Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Assisted living CEOs see 4.12 percent salary increase
By
Lois A. Bowers
Jan 19, 2022
Across the country, average salaries for assisted living community presidents/CEOs increased 4.12% over the past year, according to “2021-2022 Assisted Living Salary & Benefits Report,” published by...
People in the News, June 19
By
Meredith Beirne
Jun 19, 2018
Appointments and promotions at American House Senior Living Communities, Benchmark Senior Living, Catholic Charities New Hampshire, Epoch Senior Living, Genacross Lutheran Services, Integral Senior Living,...
Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
People in the news, Nov. 12
Nov 12, 2019
Appointments, promotions and other news at Gemino Healthcare Finance, GOJO Industries, Harbor’s Edge, Health Dimensions Group, Healthpeak Properties, Immanuel Lutheran Communities, Integral Senior Living,...
$140 million Ilumin formed by merger of 3 Pennsylvania long-term care providers
By
Kathleen Steele Gaivin
Feb 04, 2022
Pennsylvania senior living and care providers Allegheny Lutheran Social Ministries, Garden Spot Communities and Liberty Lutheran Services will affiliate under the umbrella of a new parent company named...
LTC moves last Thrive community to Affinity as it looks to diversify operator base
By
Lois A. Bowers
Aug 12, 2019
LTC Properties has completed the transition of all of its Thrive Senior Living communities to other operators, executives said Friday on the Westlake Village, CA-based real estate investment trust’s...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Several Pennant senior living communities involved in 2019 spin-off return to Ensign
By
Lois A. Bowers
Apr 29, 2022
Several senior living communities that were spun off from The Ensign Group in 2019 to form The Pennant Group have returned to Ensign, the San Juan Capistrano, CA-based company reported Thursday as part...
Senior living community fined for not paying overtime to salaried employee
By
Amy Novotney
Jun 13, 2022
A senior living community serving more than 900 residents will pay almost $7,000 in back wages after denying a salaried worker overtime wages, the Department of Labor’s Wage and Hour Division announced...