Senior living community for football players now set to open in 2020
By
Lois A. Bowers
Sep 05, 2017
As the regular National Football League season gets underway, the Pro Football Hall of Fame has announced that its 143-bed senior living community for retired professional football players should be complete...
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
Entrepreneur tests walker as temporary senior living resident
By
Lois A. Bowers
Feb 08, 2017
The founder and CEO of a durable medical equipment manufacturer and distributor specializing in mobility aids is spending several days as a resident of a senior living community to test the usefulness...
Two more sentenced in American Senior Communities fraud scheme
By
Lois A. Bowers
Jul 10, 2018
Two more defendants were sentenced Monday for their roles in a $19.4 million fraud, kickback and money-laundering scheme that previously led to prison terms for two former American Senior Communities executives.
How communities are addressing staff turnover, vacancies
By
Lois A. Bowers
Jan 26, 2016
A new report shares the actions being taken by assisted living communities to recruit and retain staff. Some positions provide more of a challenge than others.
Sabra to buy 49% stake in $1.62 billion Enlivant portfolio
By
Lois A. Bowers
Sep 20, 2017
Sabra Health Care REIT will acquire a 49% equity interest in a $1.62 billion portfolio of 183 senior housing communities managed by Enlivant, the companies announced Tuesday.
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
Capital Senior Living makes changes to address move-ins, move-outs
By
Lois A. Bowers
May 10, 2019
Early results look promising with Capital Senior Living’s shift to compensating its sales professionals based on their meeting revenue targets rather than move-in goals, President and CEO Kimberly S....