Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path
By
Kimberly Bonvissuto
Feb 26, 2021
The COVID-19 pandemic caused a shift in strategy for Five Star Senior Living and Diversified Healthcare Trust, but company executives said Thursday during fourth-quarter earnings calls that they remain...
Senior living outlook remains positive as industry adapts to challenges from COVID-19: report
By
Kimberly Bonvissuto
Jun 03, 2020
The long-term outlook remains positive for the senior living industry, which is adapting to change brought on by the COVID-19 pandemic, according to a new report.
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
Industry advocates use nursing home mention in SOTU to press for COVID-19 relief
By
Kimberly Bonvissuto
Mar 03, 2022
Although President Biden took direct aim at overhauling federal nursing home regulations during his State of the Union address, aging services leaders are using the mention of long-term care as an opportunity...
30 percent federal funding cut jeopardizes senior living workforce programs, provider group says
By
Kimberly Bonvissuto
Jul 17, 2023
A proposed funding cut of almost 30% for the Department of Labor could jeopardize senior living workforce training programs being launched in several states, according to Argentum.
National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Survey results support socialization benefits of senior living communities
By
Kimberly Bonvissuto
Mar 14, 2023
The results of a new poll on loneliness will come as no shock to senior living providers — adults aged 50 to 80 who live alone report higher rates of social isolation than those who live with others.
Feds make $175 million available for affordable senior housing
By
Kimberly Bonvissuto
Sep 23, 2022
Up to $174.6 million in federal grant funding was announced Wednesday to support the development of new rental affordable senior housing.
Roadmap shows providers how to adopt a wellness culture
By
Kimberly Bonvissuto
Jan 19, 2023
The senior living industry is shifting toward a wellness model to attract residents looking for life beyond care and housing, according to industry thought leaders.