Long-term care pharmacies forced to borrow to buy resident drugs, close as intermediaries tighten grip...
By
Kimberly Marselas
Apr 08, 2024
Long-term care resident access to prescription drugs is being squeezed as several market and regulatory factors have combined to increase the power that pharmacy benefit managers have over the specialized...
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC
By
Kimberly Bonvissuto
Apr 05, 2024
Senior living occupancy continued to close in on pre-pandemic levels in the first quarter of 2024, as occupancy increased for the 11th consecutive quarter, according to data released Thursday by the National...
Diversified Healthcare Trust reports occupancy dips, NOI increases
By
Kimberly Bonvissuto
Apr 04, 2024
Newton, MA-based real estate investment trust Diversified Healthcare Trust’s senior housing operating portfolio continues its post-COVID-19 pandemic recovery, although occupancy dipped slightly in February,...
More trouble for Brookdale
By
John O'Connor
Apr 04, 2024
Just when it seemed that Brookdale Senior Living finally was regaining post-COVID occupancy and fiscal traction, more bad news arrived this week.
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
Ventas sees strong pipeline of senior housing investments
By
Kathleen Steele Gaivin
Apr 02, 2024
Ventas is “focused on serving a large and growing aging population with an emphasis on senior housing,” the Chicago-based real estate investment trust said Monday in a business update issued in conjunction...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Shaping a better future for the human resources function in senior living and care
By
Dean Moore
Mar 25, 2024
The future of human resources may not be what it used to be, but it still could be bright for the right individuals.
AHCA/NCAL’s Parkinson honors ‘real heroes’ in his own words
By
Kimberly Marselas
Mar 25, 2024
AHCA/NCAL President and CEO Mark Parkinson received the 2024 McKnight’s Pinnacle Awards Career Achievement Award on Thursday. Read his acceptance speech here.