Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
‘Overhaul’ of senior living is coming, and operators must be ready: panel
By
Kimberly Bonvissuto
May 18, 2022
MINNEAPOLIS — The senior living industry must transform to meet the changing needs and expectations of residents and their families, a panel of senior living leaders said Tuesday at Argentum’s 2022...
Need more residents? Don’t forget the Vulcan salute
By
John O'Connor
May 12, 2022
The Vulcan salute means “live long and prosper,” and that’s exactly what respondents to a recent survey would like to do.
Greenspace exposure could improve cognitive function
By
Lois A. Bowers
May 02, 2022
A new study adds to increasing evidence that exposure to greenspace can help improve cognitive function.
AARP Livability Index a ‘powerful tool’ for senior living operators, residents
By
Kimberly Bonvissuto
Apr 19, 2022
An online tool rating community livability could be a “powerful tool” for senior living operators and prospective residents and their families, according to the organization behind it.
People in the news, April 12
By
Amy Novotney
Apr 12, 2022
Appointments, promotions and other news at Asbury, Benchmark Senior Living, Cardinal Ritter Senior Services, Cypress Cove, Distinctive Living, Enseo, GMK Associates, McGriff, Monarch Communities, National...
Canadian extradited to U.S. in $27 million ransomware case affecting senior living
By
Kimberly Bonvissuto
Mar 14, 2022
A Canadian national indicted in 2020 in a $27 million ransomware fraud case affecting the senior living industry recently was extradited to the United States to face those charges.
Long-term care workforce challenges remain at ‘crisis’ level
By
Kimberly Bonvissuto
Feb 11, 2022
Federal jobs data show that workforce challenges in the long-term care industry remain at a ‘crisis’ level, according to the industry.
AlerisLife, formerly Five Star Senior Living, closes $95M term loan
By
Kathleen Steele Gaivin
Feb 01, 2022
After rebranding as AlerisLife last week, the Newton, MA-based company formerly known as Five Star Senior Living announced Monday the closing of a $95 million senior secured term loan.
Senior living disruption means new models that promote inclusion, purpose
By
Kimberly Bonvissuto
Jan 25, 2022
Increasing consumer demand, outside investment, reengineering of traditional models, and financial and staffing pressure on existing senior living operators are changing the industry, according to experts.