PointClickCare puts IPO on hold, closes $85 million round of financing
By
Lois A. Bowers
Feb 01, 2017
PointClickCare has put plans for an initial public offering on hold, instead closing an $85 million round of financing. The company said it plans to use the funds to accelerate its focus on delivering...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
ASHA to induct 4 into Senior Living Hall of Fame for 2020
By
Lois A. Bowers
Jan 06, 2020
Juniper Communities founder and CEO Lynne Katzmann, Ph.D.; the late founders of Koelsch Communities, Emmett and Alice Koelsch; and ProMatura Group founder Margaret Wylde, Ph.D., will be inducted into the...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Ventas announces multipronged plan to ‘realize upside in senior housing’
By
Lois A. Bowers
Feb 21, 2020
Chicago-based real estate investment trust Ventas is counting on $600 million in senior living community sales, increased capital expenditures, a new executive vice president, changes for the executive...
New perks that really do work
By
Lois A. Bowers
Apr 19, 2018
It’s no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective...
It’s a good time for a move to senior living, data show
By
Lois A. Bowers
Apr 20, 2016
Annual senior living costs increased 2.7% from 2014 to 2016, according to new data released by senior living referral service A Place for Mom. The increase outpaces inflation but still beats the housing...
$625,000 stipend will continue work to alter perceptions of aging, dementia
By
Lois A. Bowers
Oct 05, 2016
Anne Basting’s work to improve older adults’ quality of life and change perceptions related to aging and dementia recently received a big boost in the form of a $625,000 “genius grant”...
Ecumen will ‘stay the course’ under new CEO Shelley Kendrick
By
Lois A. Bowers
Jan 10, 2019
Don’t expect extreme changes when Shelley Kendrick assumes the role of president and CEO at one of the country’s largest nonprofit senior housing and services providers, Ecumen, effective Feb. 4.
Senior living execs pique student interest as Granger Cobb Institute pilots Corporate Scholars program
By
Lois A. Bowers
Oct 24, 2022
Executives from Aegis Living, Merrill Gardens and Murano Senior Living are piquing interest in the senior living industry among Washington State University students participating in a new Corporate Scholars...