Texas power grid leaves some assisted living communities without power for days, raising questions for...
By
Kimberly Bonvissuto
Jul 16, 2024
Texas’ power grid struggled to get homes and business back online after Hurricane Beryl made landfall as a Category 1 storm last week, leaving some assisted living communities and nursing homes grappling...
QCP sets July 25 vote on Welltower merger, ‘golden parachute’ payments
By
Lois A. Bowers
Jun 22, 2018
Quality Care Properties has announced a July 25 date for a special meeting where stockholders are expected to vote on a proposed merger with Welltower and multimillion dollar “golden parachute”...
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...
Brookdale encounters a new problem: separation anxiety
By
John Hall
Mar 05, 2015
Embattled Brookdale Senior Living is being asked by a major shareholder to spin off its real estate holdings and revamp its governance board.
Brookdale settles retaliation discrimination lawsuit filed by EEOC
By
Kimberly Bonvissuto
Jun 01, 2020
Brookdale Senior Living will pay $80,000, update its anti-retaliation policies and train employees on compliance with federal anti-discrimination laws to settle a retaliation discrimination lawsuit filed...
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...
HumanGood, Living Care Retirement Community to affiliate
By
Lois A. Bowers
Apr 23, 2021
The Pleasanton, CA-based HumanGood organization and the nonprofit Living Care Retirement Community in Yakima, WA, on Thursday announced plans to affiliate.
As overtime rule effective date approaches, DOL seeks to expedite lawsuit challenge
By
Kathleen Steele Gaivin
Jun 24, 2024
With the July 1 effective date of the new federal overtime rule looming, the Department of Labor has petitioned a Texas court to expedite discovery in a lawsuit seeking to block the rule.
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 seeing progress in wake of Emeritus acquisition
By
John Hall
Feb 01, 2016
Brookdale Senior Living says it’s confident it has calmed much of the 2015 tumult in the wake of an Emeritus acquisition that led to short-term occupancy dips, management turnover and less-than-expected...