Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
DOJ: $450,000 settlement a reminder that senior living communities must be accessible
By
Lois A. Bowers
Oct 03, 2022
A $450,000 settlement with an architectural firm that designs senior living communities should remind developers and architects of such properties that they must comply with federal laws that require the...
New law toughens background checks, requirements for assisted living facility certificates
By
Lois A. Bowers
Mar 22, 2022
A new law in Arizona is meant to strengthen background checks for those applying for assisted living facility certificates or nursing care administrator licenses through the state’s Board of Nursing...
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
HHS OIG: Many long-term care facilities requiring negative COVID-19 tests before accepting hospital discharges
By
Lois A. Bowers
Apr 07, 2020
With cases of COVID-19 increasing in many areas around the country, “many” hospitals are reporting difficulty in discharging patients to skilled nursing facilities or “facilities with lower-level...
1 death, 2 injuries, 1 resident suspect in senior housing fire and shooting
By
Lois A. Bowers
Jun 26, 2018
One resident has been arrested and another has been hospitalized, and one firefighter has died and another has been released from the hospital, after an explosion, fire and shooting Monday at a California...
CCRC didn’t enforce no-smoking policy, so four died in fire, lawsuit says
By
Lois A. Bowers
Jun 15, 2018
The daughter of a husband and wife who died in the five-alarm fire at Barclay Friends in November filed a civil lawsuit against the West Chester, PA, continuing care retirement community on Tuesday, claiming...
Activist investor ‘closely monitoring’ Brookdale’s strategic review process
By
Lois A. Bowers
Feb 20, 2018
Land & Buildings will be “closely monitoring” the progress that Brookdale Senior Living is making on its efforts to sell some or all of its assets, activist shareholder Jonathan Litt, founder...
Good Samaritan explores merger in era of ‘unprecedented change’
By
Lois A. Bowers
Jan 23, 2018
One of the country’s largest senior living operators may be on the verge of getting even bigger in an effort to meet the challenges of an era of “unprecedented change” in healthcare.