After ‘delivering on its commitments’ in 2023, Pennant Group continues momentum into 2024
By
Kimberly Bonvissuto
Mar 01, 2024
Strong fourth-quarter 2023 results capped off a year of persistent progress and steady growth for the Pennant Group, according to CEO Brent Guerisoli, who on Thursday said the company delivered on its...
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,...
Court upholds arbitration agreement in assisted living resident’s wrongful death lawsuit
By
Kimberly Bonvissuto
Feb 21, 2024
The family of an assisted living resident who filed a wrongful death lawsuit is bound by an arbitration agreement signed when the resident moved into the community, the Tennessee Supreme Court has rule.
NHI performance better than expected thanks to record rent repayments, occupancy gains
By
Kimberly Bonvissuto
Nov 09, 2023
National Health Investors’ third-quarter results exceeded its expectations, due to strong rent collections, record repayment of rent deferrals and no unexpected rent concessions for operators, according...
Brookdale continues occupancy momentum in post-COVID era
By
Kimberly Bonvissuto
Dec 11, 2023
Brookdale Senior Living reported its 25th consecutive month of year-over-year weighted average occupancy growth in an update released Friday.
Mitigating risk of falls in senior living improves resident, community well-being
By
Kimberly Bonvissuto
Sep 27, 2023
The majority of liability claims against senior living and care settings comes from falls, so operators that don’t have protocols in place to document interventions face a host of financial, reputational,...
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
Assisted living owner sentenced in $1 million COVID-19 relief fraud case
By
Kimberly Bonvissuto
Jan 12, 2024
The owner of an assisted living community will spend two years in federal prison as part of a plea agreement for fraudulently obtaining more than $1 million in COVID-19 relief funds that he used for personal...
Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...