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...
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...
Flu, new supply will affect occupancy, income this year, Ventas predicts
By
Lois A. Bowers
Feb 12, 2018
A “severe” flu season and a “mismatch of supply and demand” will continue to affect occupancy and net operating income in Ventas’ seniors housing portfolio in the short term,...
Brookdale should split into REIT, operating company, activist shareholder says: report
By
Lois A. Bowers
Dec 03, 2018
Brookdale Senior Living should divide its properties between a real estate investment trust and an operating company, activist shareholder Jonathan Litt reportedly told company executives recently.
Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
Brookdale woes drag down HCP portfolio performance
By
Lois A. Bowers
Aug 01, 2017
Brookdale Senior Living properties negatively affected the performance of HCP’s senior housing operating portfolio in the second quarter as the country’s largest senior living operator experienced...