Largest senior living providers in 2017 named by Argentum
By
Lois A. Bowers
Nov 15, 2017
This year’s list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
PharMerica to go private in $1.4 billion deal as it looks to ‘aggressively compete’ for assisted...
By
Lois A. Bowers
Aug 02, 2017
PharMerica Corp. says that its $1.4 billion acquisition by a newly formed company controlled by global investment firm KKR, with Walgreens Boots Alliance as a minority investor, will provide additional...
Senior living’s pandemic losses projected to grow to $30 billion through June
By
Kimberly Bonvissuto
May 24, 2021
Senior living providers have incurred $22.5 billion in pandemic-related costs to date, with uncompensated financial losses expected to grow to $29.8 billion through the first half of this year, according...
Investors excited about independent and assisted living: report
By
Lois A. Bowers
Jan 05, 2018
Investors this year will be most attracted to “lifestyle-focused” segments of seniors housing, including one that may surprise some, according to a new report from commercial real estate services...
Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000...
By
Lois A. Bowers
Sep 17, 2019
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according...
How communities are addressing staff turnover, vacancies
By
Lois A. Bowers
Jan 26, 2016
A new report shares the actions being taken by assisted living communities to recruit and retain staff. Some positions provide more of a challenge than others.
Assisted, independent living ‘critical part’ of Ensign’s success in fourth quarter,...
By
Lois A. Bowers
Feb 12, 2018
The Ensign Group saw the highest adjusted earnings per share in its history in the fourth quarter of 2017, and assisted living and independent living had much to do with it, Ensign President, CEO and Director...
Where turnover is highest, lowest in assisted living
By
Lois A. Bowers
Jan 24, 2017
A new report reveals which positions in assisted living communities saw the greatest and least turnover last year and whether the rate increased, decreased or stayed the same over the past 12 months.
Top 10 ways to align your board as you consider repositioning options
By
Randy Bremhorst
Dennis Russell
Nov 04, 2016
The board of a senior living organization plays a critical role in making the needed shifts — or at least it should. Here are 10 ways to align your board as you consider your options for repositioning.