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...
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.
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.