Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
54 percent increase in low-care nursing home residents presents opportunity for assisted living
By
Lois A. Bowers
May 17, 2022
The percentage of nursing home residents who are considered “low care” increased 54% between 2019 and 2020, representing an opportunity for assisted living providers, according to a new report.
McKnight’s Senior Living nabs two national awards for quality of news coverage
May 16, 2022
McKnight’s Senior Living took home two national awards recognizing the strength of the news content it provides readers Thursday night at the American Society of Business Publication Editors’ annual...
U.S. News names 1,274 ‘Best Senior Living’ communities in inaugural year
By
Lois A. Bowers
May 10, 2022
More than 1,200 senior living communities operated by more than 80 companies have another way to stand out among their peers starting this morning, as the inaugural U.S. News & World Report’s Best Senior...
Assisted living communities in more danger of closing than nursing homes
By
Lois A. Bowers
May 09, 2022
Almost 20% (19.5%) of assisted living providers in Minnesota responding to a recent poll said they may be forced to close or sell facilities due to “dire financial conditions.”
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...
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
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...
Greenspace exposure could improve cognitive function
By
Lois A. Bowers
May 02, 2022
A new study adds to increasing evidence that exposure to greenspace can help improve cognitive function.
Assisted living operators get second chance at Provider Relief Fund money
By
Lois A. Bowers
Apr 29, 2022
Some assisted living providers previously denied financial aid from the federal government for their COVID-19-related expenses or lost revenue now may be eligible to receive payments from the Provider...