Five Star Senior Living rebrands as AlerisLife, plans to diversify offerings
By
Lois A. Bowers
Jan 26, 2022
Newton, MA-based Five Star Senior Living has changed its name to AlerisLife Inc. effective immediately, the company announced this morning along with plans to expand its offerings to include active adult...
Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.
40 percent of senior living CEOs could be retiring within 5 years
By
Lois A. Bowers
Feb 26, 2018
Forty percent of senior living CEOs could be retiring within the next five years, making succession planning an urgent matter, suggests a recent survey sponsored by LeadingAge.
CEAL report latest effort to aid providers in evolving healthcare environment
By
Lois A. Bowers
Aug 14, 2016
A new report from the Center for Excellence in Assisted Living is designed to help communities improve quality and increase value in the evolving healthcare system. The project falls under one of the four...
New sales and cost-reduction initiatives should help future performance, Capital says
By
Lois A. Bowers
May 03, 2018
Capital Senior Living saw occupancy dip in the first quarter, but new sales and marketing initiatives, as well as efforts to reduce costs through the centralization of several operating functions, should...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Staffing shortage is more than an HR headache, speakers say
By
Lois A. Bowers
Oct 22, 2018
The staffing challenges facing senior living communities are not just human resources headaches. They also represent the biggest operational risk in the industry, according to experts participating in...
Sabra has $1 billion acquisition pipeline, but don’t expect big news soon
By
Lois A. Bowers
Nov 03, 2017
Sabra Health Care REIT has a $1 billion acquisition pipeline, CEO Rick Matros told participants in a third-quarter earnings call on Thursday. But don’t expect any big announcements from the real...
$1.125 billion deal won’t change Trilogy Health Services, CEO says
By
Lois A. Bowers
Sep 15, 2015
Trilogy will continue to focus on developing CCRCs in the Midwest as it is acquired in a $1.125 billion joint venture with Griffin-American Healthcare REIT III and NorthStar Healthcare Income, Trilogy...
HCP continues to shed Brookdale communities from portfolio
By
Lois A. Bowers
Feb 14, 2018
Real estate investment trust HCP is selling six Brookdale Senior Living properties to Brookdale and selling or transitioning 68 other Brookdale properties to other operators, REIT executives said Tuesday...