$100 billion should be added to Provider Relief Fund for coronavirus-related needs, industry groups say
By
Lois A. Bowers
Sep 29, 2020
Congress should pass another COVID-19 funding package, adding $100 billion to the U.S. Department of Health and Human Services’ Provider Relief Fund, maintain the American Health Care Association / National...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
‘No longer doubt’ about Five Star’s future as company reports first quarterly profit since 2013,...
By
Lois A. Bowers
Aug 08, 2019
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said...
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...