UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...
Increased regulation, active adult, Medicaid HCBS top list of trends predicted for senior living in 2024
By
Kimberly Bonvissuto
Dec 13, 2023
Heightened state regulation, dementia care support, the rise of active adult communities and the increased provision of home- and community-based services to Medicaid beneficiaries are among the top trends...
516 days and counting on wait for Provider Relief Fund dollars: Argentum
By
Kimberly Bonvissuto
Aug 26, 2021
After successfully blocking attempts to use unspent Provider Relief Fund dollars to fund a bipartisan infrastructure package, which passed the Senate earlier this month, senior living advocates are turning...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Housing wealth among older homeowners grew by $120 billion in Q1: report
By
Amy Novotney
Jun 29, 2020
Homeowners aged 62 years and older saw their housing wealth grow by 1.6%, or $120 billion, in the first quarter, according to a report released Friday from the National Reverse Mortgage Lenders Association.
Feds aim to strengthen immigrant workforce, but do plans go far enough for long-term care?
By
Kathleen Steele Gaivin
Jan 30, 2023
New federal plans to strengthen the country’s immigrant workforce might bring the long-term care sector one step closer to alleviating its workforce shortage. But some wonder whether the plans go far...
Senior living helps set record for Ensign in fourth quarter, CEO says
By
Lois A. Bowers
Feb 08, 2019
Increased senior living revenue helped position the Ensign Group for a record quarter to finish 2018, Ensign President and CEO Christopher Christensen told analysts participating in an earnings call Thursday.
A Q&A with NIC’s Robert Kramer
By
John Hall
Sep 13, 2016
Robert G. Kramer, founder and CEO of the National Investment Center for Seniors Housing & Care, recently spoke with McKnight’s about the current state and future prospects of independent living,...
Record number of COVID-19 hospitalizations seen in Florida
Aug 05, 2021
The fact that less than 3% of current hospitalizations arrived from nursing homes and long-term care facilities shows the state’s focus on vaccinating and protecting Florida’s seniors and most...