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The Diversified Senior Living Company of the Future: Providers Look Beyond Housing in Covid’s Wake

The Citizen

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There are signs that Covid-19 has propelled more senior living providers to consider diversification strategies, adding new ancillary service lines as a financial and strategic play.

The trend was already underway before the pandemic struck, but with Covid-19 eroding occupancy to historically low levels, providers have recognized the risks in tying revenue almost entirely to census.


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