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...
21 Holiday communities to change from leased to managed, Sabra says
By
Lois A. Bowers
Dec 20, 2018
Sabra Health Care REIT intends to terminate triple-net master leases for 21 Holiday Retirement communities and enter into management agreements with Holiday for those communities, the Irvine, CA-based...
Nominations open for 2022 McKnight’s Women of Distinction awards
By
Lois A. Bowers
Nov 16, 2021
McKnight’s Senior Living, McKnight’s Long-Term Care News and McKnight’s Home Care have opened the nomination process for the fourth annual McKnight’s Women of Distinction awards program. The 2022...
Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...
New Senior raises full-year expectations after solid third quarter
By
Amy Novotney
Nov 02, 2020
Despite continued occupancy declines and additional expenses related to COVID-19, New Senior Investment Group said it was raising its full-year expectations for its adjusted funds from operations Friday...
Addus powers through the pandemic, but challenges remain
By
Diane Eastabrook
Aug 04, 2021
Addus HomeCare executives admitted Tuesday the COVID-19 delta variant is challenging the home care industry as it tries to emerge from the 17-month global pandemic.
LTC shares fate of six Thrive Senior Living communities
By
Lois A. Bowers
Jun 11, 2019
The actions address all six Thrive communities that were part of LTC’s portfolio as of its May earnings call, when REIT executives shared that LTC had issued a notice of default to Thrive as well as...
People in the news, Nov. 3
By
Kimberly Bonvissuto
Nov 03, 2020
Appointments and promotions at Cadence Living, Friendship Health, Integral Senior Living, LeadingAge Florida, LeadingResponse, Life Care Centers of America, The Pennant Group, SCAN Group and TeleHealth...
Premier to pay $325 million for Innovatix, Essensa Ventures
Nov 28, 2016
Healthcare improvement company Premier Inc. will acquire group purchasing organizations Innovatix and Essensa Ventures for $325 million, the company announced Monday. The transaction is expected to close...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.