UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
19 percent worried they can’t afford senior living due to inflation: survey
By
Lois A. Bowers
Dec 05, 2022
Almost 19% of respondents to a recent survey said that they are concerned that inflation will not allow them to continue to afford senior living or home care.
$3 million from NIC will help Milken Institute ‘develop bold new models’ for senior housing and care
By
Lois A. Bowers
Nov 07, 2023
Funding of $3 million from the National Investment Center for Seniors Housing & Care will establish a new effort at the Milken Institute to “develop bold new models of housing, healthcare and community...
Court denies senior living provider’s effort to withhold privileged safety records, citing dual uses
By
Kimberly Marselas
Aug 08, 2024
Internal investigative documents that senior living and care providers use to help them learn from errors and accidents can’t be held back from trial attorneys if those documents also are used for other...
AI could open doors to advances in care, operations in senior living
By
Kimberly Bonvissuto
Jul 01, 2024
Aging services organizations already are using artificial intelligence, whether or not they realize it, a panel of experts said Thursday.
House may consider test of assisted living for veterans next week
By
Kimberly Marselas
Lois A. Bowers
Jun 05, 2024
Assisted living operators may be wary of certain attention from the federal government, but one piece of legislation that major provider groups have been advocating to be passed for years finally may be...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
Final Medicaid Access Rule released, White House says
By
Lois A. Bowers
Apr 22, 2024
A federal rule requiring providers to allocate at least 80% of home- and community-based payments to direct care worker pay has been finalized, President Biden said in a fact sheet posted Monday on the...
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Senior living execs pique student interest as Granger Cobb Institute pilots Corporate Scholars program
By
Lois A. Bowers
Oct 24, 2022
Executives from Aegis Living, Merrill Gardens and Murano Senior Living are piquing interest in the senior living industry among Washington State University students participating in a new Corporate Scholars...