5 ways boards can drive organizational excellence in aging services
By
Jennifer Schwalm
Mark Ross
Jul 22, 2024
There are five ways boards can drive organizational excellence with informed decisions while enhancing their organizations’ long-term financial sustainability and ensuring that they are well-positioned...
4 Ascension Living properties sold to Prime Healthcare in ‘historic’ deal
By
Lois A. Bowers
Jul 26, 2024
Four Ascension Living senior living and care properties in Illinois will be sold to Ontario, CA-based Prime Healthcare along with nine Ascension hospitals and associated physician practices in The Prairie...
Actions & Transactions, July 26
By
Lois A. Bowers
Jul 26, 2024
Berkadia negotiates $42.55M senior living portfolio sale in Florida … Focus Healthcare Partners acquires Treeo Senior Living for $26.166 million … $1.4 million in tax credits to bring more affordable...
Navigating turbulent waters: Shoring up against financial distress and M&A
By
Raoul Nowitz
Jul 25, 2024
The challenges facing senior living will translate into an increase in mergers and acquisitions.
Trilogy Health Services to expand, build properties in 4 Midwest states
By
Lois A. Bowers
Jul 26, 2024
Louisville, KY-based Trilogy Health Services on Thursday announced plans to develop or expand its senior living or skilled nursing offerings in four Midwest states: Indiana, Kentucky, Michigan and Ohio.
Infrastructure, data analytics popular tech investments among long-term care providers
By
Lois A. Bowers
Jul 26, 2024
Infrastructure for internet connectivity was the most common technology investment made over the past year by long-term care operators responding to a new survey, and data analytics tools were the most...
When is ‘old’ not old?
By
Lois A. Bowers
Jul 22, 2024
Any mention of “older adult” somewhere catches my eye, given my work, and my mind starts thinking about people in their 80s. But I’ve learned over the years that “older adult” means different...
Business briefs, July 26
By
Lois A. Bowers
Jul 26, 2024
Existing home sales slip 5.4%; median sales price jumps to record high … Fitch downgrades Christian Horizons OG, IL to ‘D’ … Fitch downgrades Lutheran Senior Services East’s (PA) IDR to ‘BBB’;...
Senior living providers need strategic AI plans ‘as soon as possible,’ expert says
By
Lois A. Bowers
Jul 15, 2024
Artificial intelligence increasingly is being used by senior living operators and the companies that serve them, and those operators that haven’t implemented it risk being less efficient than their competitors...
Insurance among common fringe benefits offered to CCRC employees
By
Lois A. Bowers
Jul 19, 2024
Insurance is a popular fringe benefit paid to management employees of continuing care retirement / life plan communities, according to the findings of the 2024-2025 CCRC Salary & Benefits Report. The national...