Innovations may encourage retirement saving, committee hears
By
Lois A. Bowers
Jun 15, 2016
New apps and programs might encourage people to save more money for their needs in retirement and improve their financial literacy, said speakers at Wednesday’s hearing of the Senate Special Committee...
Assisted living tab for generators in Florida will be $280 million, officials say
By
Lois A. Bowers
Nov 30, 2017
A proposed rule requiring the 3,111 assisted living communities in Florida to install generators will cost operators more than $280 million, the state Department of Elder Affairs said Wednesday.
LeadingAge Florida files legal challenge to ‘impractical’ generator rule
By
Lois A. Bowers
Sep 28, 2017
LeadingAge Florida on Tuesday filed a legal challenge to Gov. Rick Scott’s Sept. 16 emergency rule giving assisted living communities and nursing homes in the state 60 days to obtain generators and...
4 strategies Brookdale is using to combat new competition
By
Lois A. Bowers
Aug 08, 2017
The opening of new communities near Brookdale Senior Living properties challenged the country’s largest senior living operator in the second quarter, President and CEO Andy Smith told participants...
Housing is ‘lynchpin to aging well,’ hearing witness tells Aging Committee
By
Lois A. Bowers
May 17, 2017
If the United States wants to become more age-friendly, it must do a better job of addressing the affordable housing needs of older Americans, a witness told members of the Senate Special Committee on...
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
Aegis Living gambles on uncommon perk to foster employee loyalty
By
Lois A. Bowers
Apr 03, 2017
Eight employees of Aegis Living are going to be especially happy Wednesday afternoon. That’s the day their Redmond, WA-based employer is announcing the winners of its Dream Big Lottery. Last year’s...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Analysis: Affordable senior housing becoming harder to find
By
Lois A. Bowers
Feb 02, 2016
A new analysis finding that it is becoming more difficult for older adults to afford housing has been released just as HUD announces a proposed rule and the U.S. House of Representatives unanimously passes...
Brookdale asks court to reconsider False Claims Act ruling, and two ‘friends’ file briefs...
By
Lois A. Bowers
Jul 05, 2018
Brookdale Senior Living is asking the full 6th Circuit Court of Appeals to review a June 11 ruling by a three-judge panel of the court that revived a False Claims Act case against the company that originated...