Avamere revises structure in response to healthcare system demands
By
Lois A. Bowers
Nov 15, 2018
The Avamere Family of Companies is combining its three individual entities into one post-acute and community-based healthcare system, the organization announced Wednesday.
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
Brookdale Senior Living names interim CFO
By
Lois A. Bowers
Mar 28, 2018
Brookdale Senior Living has named Teresa F. Sparks interim chief financial officer, the company announced Tuesday in an SEC filing. Another filing detailed compensation for new CEO Cindy Baier and Non-Executive...
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Genesis reports 7% occupancy decline in April; additional reductions expected
By
Danielle Brown
May 27, 2020
Genesis Healthcare is now requiring new or readmitted residents to be placed in quarantine units for 14 days before being transitioned into the general population at a facility in response to the COVID-19...
The Federal Trade Commission’s final rule on noncompete agreements, handed down last week, now faces additional legal challenges.
Capital Senior Living suspends director equity awards
By
Amy Novotney
Mar 30, 2020
In light of the current economic conditions, the Board of Directors for Capital Senior Living on Monday approved a temporary suspension of equity awards to any director or officer of the company. The Compensation...
Brookdale to ‘shore up forecasting and financial control’ with leadership changes, analyst says
By
Kathleen Steele Gaivin
Jan 17, 2023
Leadership changes announced Friday by Brookdale Senior Living President President and CEO Lucinda “Cindy” Baier are meant to “shore up forecasting and financial control,” Stifel analyst Tao Qiu...
Embattled Brookdale Senior Living is being asked by a major shareholder to spin off its real estate holdings and revamp its governance board in light of less than-expected stock performance and so-called...
Flu, new supply will affect occupancy, income this year, Ventas predicts
By
Lois A. Bowers
Feb 12, 2018
A “severe” flu season and a “mismatch of supply and demand” will continue to affect occupancy and net operating income in Ventas’ seniors housing portfolio in the short term,...