Five Star takes steps to mitigate effects of memory care occupancy challenges
By
Lois A. Bowers
May 16, 2018
Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives...
Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019
As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...
NLRB grants more time for comments on proposed ‘joint employer’ standard change
By
Lois A. Bowers
Oct 31, 2018
The National Labor Relations Board said Tuesday that it would extend by one month the deadline for people to submit comments regarding its proposed rulemaking concerning the standard for determining “joint...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
Size helps Brookdale in natural disasters, CEO says, but financial effects linger
By
Lois A. Bowers
Nov 08, 2017
Hurricanes, wildfires, generators, HCP and metrics of success were among the topics that executives of Brookdale Senior Living discussed with shareholders and analysts Tuesday on a third-quarter earnings...
QCP sets July 25 vote on Welltower merger, ‘golden parachute’ payments
By
Lois A. Bowers
Jun 22, 2018
Quality Care Properties has announced a July 25 date for a special meeting where stockholders are expected to vote on a proposed merger with Welltower and multimillion dollar “golden parachute”...
Next Brookdale CEO talks turnaround after company rejects takeover bid
By
Lois A. Bowers
Feb 23, 2018
As Lucinda “Cindy” Baier prepares to lead Brookdale Senior Living, the company’s short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative...
Capital, ‘disappointed’ with second-quarter results, scrutinizes operations
By
Lois A. Bowers
Aug 01, 2018
Historic competition for new residents, increasing wage pressure and higher-than-expected resident attrition negatively affected Capital Senior Living’s performance in the second quarter, but plans...
HumanGood, Living Care Retirement Community to affiliate
By
Lois A. Bowers
Apr 23, 2021
The Pleasanton, CA-based HumanGood organization and the nonprofit Living Care Retirement Community in Yakima, WA, on Thursday announced plans to affiliate.
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...