Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Why pricing transparency in crucial in senior living
By
Lynne Moore
Apr 15, 2024
The next generation of senior consumers will be more discerning about how and where to spend their money — and in their definition of value.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
Mitigating risk of falls in senior living improves resident, community well-being
By
Kimberly Bonvissuto
Sep 27, 2023
The majority of liability claims against senior living and care settings comes from falls, so operators that don’t have protocols in place to document interventions face a host of financial, reputational,...
DHC to use $1.5 billion mixed securities shelf proceeds for acquisitions, investments
By
Kathleen Steele Gaivin
Jun 24, 2024
Diversified Healthcare Trust has filed a prospectus with the Securities and Exchange Commission related to a $1.5 billion mixed securities shelf offering and sale.
Proposed nursing home staffing mandate would hurt senior living providers ‘fishing from the same...
By
Kimberly Bonvissuto
Nov 07, 2023
CHICAGO — Even though the staffing mandate proposed by the Centers for Medicare & Medicaid Services directly would apply only to nursing homes, senior living providers as well as providers across the...
Lower cost, boost retention: How to rein in your bloated pandemic labor budget
When the pandemic hit, operators did what was necessary to keep their businesses and residents safe, raising base pay by 7.8% across all positions, including corporate salaries.
Earnings calls roundup: Omega, Ensign, RMR
By
Kathleen Steele Gaivin
Feb 06, 2023
The Ensign Group, Omega Healthcare Investors and The RMR Group held earnings calls on Friday.
Cap reached for H-2B visas as new tools are planned for H-1B visas
By
Kathleen Steele Gaivin
Jan 17, 2024
US Citizenship and Immigration Services has received enough petitions to reach the congressionally mandated cap for the additional 20,716 visas made available for returning workers for the first half of...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...