Five Star Senior Living restructuring plan overwhelmingly approved
By
Lois A. Bowers
Jun 12, 2019
An overwhelming 83.9% of Five Star Senior Living shares were voted in favor of a provision key to restructuring the company’s business arrangement with Senior Housing Properties Trust at Five Star’s...
Benchmark campaign aims to dispel senior living misconceptions
By
Kimberly Bonvissuto
Aug 12, 2022
Waltham, MA-based Benchmark Senior Living has launched a new marketing campaign to try to educate consumers about senior living by helping them “unlearn” everything they think they know.
Workforce training expenses would be covered by college funding program under bipartisan legislation
By
Kimberly Bonvissuto
Jul 19, 2023
Bipartisan legislation expanding the use of 529 savings accounts to cover workforce training and credentialing program expenses is gaining support from the senior living industry.
The Freedom to Invest...
UPDATED: Diversified Healthcare Trust announces ‘event of default’ on $450 million credit facility
By
Lois A. Bowers
Jun 29, 2023
Diversified Healthcare Trust announced Thursday morning that a “non-monetary event of default” had occurred under its $450 million credit facility.
Argentum announces apprenticeship, workforce data service and more
By
Lois A. Bowers
Apr 17, 2019
The first-ever national apprenticeship for nursing assistants and other caregivers in senior living and a new data service to help operators with their staffing plans were among the announcements Tuesday...
California fire forces senior living community evacuations
By
Lois A. Bowers
Nov 09, 2018
Residents and staff of senior living communities in Paradise, CA, were evacuated Thursday as a wildfire swept through the northern part of the state. At least one resident remained missing, however.
Low wages, part-time work remain barriers to direct care workforce pipeline
By
Kimberly Bonvissuto
Sep 13, 2023
Not much has changed in a year for the direct care workforce, according to a new PHI research report, released Tuesday
Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.
COVID testing program uses artificial intelligence to maximize limited resources in senior living
By
Lois A. Bowers
Jan 12, 2021
A somewhat rare use of artificial intelligence in senior living is helping an operator maximize limited resources by predicting the severity of COVID-19 symptoms in residents to determine who should be...
Feds accelerate plan to offer coronavirus vaccines in pharmacies
By
Kimberly Bonvissuto
Jan 07, 2021
After criticism over the slow rollout of COVID-19 vaccines to long-term care facilities and elsewhere, the federal government said it is taking “immediate action” to lay out ways for states to speed...