‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Capital Senior Living reiterates uncertainty about future to SEC
By
Lois A. Bowers
Aug 11, 2020
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with...
With an eye toward election results, NCAL prepares to discuss federal regulation of assisted living
By
Lois A. Bowers
Oct 16, 2020
National Center for Assisted Living Executive Director Scott Tittle said Thursday that he and the organization’s board members do not regret seeking federal assistance to battle COVID-19, despite the...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
Brookdale’s home health and hospice business takes $15 million hit in third quarter due to pandemic
By
Lois A. Bowers
Nov 06, 2020
Revenue in Brookdale Senior Living’s Health Care Services segment, which includes home care and hospice, was flat compared with the second quarter but down 20% year-over-year, Brookdale President and...
Atria credits 98 percent employee COVID vaccination rate in part to mandate as operators take various...
By
Kimberly Bonvissuto
Lois A. Bowers
May 07, 2021
Atria Senior Living announced a 98% COVID-19 vaccination rate among its almost 10,000 staff members on Thursday, crediting an employee mandate, on-site clinics and its Sleeve-Up initiative. The announcement...
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
Brookdale sees 2.8 percent occupancy decline, but move-ins and online inquiries are up
By
Lois A. Bowers
Nov 06, 2020
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence...
Balancing safety, quality of life in the COVID-19 era
By
Lois A. Bowers
Jun 01, 2020
Pavlo Kononenko doesn’t think his company’s approach to battling the effects of COVID-19 is unique, but what he described in a recent blog certainly is different from media reports that portray senior...