Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
Welltower not looking to expand ‘solid’ relationship with Brookdale
By
Lois A. Bowers
Feb 22, 2017
Welltower has a “solid” relationship with Brookdale Senior Living but is not looking to increase its holdings in the company, the healthcare real estate investment trust’s executives...
Sonida Senior Living takes steps to strengthen financial position as it plans for growth
By
Lois A. Bowers
Jul 06, 2023
Dallas-based Sonida Senior Living on Wednesday announced several steps that the company has taken or plans to take to try to improve its financial position and set itself up for growth.
$6 million Labor Department grant to Argentum will fund apprenticeship program for senior living
By
Lois A. Bowers
Feb 21, 2020
Argentum expects to use a grant of almost $6 million from the Department of Labor to train more than 7,200 apprentices in key senior living and allied health occupations, the organization announced Wednesday.
Friday is final deadline for 2024 Women of Distinction nominations
By
Lois A. Bowers
Jan 08, 2024
This Friday, Jan. 12, is the final nomination deadline for the 2024 McKnight’s Women of Distinction awards program. All submissions must be received by 11:59 p.m. ET.
Five Star Senior Living warned of potential stock exchange delisting
By
Lois A. Bowers
Oct 24, 2018
Five Star Senior Living executives are monitoring the bid price of common shares of the company’s stock after being threatened with delisting by Nasdaq, the company said in a late Tuesday filing with...
Proposed overtime pay threshold still too high for some senior living advocates
By
Lois A. Bowers
Mar 11, 2019
The Labor Department’s new proposal to increase the salary threshold for employee overtime pay, announced Thursday, might have been expected, but it’s still of concern to some organizations representing...
FDA approves new flu vaccine option for older adults
By
Lois A. Bowers
Nov 06, 2019
The Food and Drug Administration has approved a new influenza vaccine for people aged 65 or more years, biopharmaceutical company Sanofi announced Monday.
Welltower encouraged by first-quarter senior housing performance
By
Lois A. Bowers
May 01, 2019
Welltower executives Tuesday said first-quarter senior housing operator portfolio results exceeded expectations in rate, occupancy and labor costs.
Senior living company, CEO on hook for $709,000 in wage law violations and penalties
By
Lois A. Bowers
Jul 09, 2019
A California senior living company and its former CEO are jointly liable for almost $709,000 in underpaid minimum wage, overtime and contract wages to 48 workers as well as other expenses and penalties,...