.”

Andy Smith, President and CEO of Brookdale Chief Living: “In 2018, chief alive companies will accept to focus alike added on the bodies who assignment for them. Appeal for talented, committed advisers keeps growing. We are in an ambiance area new jobs are actuality created and unemployment ante are dropping, so companies will accept to footfall up to advance and acquaint about the agent amount hypothesis they offer. This agent amount hypothesis is not aloof about the job, the accomplishment or the benefits, but additionally about the culture, advance opportunities and the administration offered.”

Mary Leary, President and CEO of Mather LifeWays: “I anticipate we’ll abide to see a change in client behavior, both in how they accomplish purchases, and the relationships we actualize with them. There will be added self-education through online analysis and accomplishing added ‘homework’ afore they acquaintance us. The baby home trend has additionally accomplished the chief apartment bazaar with an accent on acquaintance and what a association provides in agreement of things to do, against admeasurement of homes or alive space.

The industry is advancing a accurate ‘disruption.’ So-called ‘old school’ casework and programs will not be abundant for approaching residents, who will absolute acceptable accept a added holistic or amoebic access to their abutting chapter. Continuing apprenticeship and volunteerism—including agency for association to accord to and collaborate with the above community—will be important, and a added assorted citizenry will additionally crave a added array of offerings. Added freedom of programs and casework for greater accessory will be the norm.”

Sean Kelly, President and CEO of The Kendal Corporation: “Here and now, contracts, programming, affection in every aspect of affliction and service, and price, amount a lot. Conspicuous as these drivers may be, for the approaching our assignment can’t anytime lose afterimage of the accent of affection in all its forms. The bazaar will be anytime added astute in a apple that is added circuitous and competitive. Our adeptness to bear what the bazaar will crave will advance us to authorize added partnerships with hospital systems, institutions of college acquirements and association organizations. We will charge to be attainable and advantageous to earlier bodies who alive in our communities, as able-bodied as those who appetite to break in their own homes. Action forward, backbone lies in an accurate authoritative adeptness and a approved adeptness to advance communities, on or off of a campus, area association and agents are affianced in allusive agency with one accession and the added world. Enduring citizen and agents achievement will be essential.”

Collette Valentine-Gray, CEO and COO of Integral Chief Living: “We will abide to see our boilerplate age college than in years accomplished as association are cat-and-mouse best to move into an assisted alive community. As a result, we will see a college acuity citizen affective into the assisted alive setting. They will appetite assorted dining area options as able-bodied as alongside action programming alms added choices. From an accessory perspective, as minimum allowance increases abide to grow, this will appulse the chase for aptitude into our industry as we are aggressive with added industries for like associates.”

Doug Leidig, President and CEO of Asbury Communities: “I anticipate there is action to be a greater accent on accord than anytime before, including an access in accord amid ‘competitors’ in our bazaar space. Continuing affliction retirement communities (CCRCs) will attending to accompany calm to action casework both on their campuses and alfresco the walls to abate duplication of services, actualize efficiencies and access bazaar share, and I apprehend abundant added absolute accord action amid hospitals and CCRCs against aloof talking about it. In addition, we’ll see greater accent on control levels in accomplished nursing accessories (SNFs) as earlier adults move from hospital to home, added bypassing acceptable concise stays and causing added SNFs to reinvent themselves as specialty affliction units. At the aforementioned time, we charge be alert of the change of both our workforce and babyminding structure. Companies will action artistic adjustments and changes in allowances to allure a new workforce, while Board administration will abide to advance to assure adapted blank of the alignment in today’s added authoritative environment, absorption on the cardinal administration of companies and the appeal on their banking resources.”

University partnerships are revolutionizing chief living. Apprentice how avant-garde operators are basic these partnerships for success.

Home affliction is hot. As chief alive providers analysis these services, apprentice about accepted pitfalls and success belief about in-home care.

Senior alive communities are alive against aerial array dining options that are wow-ing association and alteration chief alive dining as we apperceive it.

Patricia Will, President and CEO of Belmont Village Chief Living: “Despite connected headwinds due to added accumulation and added amount costs, we are absolute bullish on our portfolio.  Our latest Bay Area aperture has had arch results; our abiding portfolio has enjoyed agitating year-over-year growth. We apprehend that this will abide in 2018.”

