Rent increase, acquisitions up revenue, income despite occupancy decline at Ensign
By
Lois A. Bowers
Aug 06, 2018
Revenue and income were up in Ensign Group’s assisted living and independent living services segment in the second quarter compared with the same quarter of 2017, as acquisitions and rent increases...
Worker freedom or rigged system? Groups weigh in on Supreme Court union decision
By
Lois A. Bowers
Jun 28, 2018
Wednesday’s U.S. Supreme Court decision that unions can’t collect fees from nonunion employees without their explicit consent is either “a long-awaited victory for worker freedom”...
Ensign Group in ‘very selective’ acquisition mode
By
Lois A. Bowers
May 04, 2018
The Ensign Group is actively seeking acquisitions but is growing by being “very selective with each potential acquisition opportunity,” executives said Thursday during the organization’s...
Succession planning urgent need in senior living, survey suggests
By
Lois A. Bowers
Apr 12, 2018
Seventy-three percent of senior living CEOs whose organizations were represented in a recent survey by Ziegler could be retiring within the next 10 years, according to survey results. Sixty-five percent...
HHS OIG delays reports on assisted living, personal care
By
Lois A. Bowers
Dec 07, 2020
The Department of Health and Human Services Office of Inspector General has delayed the publication of previously announced reports on assisted living and personal care services.
LTC Properties makes portfolio adjustments involving several operators
By
Lois A. Bowers
Mar 04, 2019
LTC Properties executives updated shareholders, analysts and others on the status of several troubled or formerly troubled operators in its portfolio — Thrive Senior Living, Frontier Management, Anthem...
FDA warns 17 companies illegally selling products for Alzheimer’s, Parkinson’s
By
Lois A. Bowers
Feb 12, 2019
Seventeen companies are illegally selling a total of 58 products they say can prevent, treat or cure Alzheimer’s disease, Parkinson’s disease or other health conditions, the U.S. Food and Drug Administration...
New crowdsourcing site aims to help older adults decide where to retire
By
Lois A. Bowers
Jan 22, 2019
A new website aims to help older adults determine where to live in retirement through user-contributed reviews and other content, and it has the backing of a major senior living operator.
LTC investigates market, operator issues in quest for occupancy answers
By
Lois A. Bowers
Nov 07, 2018
LTC Properties is trying to determine whether market or operator issues are negatively affecting occupancy at the Thrive communities in its portfolio, executives said Tuesday on the real estate investment...
‘We’ve got to stay vigilant’: Argentum CEO discusses importance of policymaker, consumer education
By
Lois A. Bowers
Sep 20, 2021
Educating policymakers and consumers can help the senior living industry keep regulation at the state level and ensure that prospective residents and their families understand the benefits of senior living,...