At a time when many single-site senior residing communities are scaling up by becoming a member of a bigger group, one life plan group in Pennsylvania is taking a unique method.
The group, The Highlands at Wyomissing, on Thursday introduced the launch of the brand new group, Aspire for Properly-Being. The group will function a holding firm for the group, and is supposed to supply a platform for future progress.
Aspire for Properly-Being’s umbrella will span three completely different segments: Aspire for Properly-Being House Care, Aspire for Properly-Being Healthcare and The Highlands at Wyomissing, the group’s group in Wyomissing, Pennsylvania.
The group at the moment has 240 residences, 62 off-campus villas and a brand new 41-apartment constructing that’s the marriage of two hybrid dwelling ideas. The group’s present occupancy ranges vary from about 90% in impartial residing to as excessive as 97% for off-campus models.
In accordance with The Highlands at Wyomissing and Aspire for Properly-Being CEO Kevin DeAcosta, the idea is supposed to assist the group spin off and increase providers equivalent to dwelling well being care additional exterior of its campus. It’s additionally meant to assist the group higher compete with different native well being care and senior residing suppliers.
“As a part of the Aspire for Properly-Being household of organizations, The Highlands will stay centered on its resident expertise and can proceed to supply the providers and the care that we’ve achieved now for nearly 35 years,” DeAcosta mentioned.
The brand new group is exclusive for a couple of causes, DeAcosta mentioned. One is that the completely different segments beneath the Aspire for Properly-Being model will probably be operated individually from each other and won’t be affected by monetary impacts or liabilities from the opposite entities.
“The construction permits us to search for considerate and intentional progress whereas defending the belongings that we at the moment have,” DeAcosta mentioned.
The group plans so as to add extra providers to the Aspire umbrella within the coming years, and he added that quick adjustments will probably be gradual with a main give attention to the Berks County group the place the nonprofit relies.
The launch of Aspire for Properly-Being was years within the making and is supposed to assist with each operations and assist meet demand from future residents in accordance with DeAcosta, and was established by The Highlands at Wyomissing’s board and management.
The group has previously tackled forward-thinking ideas in its new expansions. For instance, The Highlands’ hybrid venture, deliberate with senior residing structure agency RLPS, consists of models constructed round shared areas to foster stronger social ties. The idea additionally eschewed the lengthy connecting corridors typical in apartment-style senior housing. Moreover, the “hybrid of a hybrid” method was useful when looking for capital for the venture.
“On the finish of the day, we see there’s a demand for senior residing providers and the demographics supported,” DeAcosta mentioned. “And we need to take that which we do very well and increase our choices to different cohorts of senior adults.”