Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
New York launches its first ‘master plan for aging’
By
Kimberly Bonvissuto
Nov 08, 2022
Building healthy, livable communities that provide opportunities for older adults to thrive is the goal of New York state’s first master plan for aging, adopted Friday.
Court upholds arbitration agreement in assisted living resident’s wrongful death lawsuit
By
Kimberly Bonvissuto
Feb 21, 2024
The family of an assisted living resident who filed a wrongful death lawsuit is bound by an arbitration agreement signed when the resident moved into the community, the Tennessee Supreme Court has rule.
Operator sued by former executive for retaliation, hostile work environment
By
Kimberly Bonvissuto
Apr 19, 2023
A New Jersey-based senior living and skilled nursing operator is being accused of retaliation and fostering a hostile work environment by a former executive who claims she was fired after complaining about...
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
New law creates oversight of staffing agencies but doesn’t protect against ‘price-gouging’
By
Kimberly Bonvissuto
Nov 07, 2022
A new law in Pennsylvania will create oversight and accountability for long-term care staffing agencies, but it does not address the rates they charge.
NHI performance better than expected thanks to record rent repayments, occupancy gains
By
Kimberly Bonvissuto
Nov 09, 2023
National Health Investors’ third-quarter results exceeded its expectations, due to strong rent collections, record repayment of rent deferrals and no unexpected rent concessions for operators, according...
Brookdale continues occupancy momentum in post-COVID era
By
Kimberly Bonvissuto
Dec 11, 2023
Brookdale Senior Living reported its 25th consecutive month of year-over-year weighted average occupancy growth in an update released Friday.
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Deals continue for CareTrust REIT
By
Kimberly Bonvissuto
May 12, 2023
2023 is off to an “exciting start” for CareTrust REIT, with new investments, a “robust” acquisition pipeline and new operators rounding out its portfolio, executives said Thursday.