John RaloskyChief Operating Officer
John brings to Solvere Senior Living more than 27 years of experience in operations. He has served as Senior Vice President of Operations for SeniorBridge Home Health Care, Benchmark Assisted Living and Atria Senior Living.
John’s expertise has been focused on the turn-around of troubled senior living communities and healthcare providers. Some career highlights include the turn-around of three failing CCRCs in Indiana, Ohio and Massachusetts; two of which represented a two cents per share operating loss for the then publicly traded Manor Care. At Benchmark Assisted Living, John’s leadership was instrumental in bringing the occupancy rate up to 95% from a stalled 60% rate. John was an essential member of the management team for the largest division of Atria Senior Living with 26 properties which ultimately became the first division in the company to achieve over 90% occupancy. He also oversaw the turn-around of the largest substance abuse rehab provider in New York with over 33 programs and a $2million operating loss as well as a struggling home health company based in New York City.
In addition to his turnaround skills, John excels at business planning. At Benchmark he created and implemented the annual operating and capital budget processes, the monthly NOI forecast process, and the profit and loss review process. Additionally, in most of his positions, he restructured middle management positions to improve accountability and results, lowered operating costs and improved employee retention and satisfaction.
Education and Certifications:
Bachelor of Arts, Political Science, Fordham University
Board of Directors, First Montclair House