It’s probably safe to say that the number of operators who will look back at 2020 as the good old days will be low indeed. The How-Did-We-Survive? days might be more like it. And yet, cause for optimism...
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
What should I focus on?
By
Jim Moore
Apr 01, 2017
Here are five key areas.
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Healthcare Trust moves 20 Addington Place communities from Cedarhurst to Senior Lifestyle, Jaybird
By
Kathleen Steele Gaivin
Mar 04, 2022
Healthcare Trust Inc. announced Wednesday that it has transitioned management of 20 Addington Place-branded senior living communities to Senior Lifestyle Corp. and Jaybird Senior Living, effective March...
Man impersonated worker, smothered senior living resident, killed someone else, police allege
By
Lois A. Bowers
Mar 28, 2018
Several police departments in Texas plan to comb through hundreds of old cases involving the unattended or unexplained deaths of older adults to determine whether a healthcare worker charged with an attack...
Caregiver death results in $75,000 fine for assisted living facility
By
Lois A. Bowers
May 02, 2016
An Alaska assisted living facility has been fined $75,000 and cited in connection with a caregiver murder for which a resident has been charged.