Ryan Novaczyk, the president and CFO of New Perspective Senior Living, is responsible for sales, accounting, staffing, and business development of the company’s facilities in Minnesota, Illinois, North Dakota, and Wisconsin. Active in several industry associations, Ryan Novaczyk is a member of the Assisted Living Federation of America.
If you have a relative with dementia, make sure that his or her assisted living center provides quality memory care. When you tour the facility, ask if staff members are able to accommodate all stages of dementia or if the resident will be asked to move if the illness progresses past a certain point. Also ask about the caregiver-to-patient ratio, which should be no higher than 1 to 7 for patients with advanced dementia. In addition, inquire if staff members will develop a formal, written plan of care and if they will be able to assist with all daily living activities, including eating, bathing, and using the restroom. Finally, ask about the memory care programs and activities that are offered to residents and the training the staff receives to care for patients with dementia.
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An expert in long term care operations, Ryan Novaczyk provides operational oversight of New Perspective Senior Living, where he serves as president and CFO. Outside of his work, Ryan Novaczyk is active with industry organizations that include the American Seniors Housing Association and the National Investment Center for the Seniors Housing & Care Industry (NIC), where he serves on the Operator Advisory Board. A nonprofit 501(c)(3) organization, NIC provides data and analytics to investors, analysts, and operators in the senior housing sector. In addition to helping industry professionals make informed investment decisions and increasing capital inflows to the sector, the organization works to support access and choice for senior citizens. Currently, NIC analyzes data across 140 of the largest metro markets in the United States. These data sets include inventory, occupancy rates, rental costs, and sales transactions information. The organization also develops time series data sets that explore supply and demand indicators, financials, property transaction information, and investment performance metrics. Moreover, NIC strives to improve the transparency of the senior housing sector through several new data initiatives. These include the development of indicators for operation metrics for housing providers, nursing home quality, lender volume, and attitudinal data sets. For additional information on the data and analytics at NIC, visit www.nic.org. A graduate of the University of St. Thomas in Minnesota, Ryan Novaczyk possesses more than two decades of business leadership experience in areas that include senior housing and senior care. Since 2008, he has served as the president and chief financial officer of New Perspective Senior Living in Eden Prairie, Minnesota. Outside of work, Ryan Novaczyk enjoys a variety of outdoor activities, including hiking and skiing.
With long, snowy winters and many popular outdoor areas, Minnesota is an excellent destination for people who like to ski or snowboard. The state is home to nearly 20 winter resorts, and each offers something for all ability levels. Minnesota's top skiing and snowboarding destinations include Highland Hills, Welch Village, and Afton Alps. Visitors looking for a family ski vacation will want to consider a trip to Lutsen Mountains, Giants Ridge, or Spirit Mountain Recreation Area. All offer family-friendly events, ski lessons, and terrain suitable for all ages and skill levels. Business executive Ryan Novaczyk takes care of the daily fiscal functions and operations of New Perspective Senior Living, where he oversees the company’s business performance and develops strategies for growth. Outside of his professional responsibilities, Ryan Novaczyk likes to spend time on one of his favorite hobbies, running.
Whether running is just a hobby or a way of life, the benefits of running are undeniable. 1. Running is a good way to improve your health. According to studies, running can increase the level of good cholesterol in the body. A cardio exercise that can help develop the lungs, running can prevent high blood pressure and boost the immune system. 2. Running prevents the risks of certain diseases. For instance, women runners have a lower risk of acquiring breast cancer. Patients who are going through the early stage of osteoporosis and diabetes are advised to try running. Running has also been found to reduce the risk of heart attacks because running helps the arteries become elastic and strong. 3. Running is a perfect weight-loss formula that is also recommended for those who want to maintain consistent weight. Calories burn faster with running. In fact, it is the second most effective way of burning calories. 4. Running is a confidence builder. As goals are set and achieved, it can give a sense of fulfillment that empowers the runner. 