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...
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
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...
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”...
‘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...
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.
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...
Philanthropy as a tool to unite senior living communities during the pandemic
By
Walker Konkle
Apr 25, 2022
Although the long-term effects of the pandemic are still unfolding, we can rest assured that our communities are stronger today because of the way we pulled together when it mattered most. May that never...
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...