Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Operator’s victory in social media-related case provides lessons for others
By
Kimberly Bonvissuto
Mar 02, 2023
A Pennsylvania life plan community executive who was fired after sending a pro-Trump tweet clearly violated the company’s social media policy and cannot proceed with an age and gender bias claim, a court...
Employee handbook language makes senior living provider’s arbitration policy ‘unenforceable,’ court...
By
Kimberly Bonvissuto
Jul 31, 2023
A senior living provider’s employee arbitration agreement is “unenforceable” because the company reserved the right to unilaterally alter the policy without advance notice, a court has ruled.
2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
Maplewood Senior Living continues to struggle but sees path forward
By
Kimberly Bonvissuto
Nov 06, 2023
Omega Healthcare Investors continued to see financial performance that exceeded its expectations in the third quarter, executives of the Hunt Valley, MD-based real estate investment trust said Friday,...
Aegis Living, SLR recognized for achieving elevated memory care standards
By
Kimberly Bonvissuto
Feb 26, 2024
Two assisted living and memory care providers have earned certifications for meeting elevated standards of care for people living with dementia.
It’s OK to pick personality over experience when hiring senior living executives, expert says
By
Kimberly Bonvissuto
Jul 14, 2023
Senior living operators looking to fill director-level positions should focus on a candidate’s cultural fit within a community rather than focusing on experience, according to one senior living marketing...