Delays, uncertainty prompt legislation to address Provider Relief Fund
By
Kimberly Bonvissuto
Nov 18, 2021
With the House poised — maybe — to vote this week on the $1.75 trillion social spending bill, Argentum said it remains disappointed that senior living remains excluded in the legislation. But leaders...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Strategic investments, rebranding highlight Capital Senior Living’s pandemic recovery strategy
By
Kimberly Bonvissuto
Nov 12, 2021
The third quarter was pivotal for Capital Senior Living, which completed a strategic investment with Conversant Capital and launched a rebranding initiative.
Invesque thrusts more prominently into senior living with active portfolio
By
Kimberly Bonvissuto
Nov 12, 2021
Invesque Chairman and CEO Scott White said it’s been a busy year with active portfolio management as the company continues its push into the seniors housing sector through strategic transitions, dispositions...
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
Medicare could negotiate drug prices under Democrat proposal
Nov 03, 2021
For the first time, the measure would enable the federal government to negotiate prices for medications covered by Medicare.
‘Inflationary environment,’ ‘pent-up transactional demand’ driving momentum of senior housing...
By
Kathleen Steele Gaivin
Oct 12, 2021
As the economy slowly rises from the pandemic, the “inflationary environment” and “pent-up transactional demand over the past 18 months or so,” real estate investment trusts are dealing in common...
Lawmakers bank on pandemic impact in resurrecting call to re-establish House Aging Committee
By
Kimberly Bonvissuto
Sep 08, 2021
Maybe the fourth time’s the charm? Banking on the disproportionate impact of the pandemic on older adults, a group of lawmakers has reintroduced legislation to re-establish the House Permanent Select...
Wages, job quality top direct care concerns moving into next decade: PHI
By
Kathleen Steele Gaivin
Sep 08, 2021
An aging population, along with high turnover among care workers, could pose continuing challenges to the long-term care industry in the coming decade, according to a new report from the advocacy group...