Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Assisted living, addiction treatment focus of diversification strategy for Sabra in 2022
By
Lois A. Bowers
May 06, 2022
Assisted living figures prominently into the 2022 plans for Sabra Health Care REIT as the company seeks to diversify its portfolio and reduce its exposure to skilled nursing, CEO, President and Chair Rick...
CCRCs ‘exceeded expectations’ in first quarter, Healthpeak says
By
Lois A. Bowers
May 05, 2022
First-quarter results in Healthpeak Properties’ continuing care retirement community segment “exceeded our expectations,” the real estate investment trust’s president and chief investment officer,...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
Assisted living faces ‘looming danger’ without Provider Relief funding, CareTrust CEO says
By
Lois A. Bowers
Aug 09, 2021
“We join with many voices who are calling on the government to acknowledge the critical role that assisted living providers play in the healthcare continuum with direct relief funding,” CareTrust REIT...