‘Prudent capital investments’ lead to ‘continued momentum’ for Diversified Healthcare Trust,...
By
Lois A. Bowers
Aug 05, 2024
Diversified Healthcare Trust saw “continued momentum” in its senior housing operating portfolio, or SHOP, in the second quarter due to “favorable tailwinds in senior housing” in addition to “prudent...
CareTrust REIT expects ‘supercharged growth for the foreseeable future’
By
Lois A. Bowers
Aug 05, 2024
The first six months of 2024 have been “strong” for CareTrust REIT President and CEO Dave Sedgwick said Friday on a second-quarter earnings call, adding that “momentum is actually building” and...
NLRB withdraws appeal of decision enjoining ‘joint employer’ rule
By
Lois A. Bowers
Jul 22, 2024
The National Labor Relations Board on Friday withdrew its appeal of a district court ruling that enjoined its “joint employer” final rule.
State budget has ‘positive steps’ but does not do enough for providers, residents, groups say
By
Lois A. Bowers
Jul 22, 2024
Senior living industry advocates in Pennsylvania say they are encouraged by steps to support older adults evident in the recently passed state budget, but they say much more needs to be done to support...
Clif Porter named AHCA/NCAL’s next president and CEO
By
Lois A. Bowers
Jul 16, 2024
Clifton J. “Clif” Porter II, the current senior vice president of government relations for the American Health Care Association/National Center for Assisted Living, will become the groups’ next president...
Senior living providers need strategic AI plans ‘as soon as possible,’ expert says
By
Lois A. Bowers
Jul 15, 2024
Artificial intelligence increasingly is being used by senior living operators and the companies that serve them, and those operators that haven’t implemented it risk being less efficient than their competitors...
Kendal CEO Vassar Byrd discusses Kendal, her previous position and ‘some really fun things’
By
Lois A. Bowers
Jun 24, 2024
New Kendal Corp. CEO Vassar Byrd recently spent a few minutes with McKnight’s Senior Living discussing her professional roles, her love of dragon boat racing, and how the those two worlds could overlap.
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...