Omega Healthcare Investors sees positive momentum with agency labor use down, occupancy up
By
Kimberly Bonvissuto
May 06, 2024
Omega Healthcare Investors sees positive momentum in its core portfolio of senior living communities and skilled nursing facilities as agency labor use declines and occupancy continues its steady improvement,...
Brookdale Senior Living CEO: ‘Too soon to tell’ outcome of Senate inquiry
By
Kimberly Bonvissuto
Feb 22, 2024
Brookdale Senior Living’s leader said Wednesday she is confident in the company’s priorities in the face of growing scrutiny of the industry by the lay media and policymakers.
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Pennant senior living portfolio continues rebuilding, with focus on leadership development
By
Kimberly Bonvissuto
Nov 09, 2022
Although wage pressures stifled third-quarter earnings, the Pennant Group saw notable progress on revenue and occupancy and is on track to make “significant” improvements and deliver strong results...
After ‘delivering on its commitments’ in 2023, Pennant Group continues momentum into 2024
By
Kimberly Bonvissuto
Mar 01, 2024
Strong fourth-quarter 2023 results capped off a year of persistent progress and steady growth for the Pennant Group, according to CEO Brent Guerisoli, who on Thursday said the company delivered on its...
New York launches its first ‘master plan for aging’
By
Kimberly Bonvissuto
Nov 08, 2022
Building healthy, livable communities that provide opportunities for older adults to thrive is the goal of New York state’s first master plan for aging, adopted Friday.
‘Living Lab’ will embed researchers with senior living residents to study wellness initiatives
By
Kimberly Bonvissuto
Jul 25, 2022
A “Living Lab” within a California senior living community will embed researchers with residents to more easily launch initiatives to study health, well-being and longevity.
Court upholds arbitration agreement in assisted living resident’s wrongful death lawsuit
By
Kimberly Bonvissuto
Feb 21, 2024
The family of an assisted living resident who filed a wrongful death lawsuit is bound by an arbitration agreement signed when the resident moved into the community, the Tennessee Supreme Court has rule.
Operator sued by former executive for retaliation, hostile work environment
By
Kimberly Bonvissuto
Apr 19, 2023
A New Jersey-based senior living and skilled nursing operator is being accused of retaliation and fostering a hostile work environment by a former executive who claims she was fired after complaining about...
New law creates oversight of staffing agencies but doesn’t protect against ‘price-gouging’
By
Kimberly Bonvissuto
Nov 07, 2022
A new law in Pennsylvania will create oversight and accountability for long-term care staffing agencies, but it does not address the rates they charge.