RiverSpring Living

What RiverSpring Living does

RiverSpring Living is a New York-based nonprofit (founded 1917 as the Hebrew Home at Riverdale) that operates a single 32-acre riverfront campus in Riverdale delivering a full continuum of senior living and post-acute care services. The service portfolio spans Independent Living (65+), Assisted Living (including a Medicaid-eligible tier), Memory Care, Supportive Living, Skilled Nursing at the award-winning Hebrew Home at Riverdale, Short-Term and Out-Patient Rehabilitation at the Hauser Rehabilitation Center, Licensed and Certified Home Health Aide services, Geriatric Care Management, and Hospice & Palliative Care. Underlying the operation is an integrated care-coordination platform that allows residents to age in place across levels of care on one campus, supported by an embedded wellness concierge staffed with NewYork-Presbyterian physicians.

The organization makes money primarily through recurring monthly fees for residential living arrangements and care services (private pay for most tiers, with Medicare and Medicaid coverage for skilled nursing and rehabilitation) plus fee-for-service home care. Pricing is quote-based and not publicly disclosed. The go-to-market is sales-led, targeting adults aged 62+ and their families through on-campus tours, a toll-free contact center, healthcare provider referrals (anchored by NewYork-Presbyterian), and affiliations with LeadingAge, LiveOn NY, AJAS, and SageCare.

The organization is currently executing a major capacity expansion under the brand River's Edge — New York City's first and only Life Plan Community — financed by a record $632,925,000 tax-exempt bond issuance with groundbreaking in May 2026 and occupancy expected December 2028. Operational recognition includes a CMS 5-Star Quality rating and the 2025 U.S. News Best Nursing Homes designation for the Hebrew Home at Riverdale, supporting preferred referral economics in skilled nursing and rehabilitation.

Name

RiverSpring Living

Legal name

RiverSpring Living

Website

https://riverspringhealth.org

Company type

Private

Founded year

1917

Operating status

Operating

Short description

RiverSpring Living is a nonprofit operator of a full continuum of senior care on a 32-acre Hudson River campus in Riverdale, NY — spanning Independent Living, Assisted Living, Memory Care, Skilled Nursing, Rehabilitation, Home Care, and Hospice for adults aged 62 and older.

Ownership category

akta.pro rank

Headquarters

HQ city

Riverdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Senior Living Residency Fees: Monthly fees for Independent Living, Assisted Living, and Memory Care accommodations. Residents pay for their apartment/residence plus care services based on level of need.
2. Skilled Nursing and Rehabilitation Services: Short-term rehabilitation and long-term skilled nursing care at Hebrew Home at Riverdale, typically covered by Medicare, Medicaid, or private pay.
3. Home Care Services: Licensed home care services, certified home health aides, and geriatric care management provided to clients in their own homes.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

RiverSpring Living is a nonprofit senior care organization that provides a full continuum of care for older adults on a single 32-acre riverfront campus in Riverdale, New York. Its offerings span Independent Living, Assisted Living (including a Medicaid-eligible track), Memory Care, Supportive Living, Skilled Nursing and Hospice & Palliative Care at the Hebrew Home at Riverdale, short-term and outpatient Rehabilitation at the Hauser Rehabilitation Center, and in-home services such as Home Care, Certified Home Health Aide, Licensed Home Care, and Geriatric Care Management.

Product overview

RiverSpring Living operates as a comprehensive senior living and care services organization offering a full continuum of care through multiple distinct service lines. The portfolio includes Independent Living, Assisted Living (including Medicaid-eligible option), Memory Care, Skilled Nursing at the award-winning Hebrew Home at Riverdale, and Supportive Living as residential options. Home-based care services include Home Care Options, Certified Home Health Aide, Licensed Home Care Services, and Geriatric Care Management. Rehabilitation services are provided through the Hauser Rehabilitation Center with both Short-Term Rehabilitation and Out-Patient Rehabilitation programs. Additional services include Hospice & Palliative Care. A major new development, River's Edge, is under construction as a Life Plan Community with luxury amenities, expected to open in December 2028.

