Send us a text

In this engaging episode, Amber Bardon, CEO of Parasol Alliance, shares invaluable insights on how technology can serve as a powerful competitive differentiator in senior living communities. She discusses the importance of strategic assessments, fostering a positive tech culture, and the need for robust systems to adapt to the changing landscape of senior living requests and challenges.

• Technology as a competitive differentiator in senior living
• Amber Bardon's journey in the senior living tech industry
• Parasol Alliance's mission to transform community operations
• Addressing challenges with strategic technology assessments
• Importance of fostering a culture that embraces technology
• Future trends in technology for senior living communities
• Exploring falls prevention and process automation solutions
• The necessity of robust Wi-Fi for effective tech integration
• Encouragement for communities to invest in holistic tech strategies

Learn more at:

https://www.facebook.com/ParasolAllianceIT/

https://www.instagram.com/parasolalliance

https://www.linkedin.com/company/10195935

https://www.linkedin.com/in/amberbardon/

https://www.aisingtechpodcast.com

Send us a text

What if robots could revolutionize senior care without sacrificing the human touch? Our latest episode promises insights into how humanoid robots might be the key to addressing workforce shortages and rising care costs in an aging world. We dive into the capabilities of cutting-edge technologies like Tesla's Optimus and Figure 2, exploring their potential to transform routine care tasks and allow human caregivers to focus on emotional support. Hear our thoughts on maintaining a delicate balance between embracing technology and preserving essential human empathy.

Join us as we unravel the future of human-robot interactions, where communication evolves beyond simple commands to genuine, emotionally intelligent exchanges. Discover how advancements in natural language processing empower robots to understand and respond to human speech, emotions, and nonverbal cues, becoming empathetic companions that enhance the quality of senior care. We'll also examine the robots' ability to assist with delicate tasks and highlight the importance of user control and privacy, ensuring interactions feel supportive rather than intrusive.

Our exploration continues with a look at diverse models for integrating robots into senior care, from Robotics as a Service (RaaS) to specialized consulting firms offering tailored solutions. Finally, we reflect on the ethical implications of these technological advancements, emphasizing the need for ongoing dialogue to ensure everyone ages with dignity and respect. Tune in for a thoughtful exploration of how innovation and compassion can coexist in the future of senior care.

Read More

Send us a text

Is the senior housing market on the brink of a major transformation, or are we headed for a supply crunch disaster? Join us on the Senior Housing Investors Podcast as we engage with a seasoned Ai expert to unravel this paradox. With the 80-plus population projected to grow by over 20% in the next five years, the demand for senior living options is set to soar. Yet, new construction is stagnating at its lowest point since 2009. Together with our guest, we dive into the demographic trends and market forces driving this reality, including the role of baby boomers and their sky-high expectations for comfort and amenities in their twilight years.

Discover how the senior housing sector has achieved 12 consecutive quarters of occupancy growth, even outshining other real estate categories during economic upheavals. But it's not all rosy; we also tackle the challenges investors must navigate, like rising operational costs amid pervasive healthcare labor shortages. From active adult communities to specialized memory care facilities, we'll guide you through the spectrum of investment opportunities and risks. This episode is essential listening for anyone looking to harness the potential of this promising yet intricate market.

Send us a text

Unlock the secret to maximizing your real estate investment returns with expert insights from Chris Streit, CEO of Cost Segregation Authority. Discover how the strategic use of cost segregation can elevate your cash flow by accelerating depreciation on your properties. Special focus is given to senior living facilities, where reclassifying building components into shorter depreciation categories opens the door to immediate liquidity and further investment opportunities. Tune in to learn about the powerful tax incentives available, such as the 179D energy efficiency deduction, which can significantly amplify your financial returns.

Navigate the complexities of cost segregation and depreciation with us as we debunk myths like its restriction to new or improved properties. Chris sheds light on the broad applicability of these strategies across various real estate types and discusses the evolving landscape, highlighting reduced costs and increased accessibility of cost segregation studies. We dive into the critical balancing act between achieving immediate tax savings and managing future depreciation recapture liabilities, showing you how to execute a thorough cost-benefit analysis for smarter financial decisions.

Finally, gain a deep understanding of the intricacies involved in managing client expectations around recapture, particularly when properties are sold sooner than expected. We provide guidance on evaluating the economic viability of cost segregation for different properties, emphasizing the importance of holding periods and financial strategy. Learn how recent legislative changes, like the Inflation Reduction Act, present new opportunities and challenges in maximizing tax benefits through energy efficiency incentives. This episode is a treasure trove of practical advice, ready to transform your approach to real estate investment and taxation.

