Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Ventas performs at high end of expectations in second quarter
By
Kimberly Bonvissuto
Aug 08, 2022
The business performance of Chicago-based real estate investment trust Ventas during the second quarter was at the high end of expectations, Ventas Chairman and CEO Debra Cafaro said Friday during a second-quarter...
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Occupancy and profitability recovery a mixed bag for senior living: panel
By
Kimberly Bonvissuto
Aug 04, 2022
Senior living occupancy and profitability recovery have shown mixed results since the pandemic hit, said a panel of experts during an Argentum webinar Wednesday.
Purpose-driven younger workforce pushing employers to advocate for change
By
Kimberly Bonvissuto
Aug 03, 2022
Prioritizing work / life balance, learning and development, and sustained workplace changes will be critical for employers looking to attract and retain employees from Generation Z and the millennial generation,...
Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...
Preparedness cheaper than dealing with pandemic effects, White House COVID-19 data expert says
By
Kimberly Bonvissuto
Aug 02, 2022
Long-term care provider reporting of COVID-19 cases remains an important tool in helping to guide efforts to save lives, even if pandemic fatigue has set in, a White House data expert said Monday.
Many nursing home providers using sign-on bonuses to attract, retain workers
By
Kathleen Steele Gaivin
Aug 02, 2022
With turnover up 25% this year compared with last year, many nursing home providers are using sign-on bonuses to attract and retain workers, according to survey results shared as part of the 45th annual...
Tech options in the dining room? Bot-ter believe it
By
Amy Novotney
Aug 01, 2022
COVID-19 worsened an already difficult staffing challenge, but server bots are here to lend a helping hand – and more.