Healthcare real estate investment trust HCP still expects Scott Brinker to join the company in January as executive vice president and chief investment officer, despite allegations from his former employer,...
Five Star takes steps to mitigate effects of memory care occupancy challenges
By
Lois A. Bowers
May 16, 2018
Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
Size helps Brookdale in natural disasters, CEO says, but financial effects linger
By
Lois A. Bowers
Nov 08, 2017
Hurricanes, wildfires, generators, HCP and metrics of success were among the topics that executives of Brookdale Senior Living discussed with shareholders and analysts Tuesday on a third-quarter earnings...
Next Brookdale CEO talks turnaround after company rejects takeover bid
By
Lois A. Bowers
Feb 23, 2018
As Lucinda “Cindy” Baier prepares to lead Brookdale Senior Living, the company’s short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative...
Capital, ‘disappointed’ with second-quarter results, scrutinizes operations
By
Lois A. Bowers
Aug 01, 2018
Historic competition for new residents, increasing wage pressure and higher-than-expected resident attrition negatively affected Capital Senior Living’s performance in the second quarter, but plans...
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...
Brookdale Senior Living is not ‘too big to be successful,’ CEO says
By
Lois A. Bowers
Feb 15, 2019
Brookdale Senior Living President and CEO Lucinda “Cindy” Baier had a message Thursday for all those who, for the past several years, engaged in “speculation about whether Brookdale became too big...
Senior living association recommends overtime changes to Labor Department
By
Lois A. Bowers
Oct 02, 2017
The Labor Department should base increases in the minimum salary threshold used to determine overtime pay on the 20th percentile for salaried employees in the lowest paid geographic region of the country,...
Invesque moving Greenfield properties to Commonwealth, Heritage
By
Lois A. Bowers
Aug 16, 2019
Invesque is moving 13 Greenfield Senior Living communities to other operators, company executives announced Thursday on the healthcare real estate company’s second-quarter earnings call.