Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...
LTC shares fate of six Thrive Senior Living communities
By
Lois A. Bowers
Jun 11, 2019
The actions address all six Thrive communities that were part of LTC’s portfolio as of its May earnings call, when REIT executives shared that LTC had issued a notice of default to Thrive as well as...
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
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...
Healthpeak Properties closes merger with Physicians Realty Trust
By
Lois A. Bowers
Mar 01, 2024
Healthpeak Properties closed today on its previously announced merger with Physicians Realty Trust, as expected, the Denver-based real estate investment trust announced this morning.
CVS says long-term care business ‘on track’ despite operating income decrease
By
Lois A. Bowers
May 02, 2019
CVS continues to “work diligently in driving growth for the assisted living space” through its Omnicare long-term care pharmacy business, CVS President and CEO Larry Merlo said Wednesday during the...
Andy Smith out as Brookdale CEO as strategic review process concludes
By
Lois A. Bowers
Feb 22, 2018
Andy Smith is being replaced as president and CEO at Brookdale Senior Living, and Daniel Decker will be leaving his position as executive chairman, the company announced this morning in advance of its...
Activist shareholder calls for more transparency from Brookdale
By
Lois A. Bowers
Oct 31, 2017
Brookdale Senior Living should be more transparent about the status of its strategic review process, which has been taking place for more than eight months, Brookdale shareholder Land and Buildings said...
CVS looks to assisted living for future Omnicare success after disappointing quarter
By
Lois A. Bowers
Aug 09, 2018
Assisted living figures prominently in the future plans that CVS Health executives shared Wednesday to improve performance in its Omnicare long-term care pharmacy business.
Commonwealth Senior Living to be acquired by Invesque for $340.4 million
By
Lois A. Bowers
May 24, 2019
The agreement includes 20 private-pay senior living communities in two states.