New Senior puts half of assisted living / memory care portfolio under the microscope
By
Lois A. Bowers
May 06, 2019
New Senior Investment Group is scrutinizing 50% of the assisted living / memory care communities in its portfolio in an effort to improve the quality and performance of the portfolio, CEO Susan Givens...
Workforce issues loom large as 2019 begins, leaders say
By
Lois A. Bowers
Jan 02, 2019
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
Brookdale may turn up the heat in 2018
By
Lois A. Bowers
Jun 09, 2016
Some might not consider Brookdale’s current strategy sexy, the company CEO said Thursday, but the country’s largest senior living provider may turn up the heat in 2018.
Proposed HCBS rule could diminish service access, hamper provider retention efforts, 11 senators tell...
By
Lois A. Bowers
Feb 20, 2024
A proposed federal rule that would require providers of home- and community-based services to spend at least 80% of the Medicaid payments they receive for personal care, homemaker and home health aide...
UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
Solving senior living’s top challenge
By
Lois A. Bowers
Oct 01, 2015
When James Balda takes the microphone at insurer Genworth’s annual symposium on long-term care today, he’ll be discussing what senior living owners and operators have been telling him is the...
Brookdale mulls stock repurchase
By
Lois A. Bowers
Feb 09, 2016
Brookdale Senior Living is considering a stock buy-back program because the board and management are “extremely frustrated with where our share price is,” company CEO Andy Smith told investors...
LTC Properties makes portfolio adjustments involving several operators
By
Lois A. Bowers
Mar 04, 2019
LTC Properties executives updated shareholders, analysts and others on the status of several troubled or formerly troubled operators in its portfolio — Thrive Senior Living, Frontier Management, Anthem...
CE, time with residents help retain employees, Brookdale says
By
Lois A. Bowers
May 26, 2016
Offering continuing education and more time to interact with residents are keys to retaining employees, Brookdale Senior Living executives told those attending its Investor Day in person or online on Thursday.