Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...
$35 million ‘whistleblower’ lawsuit dropped against Brookdale Senior Living
By
Lois A. Bowers
Oct 07, 2019
A former utilization review nurse at Brookdale Senior Living who claimed the country’s largest senior living company fraudulently billed the Medicare program for $35 million dropped her lawsuit on Monday.
Activist investor withdraws name from Brookdale board consideration
By
Lois A. Bowers
Sep 17, 2019
Stamford, CT-based Land & Buildings has withdrawn the name of its founder and chief investment officer, Jonathan Litt, as a nominee for the Brookdale Senior Living Board of Directors.
Report: Brookdale in talks to be acquired by Chinese firm for $3 billion
By
Lois A. Bowers
Jun 14, 2017
Brookdale Senior Living is in negotiations to be acquired for $3 billion by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd., Reuters reported Tuesday, citing “people...
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...
Brookdale takes legal action against former workers, competitor
By
Lois A. Bowers
Nov 02, 2016
Brookdale Senior Living is taking legal action against several former workers and their current employer over possible illegal actions that are affecting the company’s bottom line.
Court revives $35 million False Claims Act lawsuit against Brookdale
By
Lois A. Bowers
Jun 12, 2018
The 6th Circuit Court of Appeals on Monday reversed a federal court’s dismissal of a “whistleblower” lawsuit brought by a former Brookdale Senior Living employee who accused the company...
Brookdale’s $4 billion acquisition on hold: report
By
Lois A. Bowers
Aug 07, 2017
Brookdale Senior Living’s talks to be acquired by Beijing-based Zhonghong Zhuoye Group Co. Ltd. have stalled because Chinese regulatory officials are more carefully scrutinizing overseas investments...
Lack of medication leads to death of resident with dementia, lawsuit maintains
By
Lois A. Bowers
Apr 30, 2017
Staff members at a Florida senior living community failed to give medication to a resident with Alzheimer’s disease for eight days, which ultimately led to her death, the woman’s daughter maintains...