Pennant starts leadership reorganization with search for CFO
By
Kimberly Bonvissuto
Nov 17, 2022
The Pennant Group announced a reorganization of its executive team on Tuesday, starting with a search for a new chief financial officer.
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Assisted living CEO salary increases fell last year to 1.33 percent
By
Kimberly Bonvissuto
Jan 26, 2023
Average salaries for assisted living community presidents/CEOs across the country increased 1.33% over the past year, down from the 4.12% increase the executives received in the previous year, according...
Sunrise’s revised management agreement sign of things to come: Ventas
By
Kimberly Bonvissuto
May 09, 2022
Ventas’ revised management agreement with Sunrise Senior Living is a sign of things to come for other operators in the real estate investment trust’s portfolio, Ventas Executive Vice President of Senior...
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida
By
Kimberly Bonvissuto
Nov 15, 2022
The senior living operating environment continues to be challenged, but Sonida Senior Living executives attribute the company’s sixth consecutive quarter of occupancy and revenue growth to an increased...
Ensign, Omega optimistic about paths to sustained long-term growth
By
Kimberly Bonvissuto
Aug 03, 2022
Although workforce challenges and the lingering effects of the COVID-19 pandemic continue to disrupt the long-term care industry, Ensign Group and Omega Healthcare Investors executives said that the companies...