CareTrust REIT ‘rinses out softness’ in portfolio as 2020 approaches
By
Lois A. Bowers
Nov 11, 2019
Changing operators on a portfolio of seven assisted living communities is one of the ways that San Clemente, CA-based CareTrust REIT is working to “rinse out any real softness in the portfolio and position...
Firms active in long-term care recognized for energy efficiency improvement efforts
By
Lois A. Bowers
Apr 10, 2023
Several companies operating in, investing in or serving senior living and care recently were honored by the federal government for their energy efficiency improvement efforts.
$900,000 arbitration decision shines spotlight on independent living
By
Lois A. Bowers
Feb 20, 2017
Regulation of independent living and the elimination of mandatory arbitration agreements might prevent events like the one that led to an arbiter’s decision that a Virginia operator pay $900,000...
Antipsychotics study proves value of reduction efforts, leaders say
By
Lois A. Bowers
Oct 22, 2015
Findings of a new study on the use of antipsychotic medications reinforce the necessity of initiatives aimed at reducing the off-label use of the drugs, researchers and industry representatives say. More...
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Senior living mourns loss of Granger Cobb
By
Lois A. Bowers
Sep 24, 2015
“Pioneer,” “beloved” and “titan” are some of the words being used to describe the late senior living leader.
More than 6 years later, GAO still looking for CMS to act on assisted living recommendation
By
Lois A. Bowers
Mar 19, 2024
The Centers for Medicare & Medicaid Services still has not taken action on a recommendation made by the US Government Accountability Office in a January 2018 report on assisted living, the GAO said in...
Senior housing occupancy falls 1.1 percent in April, and May could see ‘pretty significant impact,’...
By
Lois A. Bowers
May 20, 2020
Occupancy in senior housing fell 1.1% to 88.7% in April, according to data released Tuesday by the National Investment Center for Seniors Housing & Care. The rate was 1% lower than the prior year, NIC...
HCP closes on $866 million in acquisitions as it transforms senior housing portfolio
By
Lois A. Bowers
Aug 02, 2019
HCP continues work to transform the senior housing part of its portfolio, closing on $866 million in acquisitions in the second quarter, among other actions. The REIT’s CEO also commented on HCP’s...
Will Trump’s election affect value-based care efforts?
By
Lois A. Bowers
Nov 09, 2016
How will Donald J. Trump’s election to the nation’s highest office affect senior care providers that are operating under Affordable Care Act provisions that incentivize value-based care over...