Addus powers through the pandemic, but challenges remain
By
Diane Eastabrook
Aug 04, 2021
Addus HomeCare executives admitted Tuesday the COVID-19 delta variant is challenging the home care industry as it tries to emerge from the 17-month global pandemic.
LTC shares fate of six Thrive Senior Living communities
By
Lois A. Bowers
Jun 11, 2019
The actions address all six Thrive communities that were part of LTC’s portfolio as of its May earnings call, when REIT executives shared that LTC had issued a notice of default to Thrive as well as...
New Senior raises full-year expectations after solid third quarter
By
Amy Novotney
Nov 02, 2020
Despite continued occupancy declines and additional expenses related to COVID-19, New Senior Investment Group said it was raising its full-year expectations for its adjusted funds from operations Friday...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Senior living CEOs part of group of 2,000 committing to workplace diversity, inclusion
By
Kimberly Bonvissuto
May 21, 2021
Argentum pledged Thursday to create and implement diversity and inclusion programs in its organization, joining a CEO-led initiative that includes other senior living providers and associated companies...
Dominion counts on profit-sharing to woo, keep executive directors
By
Lois A. Bowers
Aug 25, 2017
Dominion Senior Living is adapting Chick-fil-A’s employment approach to senior living, banking on the belief that executive directors who “own” the experience at their communities will...
New ‘joint employer’ definition proposed; providers could face greater liability
By
Kathleen Steele Gaivin
Sep 07, 2022
The National Labor Relations Board on Tuesday announced a draft of its long-anticipated new “joint employer” definition.
‘Coiled spring’ of senior living expanding sector momentum: Welltower
By
Kimberly Bonvissuto
May 12, 2022
The “coiled spring” of senior living is starting to expand, with growth driven by higher rental rates, increasing occupancy and improving margins, according to Welltower executives.
CVS says long-term care business ‘on track’ despite operating income decrease
By
Lois A. Bowers
May 02, 2019
CVS continues to “work diligently in driving growth for the assisted living space” through its Omnicare long-term care pharmacy business, CVS President and CEO Larry Merlo said Wednesday during the...