Scaled down HEROES Act relief bill maintains key provisions for senior living
By
Kimberly Bonvissuto
Oct 01, 2020
An updated version of the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act released Monday by House Democrats in an effort to restart negotiations maintains some key provisions that...
Long-term care workforce shortages worst in all of healthcare, provider groups say as Senate committee...
By
Kimberly Bonvissuto
Feb 17, 2023
Healthcare workforce shortages were front and center at Thursday’s Senate Health, Education, Labor and Pensions Committee hearing, and senior living industry advocates made their voices heard.
Coronavirus protocols, leverage position Brookdale for long-term growth
By
Kimberly Bonvissuto
Feb 26, 2021
Implementing protocols to protect residents and associates during the pandemic, and an agreement to sell a majority stake in its home health and hospice business, sets Brookdale Senior Living up for long-term...
Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Brookdale expects COVID-19 expenses to reach $50 million for quarter, CEO says
By
Kimberly Bonvissuto
Jun 04, 2020
When it comes to COVID-19, Brookdale President and CEO Lucinda “Cindy” Baier said, shareholders and potential investors typically want to hear about four areas: protocols and progress on COVID-19 testing...
Calling the fire department for a lift assist? Get ready to be billed
By
Kimberly Bonvissuto
Mar 07, 2024
In cities and states across the country, assisted living communities and nursing homes that call their local fire departments for lift assist services increasingly are being told to pay up, and sometimes...
Brookdale takes ‘next step’ in pandemic in mandating staff vaccination: CEO
By
Kimberly Bonvissuto
Aug 06, 2021
Brookdale Senior Living President and CEO Lucinda “Cindy” Baier announced a COVID-19 vaccination mandate for its approximately 35,000 workers during today’s second-quarter earnings call,...
Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...