Health Care REIT to Sponsor Senior Living Seminar at Cornell University

Sep 09, 2011

Ashlee McGandy, am754@cornell.edu, 607.254.1368

The Cornell University School of Hotel Administration (SHA) and Sloan Program in Health Administration in the College of Human Ecology have entered into a new collaboration with Health Care REIT, Inc. (NYSE:HCN) in which the company will sponsor a senior living seminar at the university.

The two-credit academic course—Planning and Operations of Senior Living and Related Facilities—was launched in 2010 with the support of SHA alumnus John Rijos, president of Brookdale Senior Living, and focuses on essential operations and management issues in the senior care industry. Specifically, the course highlights the benefits associated with incorporating hospitality into the rapidly growing fields of senior housing, Continuing Care Retirement Communities (CCRCs), and assisted living facilities.

“We are thrilled to work with Cornell University on a program that combines their expertise in hospitality with Health Care REIT’s expertise in the senior living industry to enhance the patient experience, as well as improve the overall quality of care,” said Stephanie Anderson, chief acquisitions officer-senior housing at Health Care REIT.

Heath Care REIT is providing financial support for the seminar, which is a two-weekend course that begins on September 30 under the instruction of John Rijos. Health Care REIT’s Stephanie Anderson and Christine Contardi Stone, vice president-corporate development, will serve as featured speakers during the second weekend of the course on November 4 and 5. In addition, Anderson is scheduled to speak during the 2011 Hospitality and Healthcare Roundtable, presented by the Center for Hospitality Research (CHR), a unit of SHA, on November 3 and 4.

“We are excited to have the support of Health Care REIT as we expand health care and hospitality education and research,” said Steven A. Carvell, associate dean for academic affairs at SHA. “This course is one of several initiatives that Cornell is spearheading to bridge the gap between the two industries and to create opportunities for students to learn about possible career paths.”

In addition to the course sponsorship, the collaboration with Health Care REIT will enhance research efforts and facilitate additional recruiting opportunities at Cornell. The CHR will plan a future research project based on industry data supplied by Health Care REIT. After donating the data, Health Care REIT will be enrolled as a “corporate friend” of the CHR. The company will also have several exclusive opportunities to meet with and recruit Cornell students.

About Health Care REIT, Inc.
Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of senior housing and health care real estate. The company also provides an extensive array of property management and development services. As of June 30, 2011, the company's broadly diversified portfolio consisted of 868 properties in 45 states. More information is available on the company's website at http://www.hcreit.com/.

About Cornell School of Hotel Administration
The Cornell University School of Hotel Administration is shaping the global knowledge base for hospitality management through leadership in education, research and industry advancement. The school provides management instruction in the full range of hospitality disciplines, educating the next generation of leaders in the world's largest industry. Founded in 1922 as the nation's first collegiate course of study in hospitality management, the Cornell School of Hotel Administration is recognized as the world leader in its field. For more information, visit www.hotelschool.cornell.edu.

About Cornell Sloan Program in Health Administration
Established in 1955, the Sloan Program is the nation's first two-year graduate program in health care management and has been training future health care leaders for over half a century.  It is named to acknowledge the support of the Alfred P. Sloan Foundation, which selected Cornell and funded the development of a new program to promote application of modern management practices to health care. Sloan is located in the multidisciplinary College of Human Ecology, which has a number of other programs that relate to senior living and health, including the Cornell Institute for Translational Research on Aging (CITRA) and an interdepartmental Gerontology program. For additional information: www.sloan.cornell.edu.