Camaraderie, coaching, cash, car: One provider’s quest to increase COVID vaccination among staff
By
Kimberly Bonvissuto
Jul 06, 2021
Vaccinated workers for a Vero Beach, FL-based senior living operator stand to win a piece of $100,000 in cash prizes and a 2021 Nissan Versa in a grand prize drawing this week. But the company’s...
Analysts mull DeRosa’s departure from the helm at Welltower
By
Amy Novotney
Oct 08, 2020
Following the announcement earlier this week that Thomas DeRosa is stepping down as Welltower’s CEO, several analysts noted that although the timing of the announcement was unexpected, the choice for...
Eagle Senior Living sees ‘significant debt relief’ in restructuring plan
By
Kathleen Steele Gaivin
Apr 29, 2022
A reorganization plan for Eagle Senior Living will reduce the company’s debt by approximately $40 million and promises $28 million in new financing, according to the operator’s attorney. The U.S. Bankruptcy...
ProMedica’s senior care division reports $93.1 million in losses for fourth quarter
By
Kathleen Steele Gaivin
Mar 15, 2022
Toledo-Ohio ProMedica’s senior care division generated an operating loss of $93.1 million for the fourth quarter of 2021, compared with the division’s operating loss of $43.5 million for the prior...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Skilled nursing operators should ‘embrace the change’ precipitated by pandemic challenges: Ziegler
By
Kathleen Steele Gaivin
Jan 18, 2022
The pandemic shows no signs of going away any time soon, but companies still must focus on strategic goals in 2022, according to specialty investment bank Ziegler.
Immanuel gives employees 23 percent pay increase, other benefits
By
Kathleen Steele Gaivin
Jul 01, 2021
Omaha, NE-based Immanuel Communities is increasing pay for workers at its 14 senior living communities and three Pathways PACE (Program of All-inclusive Care for the Elderly) centers across Nebraska and...
Pandemic a good opportunity for SNFs to prove their importance: Matros
By
James M. Berklan
Sep 30, 2020
Census pressure and uncertainties caused by COVID-19 continue to threaten the nursing home industry. But at least one major real estate investment trust CEO sees this period as a time of good opportunity...
Sabra ‘in all likelihood’ will exit Enlivant portfolio, Matros says, as REITs take varied approaches...
By
Kathleen Steele Gaivin
Jun 10, 2021
Sabra Health Care REIT has yet to reach a decision about its joint venture with private equity firm TPG Real Estate, through which it has a 49% stake in a portfolio of dozens of Enlivant senior living...
Most large employers expect to offer vaccines to employees on-site: survey
By
Amy Novotney
Apr 06, 2021
Many large employers are expecting to offer COVID-19 vaccines on-site for workers by the end of the year, finds a survey released last week by the National Alliance of Healthcare Purchaser Coalitions....