First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say
By
Kimberly Bonvissuto
May 13, 2024
Sonida Senior Living ended the first quarter with significant momentum toward its growth goals and swiftly moved into growth mode in the second quarter, providing a “clear line of sight” into further...
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
Occupancy sees 10th consecutive quarterly increase on way to expected return to pre-pandemic levels this...
By
Kimberly Bonvissuto
Jan 12, 2024
Senior living occupancy rates increased for the 10th consecutive quarter in the fourth quarter of 2023 and remain on track to return to pre-pandemic levels in the second half of this year, according to...
Senior living a significant portion of 4Q healthcare bankruptcies: report
By
Kimberly Bonvissuto
Feb 23, 2022
Senior living-focused organizations, independent and assisted living communities, and skilled nursing facilities made up a significant portion of healthcare bankruptcy filings in the fourth quarter of...
Pennant starts leadership reorganization with search for CFO
By
Kimberly Bonvissuto
Nov 17, 2022
The Pennant Group announced a reorganization of its executive team on Tuesday, starting with a search for a new chief financial officer.
Affordability tops retirement community wish list for older adults, operators
By
Kimberly Bonvissuto
Oct 13, 2023
Inflation isn’t just hitting prospective senior living residents looking for the best value in a retirement community. It’s also hitting operators, leaving fewer options available.
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Provider groups oppose Graham-Cassidy bill to repeal ACA
By
Lois A. Bowers
Sep 20, 2017
Two national organizations representing senior living operators came out against the Graham-Cassidy bill Tuesday. The legislation, which is expected to be voted on next week in the Senate, would repeal...
HomeCare.com CEO predicts rapid change ahead for home care industry
By
Diane Eastabrook
Jun 15, 2021
Caregivers are in the driver’s seat and will be for years to come. That’s the message from HomeCare.com CEO Todd Walrath.