LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
Senior living providers advised to ‘carefully evaluate’ employee classifications in light of new...
By
Kimberly Bonvissuto
Jan 10, 2024
A large national trade group advocating for senior living and other long-term care providers is urging its members to “carefully evaluate their existing classifications” of workers following the Tuesday...
McKnight’s Spirit Awards to go to 4 inspirational women in long-term care
By
Adam Healy
Josh Henreckson
Foster Stubbs
Lois A. Bowers
Feb 22, 2024
Four women have been chosen as the third class of Spirit Award winners as part of the 2024 McKnight’s Women of Distinction program.
Bake sale-supported nursing home turns to assisted living to survive
By
Josh Henreckson
Apr 05, 2024
A Rhode Island nursing home that had turned to a grassroots funding campaign that included a resident-run bake sale to avoid closure is reworking one of its floors into a memory-care focused assisted...
Diversified Healthcare Trust’s senior living portfolio continues to struggle following merger collapse
By
Kimberly Bonvissuto
Sep 26, 2023
Diversified Healthcare Trust’s senior housing operating portfolio continues to struggle in its post-pandemic recovery, according to a monthly performance update released Monday.
Coalition to promote ‘common sense solutions’ in senior living and care
By
Kimberly Bonvissuto
Feb 26, 2024
Three Arizona senior living and care advocacy organizations are partnering to promote “common sense solutions” for long-term care and counter negative perceptions of providers that appear in the lay...
Repositioning plans can help improve census, margin in senior living
By
Kimberly Bonvissuto
Oct 20, 2023
Revitalizing marketability and driving higher occupancy in a competitive senior living market can be boiled down to developing strategic repositioning plans to ensure a successful future, according to...
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
Philip Esformes pleads guilty to healthcare fraud, sentenced to time served
By
Kimberly Bonvissuto
Feb 22, 2024
Former assisted living community and nursing home owner Philip Esformes pleaded guilty to healthcare fraud on Thursday and received a sentence of time served, ending a case the federal government at one...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...