Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
Labor Department seeks input for overtime rule
By
Lois A. Bowers
Jul 25, 2017
The Department of Labor is accepting input as it prepares to propose a new rule related to circumstances under which certain workers would be entitled to overtime pay.
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
Avamere revises structure in response to healthcare system demands
By
Lois A. Bowers
Nov 15, 2018
The Avamere Family of Companies is combining its three individual entities into one post-acute and community-based healthcare system, the organization announced Wednesday.
Brookdale Senior Living names interim CFO
By
Lois A. Bowers
Mar 28, 2018
Brookdale Senior Living has named Teresa F. Sparks interim chief financial officer, the company announced Tuesday in an SEC filing. Another filing detailed compensation for new CEO Cindy Baier and Non-Executive...
Genesis reports 7% occupancy decline in April; additional reductions expected
By
Danielle Brown
May 27, 2020
Genesis Healthcare is now requiring new or readmitted residents to be placed in quarantine units for 14 days before being transitioned into the general population at a facility in response to the COVID-19...
Capital Senior Living suspends director equity awards
By
Amy Novotney
Mar 30, 2020
In light of the current economic conditions, the Board of Directors for Capital Senior Living on Monday approved a temporary suspension of equity awards to any director or officer of the company. The Compensation...
Embattled Brookdale Senior Living is being asked by a major shareholder to spin off its real estate holdings and revamp its governance board in light of less than-expected stock performance and so-called...