Capital spending at continuing care retirement / life plan communities is at its highest level since 2008, according to a new report by Fitch Ratings.
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...
Labor expert: Creativity, more than money, could attract workers to home care
By
Diane Eastabrook
Jun 22, 2021
Home care agencies need to get creative and stand out from the crowd if they want to attract workers, according to Mark McInerney, director of Maine’s Center for Workforce Research and Information.
Brookdale CEO envisions a smaller company
By
Lois A. Bowers
Jun 06, 2018
The country’s largest senior living operator could reduce the number of communities in its portfolio by 20% over the next two or three years, Brookdale President and CEO Lucinda “Cindy”...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.
Assisted living costs stabilize while home care costs ‘skyrocket,’ survey finds
By
Lois A. Bowers
Oct 17, 2019
Charges for assisted living and skilled nursing have stabilized over the past year, whereas charges for home care rose the most quickly among categories measured by Genworth’s 2019 Cost of Care Survey,...
‘Time to move on’ from healthcare reform, or is it?
By
Lois A. Bowers
Jul 30, 2017
Provider groups applauded Friday’s early-morning failure of the Senate’s effort to repeal and replace the Affordable Care Act. Some in the federal government, however, later suggested that...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
Chicago Methodist, Bickford earn Gold in McKnight’s Technology Awards
By
Lois A. Bowers
Oct 04, 2018
Communities that use a virtual reality staff training program and a unified nurse call and wander management system are the Gold winners of the Innovator of the Year and Safety categories, respectively,...
Some senior living operators may find Medicaid payment expansion tempting
By
John O'Connor
Nov 28, 2018
Senior living operators have historically not been involved in psychiatric care. But that soon could change. The reason: A recent Medicaid coverage expansion could lead to new business opportunities, a...