ASHA report: Focus on camaraderie, food to win over residents and their families
By
Lois A. Bowers
Apr 30, 2019
Assisted living operators looking to improve residents’ perceptions of their communities should focus on improving the sense of camaraderie there, according to a new report released by the American Seniors...
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Stamford, CT-based Land & Buildings has withdrawn the name of its founder and chief investment officer, Jonathan Litt, as a nominee for the Brookdale Senior Living Board of Directors.
Updated: CMS proposes mandatory quality measures, other changes to HCBS program
By
Lois A. Bowers
Apr 27, 2023
Some quality measures for home- and community-based services would become mandatory under a proposed rule announced Thursday by the Centers for Medicare & Medicaid Services. Several other changes related...
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
People in the news, Oct. 2
Oct 02, 2018
Appointments, promotions and honors at Cadence Living, Harbor Retirement Communities, HHHunt, SCAN Health Plan, The Springs at Monarch Landing, Tutera Senior Living & Health Care and Watercrest Senior...
Sunrise Senior Living to exit 46 UK communities, focus on North America
By
Lois A. Bowers
Jul 20, 2021
McLean, VA-based Sunrise Senior Living will exit as manager of 46 communities in the United Kingdom that operate under the Sunrise and Gracewell Healthcare brands as it focuses on its communities in the...
Pay and benefit information sought for assisted living report
By
Lois A. Bowers
Nov 17, 2017
Assisted living communities have until Dec. 4 to submit management salary, nonmanagement wage and fringe benefit information to the Hospital & Healthcare Compensation Service for its Assisted Living/Personal...
Rent increase, acquisitions up revenue, income despite occupancy decline at Ensign
By
Lois A. Bowers
Aug 06, 2018
Revenue and income were up in Ensign Group’s assisted living and independent living services segment in the second quarter compared with the same quarter of 2017, as acquisitions and rent increases...
LTC Properties is ‘firmly in the triple-net camp,’ CEO says
By
Lois A. Bowers
Aug 13, 2018
LTC Properties is offering financing options beyond triple-net leases to meet the expectations of senior living operators, but when it comes to triple-net leases versus the RIDEA structures that some peers...
Fannie Mae, Freddie Mac re-enter LIHTC market
By
Lois A. Bowers
Nov 28, 2017
The Federal Housing Finance Agency has granted Fannie Mae and Freddie Mac limited re-entry into the Low Income Housing Tax Credit market as equity investors.