Sonida CEO optimistic about future after ‘transformational’ year
By
Kimberly Bonvissuto
Mar 28, 2024
2023 was a “transformational” year for Dallas-based Sonida Senior Living, and it paved the way for growth in 2024 and beyond, President and CEO Brandon Ribar said Wednesday during the company’s...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Fostering respect and appreciation seen as keys to retaining direct care workers
By
Kimberly Bonvissuto
Mar 27, 2024
Expressions of appreciation and respect can go a long way in addressing senior living’s direct care workforce crisis, according to a panel of direct workers and employers who addressed what makes employees...
Senior living and care represented among EPA’s 2024 Energy Star winners
By
Kathleen Steele Gaivin
Mar 27, 2024
Several companies operating in, investing or operating in senior living and care are 2024 Energy Star winners, according to an announcement Tuesday by the Environmental Protection Agency. The winners will...
Seniors don’t want AI caregivers; but tech giants are betting on them anyway, reports show
By
Aaron Dorman
Mar 26, 2024
As one company launches a new “AI healthcare agent,” investors believe virtual caregivers can fill staffing shortages in LTC.
Arizona AG asks court to seize control of state’s ‘most notorious assisted living facility’
By
Kimberly Bonvissuto
Mar 26, 2024
Arizona’s top attorney is asking a court to seize control of “the most notorious assisted living facility in Arizona” amidst allegations of elder abuse and consumer fraud.
People in the news, March 26
Mar 26, 2024
Appointments, promotions and other news at AARP, Edgemere, Health Dimensions Group, Massachusetts Assisted Living Association, and Watermark Retirement Communities.
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
Old age against the machine: Experts offer some robo-pessimism over prospect of more bots in LTC
By
Aaron Dorman
Mar 25, 2024
Despite stories that senior living and care robots are proliferating, the promise of such technology has been overstated, according to a new report.
Hello Heart, goodbye blood pressure? Mobile app monitoring has ‘overwhelming’ benefit for seniors:...
By
Aaron Dorman
Mar 25, 2024
A smartphone app, Hello Heart, has shown overwhelming promise in being able to reduce blood pressure among seniors, a new report showed.