Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
$140 million Ilumin formed by merger of 3 Pennsylvania long-term care providers
By
Kathleen Steele Gaivin
Feb 04, 2022
Pennsylvania senior living and care providers Allegheny Lutheran Social Ministries, Garden Spot Communities and Liberty Lutheran Services will affiliate under the umbrella of a new parent company named...
Several Pennant senior living communities involved in 2019 spin-off return to Ensign
By
Lois A. Bowers
Apr 29, 2022
Several senior living communities that were spun off from The Ensign Group in 2019 to form The Pennant Group have returned to Ensign, the San Juan Capistrano, CA-based company reported Thursday as part...
LTC moves last Thrive community to Affinity as it looks to diversify operator base
By
Lois A. Bowers
Aug 12, 2019
LTC Properties has completed the transition of all of its Thrive Senior Living communities to other operators, executives said Friday on the Westlake Village, CA-based real estate investment trust’s...
Senior living community fined for not paying overtime to salaried employee
By
Amy Novotney
Jun 13, 2022
A senior living community serving more than 900 residents will pay almost $7,000 in back wages after denying a salaried worker overtime wages, the Department of Labor’s Wage and Hour Division announced...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Ensign, Omega optimistic about paths to sustained long-term growth
By
Kimberly Bonvissuto
Aug 03, 2022
Although workforce challenges and the lingering effects of the COVID-19 pandemic continue to disrupt the long-term care industry, Ensign Group and Omega Healthcare Investors executives said that the companies...
21 Holiday communities to change from leased to managed, Sabra says
By
Lois A. Bowers
Dec 20, 2018
Sabra Health Care REIT intends to terminate triple-net master leases for 21 Holiday Retirement communities and enter into management agreements with Holiday for those communities, the Irvine, CA-based...
Nominations open for 2022 McKnight’s Women of Distinction awards
By
Lois A. Bowers
Nov 16, 2021
McKnight’s Senior Living, McKnight’s Long-Term Care News and McKnight’s Home Care have opened the nomination process for the fourth annual McKnight’s Women of Distinction awards program. The 2022...
Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...