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...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
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 living wages competitive against other healthcare sectors: NIC
By
Kimberly Bonvissuto
Jul 26, 2022
The senior living industry employed more personal care aides than skilled nursing in 2021 and paid competitive wages that came close to the national hourly average, according to a new analysis of jobs...
Leaders identify funding sources for senior living wellness model
By
Kimberly Bonvissuto
Jul 22, 2022
Senior living operators looking for ways to pay for an increased presence of wellness programming in their communities have several options, concluded a think tank of senior living leaders who attended...
Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...
Pandemic was ‘ignition switch’ to underscore quality-of-life issues for residents, staff: experts
By
Kimberly Bonvissuto
Jul 20, 2022
Indoor air quality is one of the most significant factors in creating a healthy environment in senior living communities and skilled nursing facilities, according to panelists who spoke during a McKnight’s...
Senior living investors anticipate rising cap rates over next year, survey shows
By
Kathleen Steele Gaivin
Jul 20, 2022
More than 71% of investors expect rising interest rates and other pressures to push capitalization rates up over the next 12 months. That’s according to respondents in the ninth annual Wealth Management...
Brookdale, Sonida CEOs: Embracing change is vital for senior living leaders
By
Kathleen Steele Gaivin
Jul 14, 2022
Effective leaders have a “toolbox” of fortitude and humility to draw upon to help them navigate changes that arise, senior living executives said during Wednesday’s leadership huddle hosted by the...