Calls for COVD-19 vaccination mandates for long-term care workers draw mixed reactions
By
Kathleen Steele Gaivin
Jul 27, 2021
Fifty-seven healthcare organizations, including LeadingAge, which represents more than 5,000 nonprofit aging services providers, issued a joint statement Monday calling for long-term care and other healthcare...
Welltower encouraged by first-quarter senior housing performance
By
Lois A. Bowers
May 01, 2019
Welltower executives Tuesday said first-quarter senior housing operator portfolio results exceeded expectations in rate, occupancy and labor costs.
Senior living company, CEO on hook for $709,000 in wage law violations and penalties
By
Lois A. Bowers
Jul 09, 2019
A California senior living company and its former CEO are jointly liable for almost $709,000 in underpaid minimum wage, overtime and contract wages to 48 workers as well as other expenses and penalties,...
Independent living trends signal potential move to pandemic recovery: New Senior
By
Kimberly Bonvissuto
May 06, 2021
As vaccines roll out to the broader population, older adults and their families are growing more comfortable about moving into senior housing, driving up leads, move-ins and occupancy, according to New...
Court approves HCR ManorCare bankruptcy strategy
By
Lois A. Bowers
Apr 17, 2018
The prepackaged, $7.1 billion Chapter 11 bankruptcy plan filed in early March by HCR ManorCare, was approved Friday in U.S. Bankruptcy Court in Wilmington, DE.
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
Ventas reportedly in talks to buy all or part of Brookdale
By
Lois A. Bowers
Feb 16, 2017
Healthcare real estate investment trust Ventas is in talks to purchase all or part of Brookdale Senior Living, the Wall Street Journal reported Thursday.
Affinity COVID-19 response efforts include a place to stay for at-risk staff
By
Lois A. Bowers
Mar 13, 2020
Affinity Living Group is closing its more than 160 communities to all visitors and vendors to protect the health of its more than 7,000 residents as U.S. cases of coronavirus disease 2019 (COVID-19) proliferate....
Business briefs for Thursday, April 16
Apr 16, 2020
Small businesses still aren’t seeing cash from SBA program … Capital Senior Living executive purchased nearly $5,000 in company stock Monday … Monticello provides $66.6M in financing for Maryland...
Meet Amy Silva-Magalhaes, Rising Star honoree
By
Danielle Brown
Jul 23, 2020
Amy Silva-Magalhaes, senior vice president of community operations for Maplewood Senior Living, Westport, CT, is in the 2020 class of the McKnight’s Women of Distinction as a Rising Star.