Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
30 percent federal funding cut jeopardizes senior living workforce programs, provider group says
By
Kimberly Bonvissuto
Jul 17, 2023
A proposed funding cut of almost 30% for the Department of Labor could jeopardize senior living workforce training programs being launched in several states, according to Argentum.
National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Survey results support socialization benefits of senior living communities
By
Kimberly Bonvissuto
Mar 14, 2023
The results of a new poll on loneliness will come as no shock to senior living providers — adults aged 50 to 80 who live alone report higher rates of social isolation than those who live with others.
Roadmap shows providers how to adopt a wellness culture
By
Kimberly Bonvissuto
Jan 19, 2023
The senior living industry is shifting toward a wellness model to attract residents looking for life beyond care and housing, according to industry thought leaders.
Workforce, advocacy, provider support comprise new LeadingAge strategic plan
By
Kimberly Bonvissuto
Apr 18, 2024
WASHINGTON, DC—On the second day of LeadingAge’s Leadership Summit 2024 here, Board Chair Roberto Muñiz, president and CEO of New Jersey-based Parker Health Group, urged members to share their stories...
DHC will regain compliance by end of 2024, execs predict
By
Kathleen Steele Gaivin
Nov 03, 2023
Diversified Healthcare Trust has more than $700 million of debt coming due next year and remains out of compliance with its debt and current covenant. But the Newton, MA-based real estate investment trust,...
Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.