Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
As LGBTQ+ population increases in senior living, so must provider inclusivity actions
By
Kimberly Bonvissuto
Jul 08, 2024
LGBTQ+ older adults are one of the fastest emerging populations in senior living, presenting both opportunities and challenges for providers, according to a legal expert.
Review corporate gift, entertainment acceptance policies as holidays approach, experts advise
By
Kathleen Steele Gaivin
Nov 21, 2023
It’s the time of year that vendors try to spread holiday cheer, often in the form of gifts and entertainment. That means it’s also time to review corporate policies before accepting even the smallest...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...
American Healthcare REIT considers increasing stake in Trilogy Health Services
By
Kathleen Steele Gaivin
Feb 13, 2024
Fresh off of an initial public offering, American Healthcare REIT executives said Monday that the company is considering buying the remaining 26% of Trilogy Health Services that it currently does not own.
HarmonyCares to use $200M investment ‘to significantly upgrade’ home care technology, CEO says
By
Adam Healy
Jul 11, 2024
HarmonyCares recently raised $200 million of capital to leverage new technology to produce better outcomes for patients and clinicians.
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Overtime rule review completed by White House
By
Lois A. Bowers
Apr 11, 2024
The Department of Labor’s proposed overtime rule has moved a step closer to being finalized. The White House Office of Management and Budget’s Office of Information and Regulatory Affairs has completed...
Healthcare provider spending on IT and AI set to explode in the coming year, report says
By
Aaron Dorman
Sep 28, 2023
A number of recent studies have indicated that healthcare providers are either prioritizing new technologies like AI or actively spending on them.