Erickson unveils new name, logo as part of $3 billion expansion strategy
By
Lois A. Bowers
Apr 28, 2021
Erickson Living is changing its name to Erickson Senior Living and rolling out a new logo as part of a strategy that will see almost $3 billion in development and construction over the next five years....
Data breach business disruption mitigated by 2 steps: report
By
Lois A. Bowers
Jun 14, 2024
Proactive leadership and strategic planning will help mitigate the business disruption caused by the “Pandora’s box” of data breaches facing healthcare companies, according to a new white paper from...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Sunrise Senior Living to exit 46 UK communities, focus on North America
By
Lois A. Bowers
Jul 20, 2021
McLean, VA-based Sunrise Senior Living will exit as manager of 46 communities in the United Kingdom that operate under the Sunrise and Gracewell Healthcare brands as it focuses on its communities in the...
Business briefs, April 10
Apr 10, 2023
‘Significant’ cost increases coming for nursing facilities, CCRCs, home care … Bureau of Labor Statistics issues March employment situation summary … Executive order aims to improve...
New Enlivant CEO seeks to build on strong foundation
By
Lois A. Bowers
Mar 31, 2021
Dan Guill officially becomes CEO of Enlivant tomorrow. In this exclusive interview, he talks about his short-term and long-term goals, COVID-19 vaccination mandates, succession planning, the importance...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.