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.
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...
Invesque makes addition, dispositions and operator transitions
By
Lois A. Bowers
Nov 10, 2023
Invesque continued to adjust its portfolio through an addition, dispositions and operator transitions in the third quarter and afterward, the Fishers, IN-based healthcare real estate company reported as...
Arizona AL community turns over control to third party amid abuse, fraud allegations
By
Kimberly Bonvissuto
Apr 26, 2024
An Arizona assisted living owner has turned over control of its community to a third-party receiver following allegations of elder abuse and consumer fraud.
‘Compassion’ fund helps residents continue to ‘age well, live fully’
By
Kimberly Bonvissuto
Nov 22, 2023
A faith-based senior living and care community in Virginia takes its mission of compassionate care seriously, creating a fund to keep residents in their homes there even when they outlive their resources.
Proposal would change COVID-19 reporting for assisted living providers
By
Kimberly Bonvissuto
Dec 20, 2023
Assisted living communities and other congregate living settings would change how they report COVID-19 cases under a proposal by the Alabama Department of Public Health.
Assisted living provides value, satisfaction in long-term care continuum, industry advocates say
By
Kimberly Bonvissuto
Jan 26, 2024
The assisted living industry is fighting back against growing scrutiny over staffing challenges and what consumer groups and the lay media say is a cost structure that prices many older adults out of services...