Send us a text

Ever wondered how senior housing is evolving to meet the needs of an aging population? Join us for an enlightening conversation with Matt Derrick, Managing Director of Confluent Senior Living, who shares his wealth of knowledge gained from over 15 years in the real estate sector. Matt takes us through his journey from Opus Northwest to spearheading Confluent's senior housing division, revealing innovative strategies that have set them apart in this competitive market. Learn how the division of roles in real estate development can leverage individual strengths and drive success, contributing to an impressive track record of 26 ground-up projects.

Discover the dynamics of the senior housing market as Matt and our host, John Hauber, tackle the challenges and opportunities presented by shifting demographics in areas like Houston and North Dallas. With a diverse cultural backdrop influencing housing demand, understanding these nuances is crucial for developers and investors alike. We also explore the untapped potential of the active adult space, highlighting how it offers a unique avenue to expand on traditional assisted living by catering to a broader spectrum of needs. As development capital becomes more accessible, the senior housing market is ripe with possibilities for those ready to seize the moment.

In our final segments, technology takes center stage as we discuss its pivotal role in enhancing residents' lives within senior communities. Matt outlines Confluent's future strategies, focusing on prime site selection and strategic capital partnerships that promise growth. We celebrate Matt's contributions to the industry and his successful collaborations with top operators. Don't miss this insightful discussion that not only covers the present landscape but also casts a vision for the future of senior living.

Send us a text

Unlock the secrets to enriching senior living with Wing Pepper, the visionary CEO and co-founder of Perch Houses. In this episode, Wing reveals his inspiring transition from a digital marketing maven to a pioneer in co-living solutions for women over 55. Driven by his personal journey of caregiving during the COVID-19 pandemic, Wing shares how Perch Houses tackles critical issues like loneliness and affordability for seniors. You’ll learn about the unique challenges faced by older women and how Perch Houses provides them with much-needed community and support.

Explore the transformative benefits of co-living, as we delve into how Perch Houses fosters a sense of belonging while alleviating financial stress. Wing discusses the concept of social determinants of health, emphasizing the critical role of a supportive living environment on well-being. Hear compelling stories, such as Ann's, a resident who enjoys the independence of private living while benefiting from a network of senior resources thanks to Perch Houses. Wing also sheds light on the hurdles of adapting this innovative model within the American cultural context.

In the final segments, we look into the entrepreneurial roadmap of Perch Houses, focusing on strategic partnerships and the exciting development of a proprietary digital platform. Wing discusses the future vision of creating integrated communities that offer health, wellness, and social activities, making these spaces attractive to a broader demographic. Stay tuned till the end to find out how to connect with Wing and discover more about Perch Houses' mission to revolutionize senior living.

Send us a text

In today's episode of the Senior Housing Investors Podcast, we sit down with Steve Groth, a seasoned property and casualty risk consultant with INSURICA, who provides enlightening insights into this critical issue. Through a heartfelt recount of his grandmother's hospice care, Steve shares how this personal experience reshaped his perspective on the profound impact of risk management and safety in healthcare and senior living sectors.

Steve walks us through the startling reality of high injury rates among employees in skilled nursing and assisted living facilities. Drawing parallels to industries like construction and manufacturing, he identifies key injury causes and their far-reaching effects on resident care, employee well-being, and staffing. Our conversation reveals the importance of communicating these impacts beyond just financial metrics, advocating for a holistic approach to support senior living operators.

We also explore the ripple effects of workplace injuries on organizational culture and caregiver-resident relationships. Steve's personal anecdotes and professional experiences highlight the significance of fostering a positive and safe work environment. From strategies for improving safety programs to leveraging leadership's role in mitigating risks, this episode is packed with practical advice for anyone involved in senior housing. Listen in for a thought-provoking discussion that underscores the necessity of prioritizing employee safety to enhance the quality of care in assisted living communities.

Send us a text

This episode features Greg Kotzbauer, co-founder of the About Me Institute, who shares his path from healthcare tech to championing value-based care at Dartmouth Institute for Health Policy and Clinical Practice. Discover how his efforts are steering organizations away from fee-for-service models towards systems that prioritize patient well-being and high-value care.

In this enlightening episode, John Hauber and Greg unpack the concept of value-based care, where outcomes take precedence over costs. Learn how proactive screenings and preventive measures, inspired by Sweden’s patient-centered approach, can transform healthcare. We also spotlight initiatives in North Carolina aimed at fostering meaningful provider-patient conversations, centering care around individual goals and preferences. Dive into stories and strategies that place the patient's voice at the forefront of healthcare.