‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
New Enlivant CEO seeks to build on strong foundation
By
Lois A. Bowers
Mar 31, 2021
Dan Guill officially becomes CEO of Enlivant tomorrow. In this exclusive interview, he talks about his short-term and long-term goals, COVID-19 vaccination mandates, succession planning, the importance...
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...
Updated: CVS plans to sell Omnicare long-term care pharmacy business, saying it is ‘no longer a strategic...
By
Lois A. Bowers
Nov 02, 2022
CVS Health plans to sell its long-term care pharmacy business, Omnicare, reporting a $2.5 billion loss on it in the third quarter, the company announced Wednesday.
Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Liability costs, severity increasing for long-term care providers
By
Kathleen Steele Gaivin
Aug 02, 2024
Liability costs continued to rise for senior living and care operators last year, although “the underlying dynamics that impact loss costs may be shifting,” according to a new actuarial analysis from...
OSHA to withdraw COVID-19 vaccine mandate
By
Lois A. Bowers
Jan 25, 2022
The Occupational Safety and Health Administration is withdrawing the COVID-19 vaccination-and-testing emergency temporary standard it originally announced in November, the Labor Department agency said...
NIC announces new president and CEO
By
Lois A. Bowers
Oct 12, 2022
The National Investment Center for Seniors Housing & Care announced a new president and CEO on Wednesday. It’s someone not new to NIC, however.
Americans’ favorable feelings toward unions hits highest point since 1965
By
Alicia Lasek
Sep 06, 2022
After witnessing a surge in union activity among long-term care workers this summer, operators may not be surprised to learn that Americans’ support of labor unions has hit its highest point since 1965.