Selling in senior living requires conveying its value proposition, experts say
By
Kimberly Bonvissuto
May 06, 2024
Selling senior living is about conveying its unique value proposition through compelling and authentic messaging that resonates with prospective residents and their families, according to a panel of sales...
Staff turnover stabilizes year over year for about half of assisted living providers
By
Kathleen Steele Gaivin
Jan 25, 2024
Staff turnover in assisted living has changed little for many providers over the past 12 months, according to findings in the “2023-2024 Assisted Living Salary & Benefits Report,” published by Hospital...
UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
Pennant senior living portfolio continues rebuilding, with focus on leadership development
By
Kimberly Bonvissuto
Nov 09, 2022
Although wage pressures stifled third-quarter earnings, the Pennant Group saw notable progress on revenue and occupancy and is on track to make “significant” improvements and deliver strong results...
DHC looks to senior living community sales, other strategies, to recover
By
Kimberly Bonvissuto
Nov 03, 2023
Diversified Healthcare Trust is implementing a recovery strategy to return the company to a position of growth, pinning its hopes on continued improvement in its senior housing operating portfolio, although...
Resiliency training can help combat compassion fatigue
By
Kimberly Bonvissuto
Oct 25, 2023
The COVID-19 pandemic exposed senior living and other aging services workers to unprecedented trauma and loss. As the world emerges from those dark days, workers now are exhibiting compassion fatigue,...
CCRC salaries soaring: Nurses still in hottest demand but raises for all moderating
By
James M. Berklan
Jul 11, 2023
Employees at continuing care retirement communities once again enjoyed healthy salary increases, but the fury of their rise tapered in 2023.
The Pennant Group reports ‘continued positive momentum’ in third quarter
By
Lois A. Bowers
Nov 09, 2023
The Pennant Group saw “continued positive momentum” in operating results in the third quarter, according to Pennant CEO Brent Guerisoli.
Arrow Senior Living plans Joint Commission assisted living accreditation for entire portfolio
By
Kimberly Bonvissuto
Oct 27, 2022
Vitalia North Olmsted has become the second stand-alone assisted living community in the United States — and the first in Ohio — to receive accreditation by The Joint Commission. The announcement comes...
Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.