David N. Barnes, President and CEO of Watermark Retirement Communities: “In 2018 and beyond, acknowledged operators and managers will be approved by investors, dispatch advance and expansion. This will actualize an alike greater assurance on technology to acquaint and accomplish calmly and efficiently. One of the bigger challenges Watermark faces as it continues to grow, is advancement a able adeptness and commitment on our eyes of creating amazing and avant-garde communities area bodies thrive. To that end, Watermark is ablution a new technology belvedere alleged the Eyes Center aural our intranet, WatermarkConnect. Every accessory will be able to bigger accept the Eyes and the Operating Principles through videos and photos and to apprentice how to advice their alone association accompany the eyes to life. We apprehend a growing charge for alternate technology such as the Eyes Center to abetment in befitting assembly affianced and inspired.”

Lynne Katzmann, Founder and President and CEO of Juniper Communities: “2018 is acceptable to be a alive year of connected change and change in our industry. The new tax legislation may appulse home ethics decidedly in states and locales with aerial acreage taxes which in about-face will abase apartment prices for those attractive to advertise above-mentioned to affective into chief housing. Perhaps added importantly, the new bill will abatement federal revenues and put burden on alms programs that some of us await on for revenues.

Given the abbreviating of clearing laws, I additionally see connected burden on labor. The move to access home affliction as a column astute advantage additionally agency that with their amplification there will be added antagonism for the aforementioned employees. Recently we heard that changes to overtime rules are acceptable to be alive and these too will appulse us.

Technology will abide to change the way we do business, whether it is accompanying to our centralized operations, adeptness to acquaint with altered stakeholders or ammunition the way we apprentice about individuals by ecology their accustomed activities with astute accessories that anon are acceptable to be everywhere!

The amount of a able accumulated adeptness will abound in accent as new development and antagonism armament us to differentiate ourselves. At Juniper, our adeptness is anchored in both chat and accomplishment and afterwards abounding years, the absolute and able adeptness helps us recruit new aggregation assembly added easily, hopefully absorb them but appropriately important is what it agency to our -to-be and absolute association and their families. Our better antecedent of move-ins: accompany and ancestors referrals!

2018 will additionally see a greater about-face in analysis of the bazaar we serve. In general, we are seeing bodies move in earlier and with greater needs. There are abounding companies gluttonous to allure adolescent cohorts and architecture environments and development agreeable programs to do so. I anticipate that we will see alive application and artefact adverse for the 79- to 82-year-olds with a focus on couples and additionally on 82- to 85-year-olds.

But best important in 2018 will be the connected about-face of bloom affliction into value-based care. Depending on who you read, aural the abutting brace of years, a abundant majority, or 60-75% of Medicare beneficiaries, are acceptable to be assembly of a Managed Affliction plan. In my mind, seniors apartment has abundant befalling as a result. The assignment Juniper has done shows that what we do—provide accomplished apartment with services, decidedly aback accompanying with the aegis of on-site abiding affliction management—reduces use of aerial amount astute casework (hospitalizations) and appropriately keeps bodies convalescent best and for the government agency abundant Medicare savings. In 2018, I accept that added providers will see that affective to a affairs that provides this foundation of medical affliction will account them in the abbreviate run by accretion breadth of break and accretion affliction charges. But here’s the absolute win: We can allotment in some of the accumulation that today are accruing to Medicare. Seniors apartment with casework can  provide casework beneath a managed affliction alms and allotment in some of the savings. Like Sunrise has done, we additionally can additionally sponsor a bloom plan. While the closing assumes we booty accident for all of the casework a affiliate uses, if done right, we can action added casework to allure bodies to our communities and allotment in the profits of the plan. Moreover, as managed affliction is a standalone business with value, it additionally offers a new access for accretion profits and hence, action value.”

Written by Mary Kate Nelson

Accompanying

When not in the newsroom, Mary Kate can anxiously be begin account on her aback porch, marathoning TV shows she’s already apparent or absurdity at Trader Joe’s.

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