Ventas: Senior living growth and recovery ‘in full swing’
By
Kimberly Bonvissuto
Nov 06, 2023
A strong third quarter was the result of actions taken to drive performance, combined with powerful demand in the senior living market, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
Amazon Pharmacy expands drone delivery service to prescription medications
By
Kimberly Bonvissuto
Oct 20, 2023
Older adults in one Texas town looking to simplify their medication management might be able to have prescriptions delivered via drone.
Governor vetoes bill that would have increased affordable senior housing access
By
Kimberly Bonvissuto
Oct 17, 2023
A bill that would have increased California’s goal for development of affordable senior housing has been struck down by the governor.
Government shutdown could derail momentum of legislation benefiting senior living
By
Kimberly Bonvissuto
Sep 28, 2023
A government shutdown would suspend a wide range of government programs, furlough federal workers and freeze momentum on several legislative priorities supported by the senior living industry.
Diversified Healthcare Trust announces personnel changes as it considers next steps in wake of failed...
By
Kimberly Bonvissuto
Sep 28, 2023
Diversified Healthcare Trust, or DHC, has announced changes to its board and executive leadership team, and has enlisted the services of a financial adviser, as it seeks solutions to its financial needs...
As feds claw back PRF payments, assisted living frustrated it ‘lost out’ over mismanagement
By
Kimberly Bonvissuto
Sep 25, 2023
As the federal government continues to claw back misappropriated and unused COVID-19 relief funds, senior living industry advocates remain frustrated that assisted living providers “lost out” on this...
Low wages, part-time work remain barriers to direct care workforce pipeline
By
Kimberly Bonvissuto
Sep 13, 2023
Not much has changed in a year for the direct care workforce, according to a new PHI research report, released Tuesday
Brookdale Senior Living sees 22 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Sep 13, 2023
August brought the highest number of move-ins in the past five years, fueling 22 consecutive months of year-over-year weighted occupancy growth for Brookdale Senior Living, according to an August occupancy...