Assisted living offers promise for future, Ensign Group CEO says
By
Lois A. Bowers
Aug 06, 2017
Assisted living is an area that offers encouragement for the future of The Ensign Group and its operating affiliates, President and CEO Christopher Christensen told participants in a Friday call about...
Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
Several Pennant senior living communities involved in 2019 spin-off return to Ensign
By
Lois A. Bowers
Apr 29, 2022
Several senior living communities that were spun off from The Ensign Group in 2019 to form The Pennant Group have returned to Ensign, the San Juan Capistrano, CA-based company reported Thursday as part...
LTC moves last Thrive community to Affinity as it looks to diversify operator base
By
Lois A. Bowers
Aug 12, 2019
LTC Properties has completed the transition of all of its Thrive Senior Living communities to other operators, executives said Friday on the Westlake Village, CA-based real estate investment trust’s...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Dominion counts on profit-sharing to woo, keep executive directors
By
Lois A. Bowers
Aug 25, 2017
Dominion Senior Living is adapting Chick-fil-A’s employment approach to senior living, banking on the belief that executive directors who “own” the experience at their communities will...
CVS says long-term care business ‘on track’ despite operating income decrease
By
Lois A. Bowers
May 02, 2019
CVS continues to “work diligently in driving growth for the assisted living space” through its Omnicare long-term care pharmacy business, CVS President and CEO Larry Merlo said Wednesday during the...
CVS looks to assisted living for future Omnicare success after disappointing quarter
By
Lois A. Bowers
Aug 09, 2018
Assisted living figures prominently in the future plans that CVS Health executives shared Wednesday to improve performance in its Omnicare long-term care pharmacy business.
The Brookdale Senior Living Board of Directors welcomed a new member as part of an agreement with an activist shareholder that will have additional effects on the company’s annual meetings in 2017...