AgeLab Director Joseph F. Coughlin led a presentation on the future of senior housing and healthcare with Five Star Senior Living CEO Katie Potter, with COVID-19 emerging as a primary topic:
Coughlin believes that Covid-19 is leading to a fundamental reconsideration of density, and he foresees a shift away from monolithic buildings with large common spaces. Future senior living communities may become “fragmented,” with smaller buildings separated by green space, he told SHN.
The traditional model of senior living may remain profitable at the moment, and reducing the amount of revenue-generating space is not an easy proposition for developers. But, Coughlin thinks that boomers and their adult children have “profoundly different” expectations than previous generations, and their expectations are being shaped by the pandemic. And like [Katie] Potter, he emphasized the importance of supporting their desired lifestyles.
Read the full story via Senior Housing News.