Assisted living CEOs see 4.12 percent salary increase
By
Lois A. Bowers
Jan 19, 2022
Across the country, average salaries for assisted living community presidents/CEOs increased 4.12% over the past year, according to “2021-2022 Assisted Living Salary & Benefits Report,” published by...
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida
By
Kimberly Bonvissuto
Nov 15, 2022
The senior living operating environment continues to be challenged, but Sonida Senior Living executives attribute the company’s sixth consecutive quarter of occupancy and revenue growth to an increased...
Senior living community fined for not paying overtime to salaried employee
By
Amy Novotney
Jun 13, 2022
A senior living community serving more than 900 residents will pay almost $7,000 in back wages after denying a salaried worker overtime wages, the Department of Labor’s Wage and Hour Division announced...
New Senior raises full-year expectations after solid third quarter
By
Amy Novotney
Nov 02, 2020
Despite continued occupancy declines and additional expenses related to COVID-19, New Senior Investment Group said it was raising its full-year expectations for its adjusted funds from operations Friday...
Addus powers through the pandemic, but challenges remain
By
Diane Eastabrook
Aug 04, 2021
Addus HomeCare executives admitted Tuesday the COVID-19 delta variant is challenging the home care industry as it tries to emerge from the 17-month global pandemic.
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.
Senior living CEOs part of group of 2,000 committing to workplace diversity, inclusion
By
Kimberly Bonvissuto
May 21, 2021
Argentum pledged Thursday to create and implement diversity and inclusion programs in its organization, joining a CEO-led initiative that includes other senior living providers and associated companies...
Dominion counts on profit-sharing to woo, keep executive directors
By
Lois A. Bowers
Aug 25, 2017
Dominion Senior Living is adapting Chick-fil-A’s employment approach to senior living, banking on the belief that executive directors who “own” the experience at their communities will...