Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Outlook for small businesses in the senior living sector
By
Ben Johnston
Mar 02, 2023
Small businesses, including senior living providers, will adapt to whatever changes this year brings and move to meet the market where consumers are.
Acquisition loans on the rise, experts say
By
Kathleen Steele Gaivin
Mar 02, 2023
Several factors are contributing to the increase in acquisition loans, according to the experts at Cambridge Senior Housing & Healthcare Capital.
Eli Lilly to slash insulin prices, cap monthly out-of-pocket costs at $35
Mar 01, 2023
The company will cut its list price for Humalog 100 units/mL starting in the fourth quarter of 2023.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Provider groups back reintroduced bill expanding veterans’ access to assisted living
By
Kimberly Bonvissuto
Feb 27, 2023
After going nowhere in the last Congress, a bill expanding veterans’ access to assisted living has been reintroduced in this Congress, with backing from all four main trade associations representing...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Older adults fearful they could outlive savings: survey
By
Kathleen Steele Gaivin
Feb 27, 2023
“A runaway majority of seniors think the United States is in a retirement savings crisis,” according to the results of the Retirement Savings Crisis Survey from American Advisors Group.
Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...
Brookdale doubles down on focus on workforce, occupancy, trust to continue recovery, growth
By
Kimberly Bonvissuto
Feb 23, 2023
Brookdale Senior Living plans to tighten its focus on workforce, occupancy, and resident and family trust as it maintains its strategic priorities into 2023, President and CEO Lucinda “Cindy” Baier...