Former senior living executive to repay $74 million to defrauded investors
By
Kimberly Bonvissuto
Oct 31, 2023
A former senior living executive, whose prison sentence for fraud was commuted by former President Trump as he left office, still must repay more than $74 million in restitution to his more than 1,400...
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
Senior living nurse job satisfaction heavily influenced by culture, leadership: MIT report
By
Kimberly Bonvissuto
Oct 19, 2023
Job dissatisfaction and burnout among nurses is fueled by “out of touch” managers and “disconnected” senior executive leadership, according to a new report from the Massachusetts Institute of Technology.
Proposed nursing home staffing mandate would hurt senior living providers ‘fishing from the same...
By
Kimberly Bonvissuto
Nov 07, 2023
CHICAGO — Even though the staffing mandate proposed by the Centers for Medicare & Medicaid Services directly would apply only to nursing homes, senior living providers as well as providers across the...
Expect increased inspections, regulations from OSHA in 2023: panel
By
Kimberly Bonvissuto
Mar 01, 2023
Wondering what to expect from the federal government’s workplace safety watchdog this year? Think more regulation and executive action, less legislation.
Federal efforts to strengthen care economy fall short for senior living, advocates say
By
Kimberly Bonvissuto
Apr 19, 2023
President Biden’s executive order on strengthening the care economy, although well-intentioned, does not offer adequate solutions for long-term care in part because it does not support assisted living...
Proposed law would impose federal reporting requirements on assisted living providers
By
Kimberly Bonvissuto
Feb 27, 2024
The recent closure of a large skilled nursing facility in Missouri has led to a bill that proposes minimum staffing levels for assisted living communities and a requirement that assisted living providers...
DEIB efforts not only the ‘right thing to do’ — they also feed into healthy bottom line
By
Kimberly Bonvissuto
Oct 24, 2023
CHICAGO — Creating a diverse, equitable and inclusive workplace where employees have a sense of belonging isn’t just the right thing to do; it’s also good for the bottom line.
Restructuring drives efficiencies, occupancy gains in third quarter, AlerisLife CEO says
By
Kimberly Bonvissuto
Nov 04, 2022
Continuing progress on a restructuring plan to make the company more efficient resulted in occupancy gains that were the largest in recent years in the third quarter, AlerisLife President and CEO Jeff...
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...