Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
Selling in senior living requires conveying its value proposition, experts say
By
Kimberly Bonvissuto
May 06, 2024
Selling senior living is about conveying its unique value proposition through compelling and authentic messaging that resonates with prospective residents and their families, according to a panel of sales...
Proposed HCBS rule could diminish service access, hamper provider retention efforts, 11 senators tell...
By
Lois A. Bowers
Feb 20, 2024
A proposed federal rule that would require providers of home- and community-based services to spend at least 80% of the Medicaid payments they receive for personal care, homemaker and home health aide...
Staff turnover stabilizes year over year for about half of assisted living providers
By
Kathleen Steele Gaivin
Jan 25, 2024
Staff turnover in assisted living has changed little for many providers over the past 12 months, according to findings in the “2023-2024 Assisted Living Salary & Benefits Report,” published by Hospital...
UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
Pennant senior living portfolio continues rebuilding, with focus on leadership development
By
Kimberly Bonvissuto
Nov 09, 2022
Although wage pressures stifled third-quarter earnings, the Pennant Group saw notable progress on revenue and occupancy and is on track to make “significant” improvements and deliver strong results...
People in the news, March 28
Mar 28, 2023
Appointments, promotions and other news at Anthem Memory Care, Hebrew SeniorLife, Incite Strategic Partners, Lument, Messiah Lifeways, National Lutheran Communities and Services, Pegasus Senior Living,...
People in the news, Oct. 4
Oct 04, 2022
Appointments, promotions and other news at The Arbor Co., ATI Advisory, Avamere Living, Emerald Communities, the Granger Cobb Institute for Senior Living at Washington State University, Health Dimensions...
DHC looks to senior living community sales, other strategies, to recover
By
Kimberly Bonvissuto
Nov 03, 2023
Diversified Healthcare Trust is implementing a recovery strategy to return the company to a position of growth, pinning its hopes on continued improvement in its senior housing operating portfolio, although...