Differentiator

Problem solved

Functional benefit

Brands

• Hebrew Home at Riverdale: Skilled nursing facility and main campus location
• Hauser Rehabilitation Center

Products and services

• Independent Living 65+ Retirement living residences for active adults aged 65 and older on the RiverSpring riverfront campus in Riverdale, New York, with access to on-campus amenities and higher levels of care if needs change.
• Assisted Living Residential services for seniors who need personalized assistance with daily activities such as bathing, dressing, medication management, and mobility, while preserving independence on the RiverSpring campus.
• Assisted Living Medicaid Medicaid-eligible assisted living option providing the same daily-activity support as standard Assisted Living for qualifying residents.
• Memory Care Specialized, secure residential care for individuals with Alzheimer's disease and other forms of dementia, providing structured routines and trained staff support.
• Supportive Living

Quantifiable outcome

• First Life Plan Community in NYC - addressing lack of comprehensive senior living options in the metropolitan area

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• NewYork-PresbyteriancoreStrategic or Co-development PartnerNewYork-Presbyterian doctors staff the on-site wellness concierge at River's Edge, providing residents with priority access to healthcare services and integrated medical care within the senior living community.
• LeadingAgeminorStrategic or Co-development PartnerMembership organization representing nonprofit providers of aging services; supports advocacy, research, and professional development for member organizations.
• LiveOn NYminorStrategic or Co-development PartnerAging services advocacy organization working to make New York a better place to age; collaborative relationship for community outreach and senior services.
• AJAS (American Jewish Aging Services)minorStrategic or Co-development PartnerFederation of Jewish-sponsored aging services providers offering peer networking, educational resources, and advocacy for member organizations.
• HealthPRO HeritageminorOthersHealthcare consulting firm providing operational expertise and support for rehabilitation and senior care services.
• CaringKindminorOthersAlzheimer's caregiving organization providing resources, training, and support for memory care programs and staff.
• SageCareminorOthersProvider of LGBTQ+ cultural competency training for aging services organizations; awarded Platinum recognition to RiverSpring Living.
• Foxy ManagementminorOthersManagement consulting services for senior living operations and organizational development.
• New York YankeesminorGTM or Marketing PartnerCommunity partnership providing entertainment and engagement opportunities for senior residents through baseball-related activities and events.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Brookdale Senior Living: Largest U.S. senior living operator with extensive independent living, assisted living, and memory care footprint including New York-area communities. Provides broad-market reference point for scale and pricing despite a different operating model.
• Sunrise Senior Living: Large national for-profit operator of luxury senior living communities with established presence in the New York metro. Competes with RiverSpring Living for affluent assisted living and memory care residents but operates as part of a much larger multi-state portfolio.
• Atria Senior Living: National for-profit senior living operator with multiple New York-area communities. Offers independent living, assisted living, and memory care at premium price points comparable to RiverSpring Living's target resident.
• Five Star Senior Living: National senior living and rehabilitation operator with communities in the Northeast. Comparable in scope of independent living, assisted living, memory care, and skilled nursing service lines.

Direct peers

• ArchCare: New York City nonprofit continuing care organization affiliated with the Catholic healthcare system. Operates skilled nursing, rehabilitation, assisted living, and home care across the metro area, directly overlapping RiverSpring Living's service mix.
• New Jewish Home: New York City nonprofit senior care organization providing skilled nursing, rehabilitation, and senior housing with a similar Jewish-community heritage to RiverSpring Living. Operates comparable full-continuum services in the same metro market.
• Isabella Geriatric Center: New York City nonprofit senior services provider offering skilled nursing, rehabilitation, and senior housing. Comparable to Hebrew Home at Riverdale in scale, mission, and Manhattan-area patient population.
• Maplewood Senior Living: Operator of luxury urban and suburban senior living communities in the Northeast, including the upscale Inspīr brand. Directly competes with RiverSpring Living's premium positioning and is expanding in the NYC metro area.

Regional players

• Chelsea Senior Living: New Jersey and New York-based operator of assisted living and memory care communities serving a comparable regional senior population with overlapping service lines.
• The Bristal Assisted Living: New York and Long Island-based assisted living operator with multiple communities serving a similar affluent senior demographic in the greater NYC market as RiverSpring Living.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RiverSpringNYC
• LinkedInlinkedin.com/company/riverspringnyc

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 RiverSpring Living