Invesque announced several moves Wednesday to preserve cash and strengthen the company’s balance sheet. These included the suspension of its dividend for common shareholders, executive compensation and...
Increased pay among SNF execs likely to stick around: experts
By
Liza Berger
Oct 29, 2020
Although the pandemic has had a negative effect on many aspects of long-term care, skilled nursing executives’ salaries may not be one of them. COVID-19 actually is pushing up industry executives’...
How to succeed at succession planning
By
Lois A. Bowers
Nov 23, 2015
When it comes to succession planning, some senior living organizations have some work to do. Fortunately, they have a few examples to which to look.
People in the news, June 16
By
Kimberly Bonvissuto
Jun 16, 2020
Appointments and promotions at Ashley Ponds, CRG, Five Star Senior Living, Green Oak Consulting Group, H Contract, Ingleside, Juniper Communities, Moseley Architects, SCAN, Spectrio, Westminster Communities...
Brookdale Senior Living announces board nominations, passes on activist shareholder picks
By
Lois A. Bowers
Aug 29, 2019
Brentwood, TN-based Brookdale Senior Living announced Wednesday the two nominees that members of its Board of Directors unanimously have proposed to succeed two board members who are stepping down. In...
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
NorthStar, Colony to merge into $58 billion REIT
By
Lois A. Bowers
Jun 05, 2016
Commercial real estate company NorthStar Realty Finance Corp. will merge with its current external manager, NorthStar Asset Management Group, and private equity firm Colony Capital to become Colony NorthStar,...
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...
Omnicare names Ahmed Hassan president
By
Kathleen Steele Gaivin
Jun 30, 2022
Long-term care pharmacy giant Omnicare announced Tuesday the appointment of Ahmed Hassan as president of the Cincinnati, OH-based company, effective Friday. Hassan is charged with executing the firm’s...