Sienna Senior Living Inc (TSX:SIA) News and Share Price

Sienna Senior Living Inc is a Canada-based owner of senior housing properties.

The company operates through three core business segments: Retirement Residences, Long-term care businesses and other.

Sienna Senior Living Inc claims to offer homelike atmosphere in select provinces and care communities.

Its Long-Term Care communities are located in Ontario and British Colombia. The LTC units cater to senior citizens with complex health issues who require personal support, assistance, and nursing services round-the clock.

The company offers private and shared rooms options under the Long-Term Care segment.

Sienna Senior Living Inc says that the Ontario-based customers can apply for LTC through their Local Health Integration Network.

The company provides retirement or assisted living residence units to those seniors who want independence from household chores and need assisted lifestyle. The retirement living houses include variety of suites and amenities with one-to-two-bedroom units.

Sienna Senior Living Inc claims that the rates are based on market prices and private living costs can be covered by insurance companies or veteran’s affairs.

In Ontario, the properties comprise shared or private rooms and equipped with round-the-clock nursing and personal attention services, it adds,

The company also provides the target customers with well-furnished private accommodations. In addition to these, the portfolio consists of shared and affordable residential properties.
 
In British Colombia, the LTC units are majorly subsidized by the Ministry of Health, the Canadian company claims.

Sienna Senior Living Inc further provides temporary option of ‘private-pay’ for those customers looking for faster placements.

For private-pay LTC, residents reportedly get wider options and need not fit any eligibility criteria and not required to contact their health authorities before moving in, the company claims.

Sienna Senior Living Inc also assists in providing restorative care services and therapy services like speech therapy, occupational therapy, and language therapy to its senior residents.

The company provides a comprehensive view of various properties, accommodations, and related services on the official website. In addition, locations of retirement homes and Long-term-Care houses are also available on the online platform.