Brookdale Senior Living CEO: ‘Too soon to tell’ outcome of Senate inquiry
By
Kimberly Bonvissuto
Feb 22, 2024
Brookdale Senior Living’s leader said Wednesday she is confident in the company’s priorities in the face of growing scrutiny of the industry by the lay media and policymakers.
Nonprofit providers face alarming market forces, must rally, LeadingAge chairman says
By
Tim Mullaney
Oct 22, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association...
Ascension settles federal immigration-related discrimination claims
By
Kimberly Bonvissuto
Aug 26, 2021
St. Louis-based Ascension, which includes 40 Ascension Living senior living and care communities as well as 146 hospitals across 19 states and Washington, D.C., has reached a $84,832 settlement with the...
Keeping keepers
By
John Andrews
Mar 01, 2018
There’s little doubting that senior living now faces a severe worker shortage, but new tools also are emerging.
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
A Place for Mom is sold to new investors
By
Lois A. Bowers
Jul 06, 2017
A Place for Mom is being sold to technology investment firm Silver Lake and global growth equity firm General Atlantic by its current investor, growth private equity firm Warburg Pincus, the companies...
Proposed overtime rule would worsen workforce, resident access issues, provider groups fear
By
Lois A. Bowers
Aug 31, 2023
A Labor Department-proposed rule that would make approximately 3.6 million more salaried workers and so-called highly compensated employees eligible for overtime pay is “ill-timed” and would worsen...
Ensign Group sets record date for Pennant Group spinoff
By
Lois A. Bowers
Aug 29, 2019
The Ensign Group has set a record date of Sept. 20 for the previously announced spinoff of its subsidiary, The Pennant Group, the San Juan Capistrano, CA-based company announced Wednesday.
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Senior living owners take rare step to isolate with residents during COVID-19 pandemic
By
Kimberly Bonvissuto
Jun 25, 2020
Kathy and Don Beck have taken extraordinary steps to keep the older adults in their small Oregon senior living community safe during the COVID-19 pandemic.