Ventas performs at high end of expectations in second quarter
By
Kimberly Bonvissuto
Aug 08, 2022
The business performance of Chicago-based real estate investment trust Ventas during the second quarter was at the high end of expectations, Ventas Chairman and CEO Debra Cafaro said Friday during a second-quarter...
Senior living affected as LGBT individuals get protection on the job but not for healthcare
By
Kimberly Bonvissuto
Jun 16, 2020
Senior living organizations are applauding Monday’s U.S. Supreme Court ruling that existing federal law forbids job discrimination on the basis of sexual orientation of transgender status.
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
Rent increase, acquisitions up revenue, income despite occupancy decline at Ensign
By
Lois A. Bowers
Aug 06, 2018
Revenue and income were up in Ensign Group’s assisted living and independent living services segment in the second quarter compared with the same quarter of 2017, as acquisitions and rent increases...
Lutheran Home plans to become part of Methodist-affiliated organization
By
Lois A. Bowers
Feb 27, 2020
Lutheran Home at Concord Reserve, located in the Cleveland suburb of Westlake, plans to affiliate with Life Enriching Communities, based almost four hours away in the Cincinnati suburb of Loveland, the...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
Funding, unionization needed to improve wages, working conditions in long-term care: report
By
Kimberly Bonvissuto
Jul 28, 2022
Expanding public funding, increasing the minimum wage and unionizing workers are the first steps toward improving wages and working conditions in the residential long-term care industry, according to the...
Kisco Senior Living pioneers new employee training program inspired by hospitality industry
By
Lois A. Bowers
Aug 14, 2018
Kisco Senior Living was looking for a way to take its customer service to the next level. The organization found a way to do it that no other senior living operator had found before.
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...