Carp Commons’ parent company named best managed in 2023

CARP – The Carp Commons Retirement Village’s parent company Verve Senior Living is one of Canada’s best managed companies.

Canada’s Best Managed Companies is Canada’s leading business awards program, recognizing excellence in private Canadian-owned companies. Each year, hundreds of entrepreneurial companies undergo a rigorous application process, but only the best are awarded with this prestigious designation.

“We are thrilled to announce that Verve Senior Living has been granted the prestigious award of Canada’s Best Managed Companies for 2023,” Carp Commons staff released in a statement Tuesday (May 11). “Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world class businesses. As such, we are humbled to be recognized for our industry-leading performance, exemplary business practices, and sustained growth.”

Verve Senior Living was recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award. To attain the designation, eligible companies are evaluated on their leadership in the areas of strategy, culture, commitment, capabilities, innovation, governance, and financial performance.

“The entire team at Verve is thrilled to be receiving this award,” Verve Senior Living President and CEO David Bird said. “We strive to constantly improve in achieving our vision of creating resident centric environments where our seniors are inspired to experience fulfilment, whatever that means to them. This recognition is a wonderful reminder to all of our team members that their efforts are recognized and appreciated. I am proud to work with such a great group of caring and dedicated individuals.”  

Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

“The achievement of this recognition, on our very first submission, speaks to the long history at Verve/Diversicare of focusing on continuous quality improvement, dating back to the first quality committee being formed in 1991,” Bird said. “Our company was recognized for many years by the National Quality Institute (now Excellence Canada) with their Gold Trophy in Quality and multiple Order of Excellence in Quality awards. This latest award as a Canada’s Best Managed Company continues Verve’s award-winning history and acknowledges the experience, expertise, innovation and commitment of our team members & leaders.  Our company is always looking to make the experience not only positive for our Residents, but also for all other stakeholders through constantly reviewing, monitoring and learning from previous experiences.”

With the wisdom developed over decades and by working with the seniors we serve; Verve has been able to develop and build some of the best Retirement Residences in Canada. In addition, the 2023 cohort of Best Managed Companies shares common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.

“The 2023 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and resilience,” Derrick Dempster, Deloitte Private partner and co-leader for Canada’s Best Managed Companies program said. “Over the past year, companies such as Verve Senior Living have accelerated their growth by continuously adapting and successfully responding to challenges, seizing new opportunities, leveraging industry leading competencies to maximize their investments, and driving sustainable results.”