Drawing upon a decade of business leadership experience in the senior living sphere, Ryan Novaczyk serves as president and chief financial officer of Minnesota's New Perspective Senior Living. In addition to providing financial and administrative oversight to 22 assisted living communities in Minnesota, North Dakota, Wisconsin, and Illinois, Ryan Novaczyk holds membership with the American Seniors Housing Association (ASHA).
ASHA held its 2018 annual meeting in Orlando, Florida, where it announced the establishment of the Senior Living Hall of Fame and its first six inductees: Granger Cobb, Bill Kaplan, Bill Colson, Jim Moore, Bill Sheriff, and Stan Thurston.
An alumnus of UCLA, Cobb is the former CEO of Emeritus Senior Living which, during his tenure, grew to include more than 500 communities with 54,000 residents across 45 states. Kaplan founded the Chicago-based Senior Lifestyle and Colson managed an acclaimed international senior living portfolio with more than 300 communities before selling the enterprise for $6.5 billion.
Moore, meanwhile, has been engaged in nearly every facet of the senior living sector throughout his 50-year career and is best known as owner of the consulting company Moore Diversified Services. Sheriff managed his family's truck stop company before being hired as CEO of American Retirement Corporation. He retired in 2012 after assembling 647 senior living communities in 35 states. Finally, Thurston served 11 years as president and CEO of Life Care Services after guiding its operations management and development divisions.
Ryan Novaczyk has more than 20 years of business experience in the application, software, and long-term care sectors. For the past decade, Ryan Novaczyk has served as the president and chief financial officer at New Perspectives Senior Living in Eden Prairie, Minnesota, where he guides day-to-day operations and business strategy.
New Perspectives Senior Living is a retirement living community that has been in operation since its founding in 1998. The organization manages communities in Minnesota, Wisconsin, North Dakota, and Illinois. Each of the New Perspectives communities applies Four Pillars of Living Life on Purpose that help residents age with dignity and maintain independence. These pillars include:
1. Physical fitness - Residents have the option of participating in a variety of activities that range from yoga and dance classes to tracking progress on senior-inspired fitness equipment. Together, these activities help maintain health and a high quality of life.
2. Brain fitness - Residents strengthen neural connections through activities and games, such as art classes, musical sessions, educational seminars, and a touch-screen memory station.
3. Social and spiritual enrichment - Residents enjoy a calendar full of social activities that help lower rates of depression and cognitive impairments. Activities include concert outings, book clubs, church services, and bridge tournaments.
4. Dining and nutrition - An in-house chef provides residents with healthy, made-from-scratch menu items such as pan-seared salmon and freshly-made entree salads.
The holder of a bachelor's degree in financial management from the University of St. Thomas and certificate in seniors housing and care from the University of Maryland, Baltimore County, Ryan Novaczyk has served as president and chief financial officer of New Perspective Senior Living since 2008. Supplementing his professional pursuits, Ryan Novaczyk holds membership with Argentum, which is the leading national support association for businesses operating senior living communities.
In addition to advocating for beneficial legislation at the state and federal level, Argentum manages the nonpartisan Silver Political Action Committee (PAC), to which members can donate in support of candidates who value the senior living industry and whose goals align with those of Argentum.
There are rewards for individuals who donate at least $100 in any given year, while those who contribute more than $5,000 receive special recognition in Silver PAC publications as well as an invitation to the Annual Trustee Circle Dinner, among other benefits. Moreover, the donor that contributes the most money each year receives the Cobb Cup to proudly display in their offices. The 2017 recipient was Sunrise Senior Living, which raised more than $60,000 for the Silver PAC. As of September 3, the 2018 Silver PAC fund had received $181,899 in contributions from individual and corporate donors.
Since 2008, Ryan Novaczyk has leveraged his background in finance to manage the fiscal operation of New Perspective Senior Living, a group of residential communities specializing in senior housing and care. As the president and CFO, Ryan Novaczyk directs operations of the company’s senior living programs.
Memory care programs are designed to meet the specific needs of patients with Alzheimer's and other neurodegenerative diseases. These programs offer 24-hour trained staff support and set a routine schedule to help residents manage their day.
Memory care facilities often resemble private homes to help the residents feel more comfortable. The communities also offer activities such as brain games and exercises that stimulate cognitive development.
The features of memory care facilities, such as wall colors and signs, help individuals with memory issues navigate more easily. Safety systems are also in place to reduce the likelihood of residents wandering out of the facility on their own.
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.