Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
Pennant starts leadership reorganization with search for CFO
By
Kimberly Bonvissuto
Nov 17, 2022
The Pennant Group announced a reorganization of its executive team on Tuesday, starting with a search for a new chief financial officer.
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
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...
Ensign, Omega optimistic about paths to sustained long-term growth
By
Kimberly Bonvissuto
Aug 03, 2022
Although workforce challenges and the lingering effects of the COVID-19 pandemic continue to disrupt the long-term care industry, Ensign Group and Omega Healthcare Investors executives said that the companies...
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...