5. Running is a stress reliever. While stress causes a lot of health problems, running lets the body exert effort, which results in stress relief and lessens the likelihood of tension headaches. Ryan Novaczyk brings years of experience as a financial professional to New Perspective Senior Living, where he has served as the president and CFO since 2008. The recipient of a BA in financial management from the University of St. Thomas in St. Paul, Minnesota, Ryan Novaczyk also holds three certificates in seniors housing and care from the Erickson School of Aging at the University of Maryland, Baltimore County (UMBC). The Erickson School at UMBC prepares students for careers in the growing field of aging services. Driven by America’s 80 million baby boomers, this field offers a range of opportunities to individuals looking to address the challenges presented by the country’s aging population. Through forward-looking undergraduate, graduate, and executive education programs, the Erickson School provides an integrated learning experience that encompasses both policy and management. Classes are taught by accomplished faculty members who draw on their leadership experience in various areas of aging services to benefit students. The Erickson School was founded in 1994 with the help of John Erickson, the founder and chairman of Erickson Retirement Communities. To learn more about the academic institution, please visit Erickson.UMBC.edu. As president and CFO of New Perspective Senior Living, Ryan Novaczyk guides a network of 23 senior living communities across Minnesota, Illinois, Wisconsin, and North Dakota. Ryan Novaczyk emphasizes the idea that seniors can “Live Life on Purpose” with the help of his firm's dedicated employees and a full range of community amenities. In August, 2017, New Perspective announced a partnership with OnShift, an Ohio-based software firm that offers cloud-based human capital management solutions. Through OnShift Wallet, senior housing staff members are able to access earned wages that have not yet been paid. As described to Senior Housing News by the CEO of OnShift, a major benefit of the app is that it provides ready money to caregivers in cases where they need to access extra funds for emergencies or daily expenses. This avoids the need to access payday lenders who typically charge high interest rates, as well as the fees and inconvenience associated with overdrawn bank accounts. With OnShift, there is simply a fixed $5 fee for transactions through the app. The OnShift app reflects a generational shift, in which approximately 70 percent of new nursing home hires are millennials conversant in the latest mobile technologies. Having the app available provides employees with flexibility in their spending and offers a sense of caring about employee well being. The bottom line is greater peace of mind when unplanned events occur. After earning a BA in financial management from the University of St. Thomas and a UMBC Certificate in finance, senior housing, and care from the Erickson School, Ryan Novaczyk became the president and CFO of New Perspective Senior Living, a company that provides purposeful living situations for seniors. Ryan Novaczyk has also achieved success as a speaker, giving presentations at conferences for organizations such as Argentum, the largest senior living association in the United States. Argentum has encouraged its members to supply quality residence and care services since its founding in 1990. As part of this mission, Argentum offers several professional events every year, including its Senior Living Executive Conference & Expo. The 2019 conference will take place April 15-17 in San Antonio, Texas, at the Henry B. Gonzalez Convention Center. The conference will include talks from industry experts, and the expo will showcase products and services from leading senior-care providers. Since 2008, Ryan Novaczyk has guided New Perspective Senior Living, a company that operates over 20 senior living communities across Illinois, Minnesota, North Dakota, and Wisconsin. Also active in the field, Ryan Novaczyk holds membership in industry groups such as the Wisconsin Assisted Living Association (WALA). A pioneering professional organization in the assisted living and senior living industry, WALA has been serving its membership since 1994. Over the years, the organization has grown and evolved into a leading force in Wisconsin’s assisted living sector, providing its members with unparalleled resources while serving as the state partner to Argentum, a leading national senior living organization. To better serve its members, WALA provides a range of services, educational opportunities, and benefits. Among other benefits, WALA offers members access to low-cost liability insurance. Liability insurance is more important than ever for assisted-living facility operators, as managed care organizations are increasingly requiring providers to carry it. However, this insurance can be prohibitively expensive for small facilities. WALA has partnered with M3 Insurance to offer small operators the opportunity to buy this insurance at an affordable rate. To qualify, companies must be members of WALA and operate a facility with 10 beds or less. To learn more about this program, please visit ewala.org. Ryan Novaczyk is the CFO and president of New Perspective Senior Living in Eden Prairie, Minnesota. In this position, Ryan Novaczyk oversees operations for all 22 of the company's senior living communities in Minnesota, North Dakota, Illinois, and Wisconsin. For many, making the decision to move into a senior living community is a difficult one. Many seniors fear that they will lose their independence and that such a move will negatively affect their enjoyment of life. However, research has shown that senior communities actually increase a person's quality of life in three areas. Older adults with the highest levels of happiness are those who regularly socialize, exercise, work, and volunteer. Additionally, those with strong social relationships tend to live longer and experience lower rates of depression and higher cognitive abilities. Finally, older adults who are physically active experience lower rates of high blood pressure and coronary heart disease as well as higher levels of functional health. Senior living communities provide potential benefits in all three of these areas over the living situations of most older adults. |
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