UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Life Care Services captures top scores in J.D. Power’s 2023 Senior Living Satisfaction Study
By
Kimberly Bonvissuto
Nov 15, 2023
Life Care Services has the highest overall satisfaction scores among assisted living, memory care and independent living providers in the J.D. Power 2023 US Senior Living Satisfaction Study. Results were...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Court approves class action status for assisted living staffing lawsuit
By
Kimberly Bonvissuto
Aug 09, 2023
An appellate court has granted class certification to residents alleging that a senior living operator used deceptive practices by falsely promising to adequately staff its communities to meet resident...
People in the news, July 18
Jul 18, 2023
Appointments, promotions and other news at 12 Oaks Senior Living, Anthem Memory Care, the American College of Health Care Administrators, Brookdale Senior Living, Christian Horizons, Covenant Living of...
Brookdale Senior Living’s HealthPlus care coordination program expands to more communities
By
Lois A. Bowers
May 10, 2023
Brookdale Senior Living’s test of a value-based care coordination program for residents delivered “extremely promising” results, and the program now is being rolled out to additional communities,...
LTC Properties to sell half of its Brookdale Senior Living communities
By
Lois A. Bowers
May 01, 2023
LTC Properties plans to sell approximately half of the 35 Brookdale Senior Living communities it owns and re-lease the other half, Chief Investment Officer and Co-President Clint Malin said Friday during...
Brookdale community in Oklahoma sustains ‘significant damage’ from tornado; 33 residents evacuated
By
Kimberly Bonvissuto
Apr 21, 2023
A Brookdale Senior Living community in Oklahoma suffered “significant damage” from one of more than a dozen tornados fueled by severe storms across three states Wednesday night.