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Formation Chairman Whitman: Our New Value-Based Care Model Enters ‘Proof-of-Concept’ Phase with First Property Acquired

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Chip Gabriel shared some news with me during Senior Housing News’ recent WELLNESS event: The venture he’s undertaking with Formation Capital Executive Chairman Arnie Whitman and other partners recently executed its first acquisition, purchasing a 120-bed assisted living/memory care community in Tennessee.

And Gabriel himself is stepping back from the Generations senior living management company to focus on the new initiatives with Whitman. He will continue to lead two large development projects with Generations, and the management company will continue to be led by CEO Melody Gabriel.

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The post Formation Chairman Whitman: Our New Value-Based Care Model Enters ‘Proof-of-Concept’ Phase with First Property Acquired appeared first on Senior Housing News.

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