HCP playing ‘long game,’ expects improved finances in 2019, leaders say
By
Lois A. Bowers
Feb 15, 2019
Senior housing will continue to provide challenges for HCP in 2019, but the real estate investment trust’s portfolio will start to see sequential improvement in net operating income, executives predicted...
Senior living must boost consumer confidence after pandemic: senior living community exec
By
Kathleen Steele Gaivin
Jun 21, 2021
Senior living operators must look at ways to boost consumer confidence after months of declining occupancy during the pandemic, according to Ken Segarnick, chief corporate officer at New Jersey-based Brandywine...
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Operator joins national immunization pilot program to prevent disease, improve care, reduce costs
By
Kimberly Bonvissuto
Jul 29, 2022
Improving the care experience in senior living and other long-term care settings by improving care quality while reducing costs is the goal of one senior living organization participating in a federal...
AL supply up, SNFs in decline
By
Tim Mullaney
Aug 01, 2014
Nursing home inventory is continuing its slow but steady downward trajectory, according to quarterly data released in July by the National Investment Center for the Seniors Housing & Care Industry.
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
New Senior ‘taking a hard look’ at underperforming assisted living / memory care communities, CEO...
By
Lois A. Bowers
Nov 02, 2018
New Senior Investment Group is “taking a hard look” at its assisted living / memory care communities, which are “weighing down” growth in overall portfolio net operating income and occupancy, CEO...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...