Waveny lifecare network

What Waveny lifecare network does

Waveny LifeCare Network is a 501(c)(3) nonprofit, full-continuum senior care provider founded in 1975 and headquartered at 3 Farm Road, New Canaan, Connecticut. The organization operates independent living (The Inn at Waveny), assisted living and memory care (The Village), a 76-bed five-star CMS-rated skilled nursing facility (Waveny Care Center), short-term and outpatient rehabilitation, in-home care (Waveny at Home), and hospice and palliative care (Waveny Visiting Nurse & Hospice), supplemented by an Adult Day Program, a Respite Care program, and the free Navigator Alzheimer's and Dementia at Home service. Its clinical differentiation rests on a therapeutic memory care model centered on a purpose-built indoor "Main Street" streetscape (implemented 2001), a telemedicine platform that streams vital signs in real time to licensed RNs, and a proprietary tuition-free, earn-as-you-learn CNA training school (established 2022) that delivers 400 hours of instruction — roughly four times the state requirement — to address workforce shortages.

The organization's go-to-market is sales-led and locally concentrated, driven by direct family inquiries, in-person facility tours, community education events, and longstanding hospital and physician referral relationships that feed post-acute admissions. Revenue is generated through monthly all-inclusive fees for independent living and memory care, CMS-reimbursed skilled nursing and rehabilitation, fee-for-service home health and hospice across Fairfield and Westchester Counties, and tax-deductible philanthropic contributions supporting patient care, capital projects, and the uncompensated care fund. Waveny currently treats approximately 400 rehabilitation patients per year, operates Waveny Care Center at greater than 90% occupancy, and is in active expansion: a 41,000-square-foot short-term rehabilitation facility broke ground on May 27, 2026 with completion targeted for Spring 2028, supported by the "Build the Future of Care" campaign targeting more than $15 million in philanthropic contributions.

Name

Waveny lifecare network

Legal name

Waveny LifeCare Network

Website

https://waveny.org

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Waveny LifeCare Network is a nonprofit, full-continuum senior care provider founded in 1975 in New Canaan, Connecticut, offering independent living, memory care, skilled nursing, rehabilitation, home health, and hospice services to seniors across Fairfield and Westchester Counties.

Ownership category

akta.pro rank

Product category

Senior Care Services

NAICS

Nursing and Residential Care Facilities (623), Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Services for the Elderly and Persons with Disabilities (62412)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051), Services-Home Health Care Services (8082)

akta.pro primary industry

Skilled Nursing Facilities (SNF) (HLAFAFAB)

akta.pro secondary industries

Memory Care Units within Skilled Nursing Facilities (SNF/Nursing Homes) (HLADACAC), Transitional Care Units (TCU) (HLAFAFAF), Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination) (HLALABAG)

Keywords

• Senior care services
• Skilled nursing facility
• Memory care services
• Rehabilitation therapy
• Hospice home care

Headquarters

HQ city

New Canaan

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Residential and Care Service Fees: Revenue from all-inclusive fee structures for independent living, assisted living/memory care, skilled nursing, and respite care. The Village offers all-inclusive rates covering private apartment residence, therapeutic programs, meals, medication management, incontinence products, housekeeping, phone, WiFi, cable, and priority access to Waveny's continuum.
2. Home Health and Hospice Services: Fee-for-service revenue from home healthcare (skilled nursing, PT/OT/ST therapy, medical social work, home health aides, companions, live-in caregivers) and hospice/palliative care services. Reimbursed through Medicare, Medicaid, private insurance, and private pay.
3. Rehabilitation Therapy Services: Revenue from inpatient and outpatient rehabilitative care including physical, occupational, and speech therapy, therapeutic massage, nutritional counseling, and specialty programs (LSVT BIG and LOUD, Lymphedema, Vital Stim). Reimbursed via Medicare, private insurance, and self-pay.
4. Philanthropy and Donations: Tax-deductible donations from individuals, families, corporations, and foundations supporting the Patient Care Fund, capital campaigns, uncompensated care fund, and general operations. The organization is a 501(c)(3) nonprofit.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Waveny LifeCare Network is a nonprofit 501(c)(3) senior care provider operating a comprehensive continuum of healthcare services for older adults, including independent living, assisted living, memory care, skilled nursing, short-term and outpatient rehabilitation, home healthcare, hospice/palliative care, and adult day programs. The network serves seniors across Fairfield and Westchester Counties from its New Canaan, Connecticut campus and operates a state-accredited tuition-free CNA training school to address healthcare workforce shortages.

Product overview

Waveny LifeCare Network is a comprehensive senior care provider offering a full continuum of healthcare services across multiple living and care settings. The organization operates as a platform-plus-modules model with independent living (The Inn at Waveny), memory care and assisted living (The Village at Waveny), skilled nursing (Waveny Care Center), home-based care (Waveny at Home), and hospice services. Supporting these core residential and clinical services are specialized programs including telemedicine remote monitoring, inpatient and outpatient rehabilitation therapies, therapeutic recreation, adult day programs, and the Navigator Alzheimer's and Dementia at Home program. The organization also operates a tuition-free CNA training school. All services are coordinated through Waveny's nonprofit network to provide seamless transitions across care levels.

