Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Labor management, rate increases help drive 6th consecutive quarter of growth for Sonida
By
Kimberly Bonvissuto
Nov 15, 2022
The senior living operating environment continues to be challenged, but Sonida Senior Living executives attribute the company’s sixth consecutive quarter of occupancy and revenue growth to an increased...
Senior living CEOs part of group of 2,000 committing to workplace diversity, inclusion
By
Kimberly Bonvissuto
May 21, 2021
Argentum pledged Thursday to create and implement diversity and inclusion programs in its organization, joining a CEO-led initiative that includes other senior living providers and associated companies...
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.
Pandemic presents ‘uncertain’ road to recovery, but effects are temporary: NHI
By
Kimberly Bonvissuto
Feb 24, 2021
With an “uncertain” road to recovery, National Health Investors President and CEO Eric Mendelsohn said during Tuesday’s fourth-quarter and year-end earnings call that he sees the challenges presented...
Move-ins, operating margins increase for senior living operators: NIC survey
By
Kimberly Bonvissuto
Oct 15, 2021
Senior living move-ins accelerated in the past 30 days due to increased demand, leading to an expectation of an increase in operating margins on the horizon, according to the results of the latest NIC...
OSHA’s COVID-19-related standards ‘burdensome,’ ‘duplicative,’ senior living execs say
By
Kimberly Bonvissuto
Aug 23, 2021
New federal workplace safety rules, although well-intentioned, are burdensome and do not account for frequently changing guidance from other agencies, according to senior living association executives....
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
Employee handbook language makes senior living provider’s arbitration policy ‘unenforceable,’ court...
By
Kimberly Bonvissuto
Jul 31, 2023
A senior living provider’s employee arbitration agreement is “unenforceable” because the company reserved the right to unilaterally alter the policy without advance notice, a court has ruled.
Federal final rule drops bring cries of ‘flawed,’ ‘aggressive,’ ‘dramatic’ from senior living...
By
Kimberly Bonvissuto
Apr 25, 2024
Late April brought a shower of regulatory changes as the federal government dropped four major final rules this week that the senior living and care industry is calling “flawed,” “aggressive” and...