Chicago-based Presence Health will join St. Louis-based Ascension to become part of AMITA Health under the terms of an agreement announced Thursday. The two entities had announced a non-binding letter...
More acquisitions, conversions on tap for Capital Senior Living
By
Lois A. Bowers
Mar 01, 2017
Capital Senior Living in 2017 will be focused on acquiring new communities, increasing the number of properties it owns rather than leases, and converting some existing independent living units to assisted...
Brookdale CEO Andy Smith to become president as two executives exit
By
Lois A. Bowers
Mar 01, 2016
Brookdale Senior Living CEO Andy Smith will add the duties of president to his role later this month as two executives step down, the company announced today.
Ensign says ‘it’s the right time’ to spin off senior living, home health and hospice businesses
By
Lois A. Bowers
May 08, 2019
With favorable market conditions, the infrastructure in place and a prepared organization and leadership, the time was right to spin off Ensign’s home health and hospice agencies, along with most of...
Nominations now open for McKnight’s Women of Distinction awards
By
Kimberly Bonvissuto
Dec 21, 2020
Do you know an accomplished woman who deserves recognition for her work this year? Nominate her for a McKnight’s Women of Distinction award before the Jan. 6 deadline.
Shareholders say they will vote against Colony NorthStar REIT plans
By
Lois A. Bowers
Sep 20, 2016
NorthStar Asset Management Group’s largest shareholders on Monday said they would not vote for the company’s current plans to merge with private equity firm Colony Capital and commercial real...
People in the news, May 8
May 08, 2018
Appointments and honors at Cadence Senior Living, Capital Senior Living, Eden Alternative, HCP, Senior Housing Properties, National Lutheran Communities & Services, OnShift, Quarry Hill, Ryan Companies...
Overtime rule elicits generally positive responses from provider groups, but concerns remain
By
Lois A. Bowers
Sep 25, 2019
The final overtime rule issued Tuesday by the Department of Labor garnered favorable comments from many industry groups representing senior living organizations and other long-term care providers, although...
Shareholder issues ‘referendum’ on Brookdale performance
By
Lois A. Bowers
Aug 14, 2019
Activist investor Land & Buildings released another open letter to fellow Brookdale Senior Living shareholders Tuesday, calling it “a referendum on the company’s historical underperformance” as well...
Senior living occupancy flat, but recovery on the horizon: CareTrust
By
Kimberly Bonvissuto
Nov 09, 2021
Although occupancy has improved steadily in CareTrust REIT’s skilled nursing portfolio, overall occupancy in the third quarter remained flat for senior living, despite a significant rise in admissions,...