Differentiator

Problem solved

Functional benefit

Brands

• The Kathleen M. Fruin, RN Certified Nursing Aide School: State-accredited tuition-free nursing aide training program with earn-to-learn model established in 2022
• Navigator Program
• Waveny Care Center
• The Village
• The Inn at Waveny
• Waveny at Home
• Waveny Visiting Nurse & Hospice

Products and services

• The Inn at Waveny Independent living residence for active seniors in New Canaan, CT, offering supportive community living with chef-prepared meals, activities, housekeeping, 24-hour security, and priority access to Waveny's full continuum of healthcare services.
• The Village at Waveny Memory care and assisted living community featuring a therapeutic approach to dementia care with an indoor 'Main Street' design for cognitive support, plus all-inclusive monthly rates covering private apartment, meals, medication management, incontinence products, and WiFi/cable.
• Waveny Care Center 76-bed five-star Medicare and Medicaid accredited skilled nursing facility providing short-term rehabilitation and long-term care with award-winning wound care, IV therapies, and pain management programs.
• Adult Day Program Safe and supportive daytime environment for individuals with Alzheimer's or dementia, providing caregivers with respite time for errands and personal activities.
• Respite Care Short-term overnight stays for seniors with Alzheimer's or dementia at The Village, providing caregiver relief for stays as brief as 30 days, including personal care, 24-hour nursing, and therapeutic recreation.
• Waveny at Home In-home care and companion services including certified nursing assistants, home health aides, companions, live-in caregivers and homemakers serving seniors in Fairfield and Westchester Counties.
• Telemedicine Services Advanced remote patient monitoring program that securely captures vital health data and shares it real-time with licensed Waveny RN/health professionals, including interactive video visits, specialist consultations, and 24/7 provider access.
• Short-Term Rehabilitation Inpatient and outpatient rehabilitation services including physical, occupational and speech therapies, therapeutic massage, and nutritional counseling at Waveny Care Center.
• Outpatient Rehabilitation

Quantifiable outcome

• Serving more than 400 additional rehabilitation patients annually with the new 41,000 sq ft facility
• +4 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Amenta Emma (Architect)coreImplementation/ SI/ Consulting Partner · 27 May 2026Amenta Emma is the lead architectural firm that designed the new two-story rehabilitation center, collaborating with Waveny's clinical teams to incorporate adaptable patient rooms, modern rehabilitation technology, telemedicine capabilities, and family-focused spaces.
• Wesley Stout Associates (Landscape Architect)minorImplementation/ SI/ Consulting Partner · 27 May 2026Landscape architecture firm for the new rehabilitation center campus.
• A.P. Construction (Construction Manager)coreImplementation/ SI/ Consulting Partner · 27 May 2026Serving as the construction manager for the new rehabilitation facility project.
• Northeast Medical InstitutecoreStrategic or Co-development PartnerPartners with Waveny's Kathleen M. Fruin RN Certified Nursing Aide School to deliver CNA training. The institute supports the classroom instruction component of the state-accredited program located on Waveny's main campus at 3 Farm Road.
• Norwalk Community Health CenterminorStrategic or Co-development PartnerWaveny's CNA School partners with Norwalk Community Health Center to provide primary care, behavioral health, and family care services to CNA students, helping them stay healthy and focused throughout the program.
• Regional HospitalscoreStrategic or Co-development PartnerWaveny maintains longstanding partnerships with regional hospitals for patient referrals and care coordination, particularly for post-acute rehabilitation and skilled nursing admissions. The new center is designed to strengthen care coordination with regional hospital systems.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Benchmark Senior Living: Regional assisted living and memory care operator with a New England footprint, comparable to Waveny on assisted living and memory care product offering though operating for-profit rather than nonprofit.
• Masonicare: Connecticut-based nonprofit provider of independent living, assisted living, memory care, skilled nursing, and home health/hospice — directly comparable as a regional nonprofit full-continuum senior care network competing in the same Connecticut geography.
• Hebrew SeniorLife: New England-based nonprofit senior care provider with a full continuum including independent living, memory care, skilled nursing, and rehabilitation — comparable in nonprofit model, research orientation, and academic affiliations.
• Chelsea Senior Living: Regional New Jersey/New York assisted living and memory care operator with comparable community size and product mix, overlapping Waveny's referral corridors in the greater New York metro area.
• McLean Senior Living: Connecticut-area nonprofit continuing care retirement community offering independent living, assisted living, memory care, skilled nursing, and home care — comparable in mission, nonprofit structure, and continuum model to Waveny.

Regional players

• The Bristal Assisted Living: Long Island and Westchester-based assisted living and memory care operator with comparable upscale suburban positioning — overlapping the same affluent geography Waveny serves in Westchester County.

Broad incumbents

• Genesis HealthCare: Large skilled nursing and post-acute care operator with significant presence in the Northeast and overlap with Waveny's SNF, short-term rehab, and therapy services.
• Sunrise Senior Living: Large national assisted living and memory care operator with established presence in the Northeast — comparable continuum product (IL, AL, memory care) at scale and overlapping regional referral sources.
• Brookdale Senior Living: Largest U.S. senior living operator with independent living, assisted living, memory care, and skilled nursing offerings — broad incumbent with overlapping services and clinical programs.
• Atria Senior Living: National senior living operator with independent living, assisted living, and memory care across the Northeast — comparable product offering with brand-name scale and overlapping affluent-suburban demographic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/waveny
• YouTubeyoutube.com/channel/UCDpRq3tmO4i4mQk-2KkDQQg
• Facebookfacebook.com/wavenylifecarenetwork
• LinkedInlinkedin.com/company/waveny-care-network
• Instagraminstagram.com/wavenylifecarenetwork

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waveny lifecare network