Avamere shifts growth to senior housing and home-based care
Avamere said it will direct future investment toward senior housing communities and home-based services while moving away from skilled nursing operations. The company framed the change as a response to evolving older-adult preferences and said more information will be shared as plans progress.
Why it matters: - Avamere is redirecting its future growth toward housing and care models that keep older adults more connected and supported at home. - The shift signals a move away from the traditional skilled nursing focus that shaped the company for 30 years. - The company’s strategy now centers on senior housing and home-based services, two segments tied to aging-in-place demand.
What happened: - Avamere announced on August 3, 2026, that it will focus future investment and growth on senior housing communities and home-based services. - The company said it will thoughtfully transition away from skilled nursing operations. - Avamere is based in Tigard, Oregon. - Rick Miller, founder of Avamere, said skilled nursing will always be an important part of the company’s story. - Mary Kofstad, CEO of Avamere Group, said the next chapter reflects what seniors and families need now and in the years ahead. - Avamere’s LinkedIn page was listed in the release.
The details: - Avamere said the decision follows 30 years of serving residents and families through skilled nursing. - The company said it remains grateful to residents, families, employees, and communities that supported that work. - Avamere said it will invest more deeply in its senior housing portfolio. - The senior housing strategy will emphasize choice, connection, wellness, and resident experience. - Avamere said the goal is to help older adults age on their own terms with the support they need. - The company said its home-based services will help people remain supported, connected, and independent in the place they call home. - Kofstad said Avamere wants to support people with dignity, choice, and meaningful connection, whether they live in a community or receive services at home. - The company said this work aligns with its mission to enhance the life of every person it serves.
Between the lines: - Avamere is positioning itself around where demand appears to be heading: less institutional care, more flexible support and residential options. - The transition also lets the company preserve its legacy in skilled nursing while rebalancing capital and attention toward services with broader growth potential. - The emphasis on resident experience suggests Avamere is trying to differentiate on quality of life, not just care delivery.
What's next: - Avamere said it will approach the transition with care and intention. - Residents, employees, partners, and communities will remain central to planning. - The company said it will share additional information as plans progress. - Avamere did not provide a timeline for the transition in the release.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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