Appointments, promotions and other news at the Georgia Senior Living Association, the LCS Foundation, LeadGenie, Metropolitan Senior Living and the National Association of Health Care Assistants.
What could replace ‘quiet quitting’ in 2023
By
Lois A. Bowers
Jan 23, 2023
“Quiet quitting” is so last year. The top workplace phenomenon that employers will see in 2023 is “quiet hiring,” according to one expert. The good news for organizations is that, in contrast to...
Review corporate gift, entertainment acceptance policies as holidays approach, experts advise
By
Kathleen Steele Gaivin
Nov 21, 2023
It’s the time of year that vendors try to spread holiday cheer, often in the form of gifts and entertainment. That means it’s also time to review corporate policies before accepting even the smallest...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...
American Healthcare REIT considers increasing stake in Trilogy Health Services
By
Kathleen Steele Gaivin
Feb 13, 2024
Fresh off of an initial public offering, American Healthcare REIT executives said Monday that the company is considering buying the remaining 26% of Trilogy Health Services that it currently does not own.
Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
As LGBTQ+ population increases in senior living, so must provider inclusivity actions
By
Kimberly Bonvissuto
Jul 08, 2024
LGBTQ+ older adults are one of the fastest emerging populations in senior living, presenting both opportunities and challenges for providers, according to a legal expert.
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.