Time of uncertainty can be time of opportunity for operators, Argentum board chair says
By
Lois A. Bowers
May 02, 2017
Collaboration with organizations once thought of as competitors can help turn a time of healthcare policy uncertainty into a time of opportunity for senior living, Argentum Board of Directors Chairman...
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
Effort would add ‘residents’ bill of rights’ to Florida constitution
By
Lois A. Bowers
Jan 22, 2018
The man behind a proposal that would add a “Nursing Home and Assisted Living Facility Residents’ Bill of Rights” to the Florida constitution says it is an effort to “establish a...
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
Holiday occupancy steadily improving, NHI says
By
Lois A. Bowers
Aug 09, 2017
Holiday Retirement properties in real estate investment trust NHI’s portfolio have seen a steady increase in occupancy over the past three months as the country’s largest independent living...
With 25 lawsuits settled, Regional Health Properties looks to focus on growing
By
Lois A. Bowers
Apr 17, 2018
Now that Regional Health Properties has settled 25 professional and general liability lawsuits, the company can focus more on growing, Interim CEO Brent Morrison said Monday during a fourth-quarter and...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...