Time of uncertainty can be time of opportunity for operators, Argentum board chair says
By
Lois A. Bowers
May 02, 2017
Collaboration with organizations once thought of as competitors can help turn a time of healthcare policy uncertainty into a time of opportunity for senior living, Argentum Board of Directors Chairman...
Report: HHS opens inquiry into Ascension, Google partnership to ensure HIPAA compliance
By
Lois A. Bowers
Nov 13, 2019
The Department of Health and Human Services is opening an inquiry into a partnership between Ascension and Google to “seek to learn more information about this mass collection of individuals’ medical...
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
Brookdale refinances $619 million in mortgage debt to increase liquidity
By
Lois A. Bowers
Sep 01, 2017
Brookdale Senior Living has refinanced $618.9 million in outstanding mortgage debt, including $389.9 million of debt that was scheduled to reach maturity next year, through a $975 million credit facility...
Effort would add ‘residents’ bill of rights’ to Florida constitution
By
Lois A. Bowers
Jan 22, 2018
The man behind a proposal that would add a “Nursing Home and Assisted Living Facility Residents’ Bill of Rights” to the Florida constitution says it is an effort to “establish a...
AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
Holiday occupancy steadily improving, NHI says
By
Lois A. Bowers
Aug 09, 2017
Holiday Retirement properties in real estate investment trust NHI’s portfolio have seen a steady increase in occupancy over the past three months as the country’s largest independent living...
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
McKnight’s 40 for 40: Pat Mulloy
By
Lois A. Bowers
Jun 29, 2020
Pat Mulloy has held the top post at three senior living and care organizations. “Helping people leave this planet with some level of dignity and grace and having a meaningful experience in the last...