Senior living operators are adapting to meet the changing needs of the market, particularly in the high-acuity senior living sector. With favorable demographic shifts driving demand, organizations are expanding their memory care offerings and implementing innovative programs to provide personalized care.
Here are four memory care operators that are worth keeping an eye on in 2024:
The Aspenwood Company
The Aspenwood Company is experiencing rapid growth through acquisitions and has launched a research-based memory care program called Soar. Partnering with experts from Rice University, the program focuses on providing purposeful activities for residents to enhance their quality of life.
Willow Valley Communities
Willow Valley Communities is expanding its memory care offerings with a new village-style memory care center that emphasizes freedom of movement for residents. Additionally, the company is developing an urban high-rise community with integrated health care components.
The Moments
The Moments is known for its high-end memory care model and is expanding to new locations in Minnesota. The company prioritizes operations over real estate and aims to set the standard for memory care services nationwide.
Sage Oak Assisted Living and Memory Care
Sage Oak has launched a personalized memory care model called Curated Care, grouping residents based on their specific needs and abilities. By focusing on individualized care, the company aims to reduce the stigma associated with memory care services and improve outcomes for residents.
