Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
Retention efforts paying off for Brookdale, CEO says
By
Lois A. Bowers
May 08, 2019
Brookdale Senior Living’s efforts to increase the retention rates of senior community-level leaders, now in their third year, are continuing to pay off, President and CEO Lucinda “Cindy” Baier said...
Encompass Health contemplating IPO, sale or merger of home health and hospice division
By
Diane Eastabrook
Apr 29, 2021
Encompass Health is examining all possibilities for its home health and hospice division, even a potential sale, said President and CEO Mark Tarr, who raised the possibility during an earnings call Wednesday.
Shareholders approve merger to create Colony NorthStar
By
Lois A. Bowers
Dec 21, 2016
Shareholders of Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Corp. have approved the previously announced merger of the three companies. The new Colony NorthStar will manage...
Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
Labor Department seeks input for overtime rule
By
Lois A. Bowers
Jul 25, 2017
The Department of Labor is accepting input as it prepares to propose a new rule related to circumstances under which certain workers would be entitled to overtime pay.
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Avamere revises structure in response to healthcare system demands
By
Lois A. Bowers
Nov 15, 2018
The Avamere Family of Companies is combining its three individual entities into one post-acute and community-based healthcare system, the organization announced Wednesday.