Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Assisted living operators exempt from new Texas ‘vaccine passport’ prohibition
By
Kimberly Bonvissuto
Apr 08, 2021
Assisted living operators are exempt from a new executive order in Texas prohibiting the requirement of a “vaccine passport” for services, but one senior living provider organization says the exemption...
Promising 2022 set to eclipse disappointing 2021 results: Pennant Group CEO
By
Kimberly Bonvissuto
Mar 02, 2022
Although its 2021 results feel short of expectations, Pennant Group executives said Tuesday that momentum is building in senior living
Addus HomeCare looks to expand home healthcare as pandemic wanes
By
Diane Eastabrook
May 05, 2021
Addus HomeCare is joining the growing league of providers on the search for home healthcare agencies. During a call with analysts on Tuesday, the Frisco, TX-based company said it hoped to score a handful...
Invesque to focus on simplifying portfolio, capital structure: CEO
By
Kimberly Bonvissuto
Mar 11, 2022
Invesque in 2022 will focus on simplifying its portfolio and capital structure after a record year for dispositions in 2021, Chairman and CEO Scott White said Thursday during a fourth-quarter earnings...
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....
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Pandemic’s impact on home healthcare could last longer than expected
By
Diane Eastabrook
Aug 18, 2021
As the number of COVID-19 hospitalizations is increasing nationwide, a new study finds home healthcare agencies could feel repercussions from the pandemic longer than they might have expected.
More COVID-19 relief needed before January, provider groups say
By
Lois A. Bowers
Nov 10, 2020
While congratulating President-elect Joe Biden and Vice President-elect Kamala Harris on their victories at the polls, executives of the American Health Care Association/National Center for Assisted Living...