NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
NHI continues portfolio optimization efforts with focus on return to growth
By
Kimberly Bonvissuto
Nov 10, 2022
With third-quarter results ahead of expectations, National Health Investors President and CEO Eric Mendelsohn said Wednesday during an earnings call that the company’s long-term optimism for the industry...
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
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...
Brookdale Senior Living, Pennant, Sabra Health Care REIT and Welltower reported their third-quarter earnings on Tuesday. Here’s a roundup.
On Election Day, policies, relationships, leadership are long-term care’s ‘dogs in the fight’
By
Kimberly Bonvissuto
Nov 08, 2022
As the midterm elections play out across the nation today, LeadingAge President and CEO Katie Smith Sloan said that providers’ “dogs in the fight” are policies, relationships and leadership in Congress.
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Restructuring drives efficiencies, occupancy gains in third quarter, AlerisLife CEO says
By
Kimberly Bonvissuto
Nov 04, 2022
Continuing progress on a restructuring plan to make the company more efficient resulted in occupancy gains that were the largest in recent years in the third quarter, AlerisLife President and CEO Jeff...