Valeant in the hot seat at Senate committee hearing
By
Lois A. Bowers
Apr 27, 2016
Valeant Pharmaceuticals International and its pricing practices were the focus of an April 27 hearing of the Senate Special Committee on Aging.
Ecumen will ‘stay the course’ under new CEO Shelley Kendrick
By
Lois A. Bowers
Jan 10, 2019
Don’t expect extreme changes when Shelley Kendrick assumes the role of president and CEO at one of the country’s largest nonprofit senior housing and services providers, Ecumen, effective Feb. 4.
HCP closes on $866 million in acquisitions as it transforms senior housing portfolio
By
Lois A. Bowers
Aug 02, 2019
HCP continues work to transform the senior housing part of its portfolio, closing on $866 million in acquisitions in the second quarter, among other actions. The REIT’s CEO also commented on HCP’s...
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
New overtime rule could bring ‘devastating realities,’ operator says
By
Lois A. Bowers
Sep 22, 2017
One assisted living operator predicts the loss of jobs for workers and fewer housing options for Medicaid beneficiaries if the federal government greatly increases the salary threshold for overtime pay....
Don’t overlook this booming group of prospective employees
By
Lois A. Bowers
Mar 05, 2018
It only makes sense to turn to not-yet-retired baby boomers to meet some of the employment needs of senior living organizations. And at least four such organizations have committed in writing to doing...
CEOs: Staff correctly to avoid acuity-related issues
By
Lois A. Bowers
May 15, 2016
Senior living operators that have defined their target populations and maintain that focus are more likely to avoid acuity creep challenges that can lead to trouble for their companies and make a bad name...
Aegis CEO Dwayne Clark: Growth is both art and science
By
Lois A. Bowers
Apr 27, 2020
Dwayne Clark founded Aegis Living in 1997 after a career including positions at Sunrise Senior Living and Leisure Care. The company’s first community opened in 1998, and today, the Bellevue, WA-based...
Senior living parent companies form ‘game-changing’ drug company
By
Lois A. Bowers
Jan 24, 2018
Four healthcare giants — among them the parent companies of senior living community operators — have joined together to form a new nonprofit generic drug company that will aim to benefit senior living...
Long-term care struggles for COVID-19 resources speak to deeper societal issue, leaders say
By
Lois A. Bowers
May 15, 2020
Assisted living communities’ and nursing homes’ difficulty in securing personal protective equipment and testing to prevent or contain the spread of COVID-19, despite the fact that older adults are...