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...
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...
Brookdale Senior Living is not ‘too big to be successful,’ CEO says
By
Lois A. Bowers
Feb 15, 2019
Brookdale Senior Living President and CEO Lucinda “Cindy” Baier had a message Thursday for all those who, for the past several years, engaged in “speculation about whether Brookdale became too big...
Senior living association recommends overtime changes to Labor Department
By
Lois A. Bowers
Oct 02, 2017
The Labor Department should base increases in the minimum salary threshold used to determine overtime pay on the 20th percentile for salaried employees in the lowest paid geographic region of the country,...
Invesque moving Greenfield properties to Commonwealth, Heritage
By
Lois A. Bowers
Aug 16, 2019
Invesque is moving 13 Greenfield Senior Living communities to other operators, company executives announced Thursday on the healthcare real estate company’s second-quarter earnings call.
Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
Brookdale making progress but has ‘a significant amount of work ahead,’ CEO says
By
Lois A. Bowers
May 09, 2018
In the first quarter and beyond, Brookdale Senior Living made progress on the turnaround strategy it announced in February, “but we have a significant amount of work ahead of us,” CEO Lucinda...
Senior living represented on MA governor’s Aging Council
By
Lois A. Bowers
Apr 16, 2017
The CEOs of Benchmark Senior Living and Jewish Community Housing for the Elderly are two of 24 people named to a new group tasked with developing a plan to improve public and private efforts to support...
Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...