New sales and cost-reduction initiatives should help future performance, Capital says
By
Lois A. Bowers
May 03, 2018
Capital Senior Living saw occupancy dip in the first quarter, but new sales and marketing initiatives, as well as efforts to reduce costs through the centralization of several operating functions, should...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Joel Nelson promoted to CEO of LCS, Ed Kenny to continue as board chair
Nov 03, 2017
Joel Nelson has been promoted to CEO and president of LCS effective Jan. 1, the Des Moines, IA-based company announced Thursday. Current CEO Ed Kenny will continue in his other role as chairman of the...
Land & Buildings makes case for its Brookdale board nominee
By
Lois A. Bowers
Sep 20, 2019
Land & Buildings founder and Chief Investment Officer Jonathan Litt on Thursday expanded on the reasons he withdrew as a candidate for the Brookdale Senior Living Board of Directors and also took the opportunity...
People in the news, May 25
By
Caroline Szachnowski
May 25, 2021
Appointments and promotions at Aegis Living, AG Architecture, Belmont Village Senior Living, Edgewood Healthcare, Essex Communities, Front Porch Communities, Heritage, Legend Senior Living, Lifespace Communities,...
Tech company makes foray into home care
By
Diane Eastabrook
Jul 27, 2021
A Denver-based technology company is jumping into the personal care space. ModivCare, a tech-enabled healthcare services firm, announced Monday it’s acquiring personal care company CareFinders Total...
Industry news, Aug. 19
By
Phil Brahm
Aug 19, 2016
News about Aldersgate Healthcare, Arbor Co, Blake Management Group, Brookdale Senior Living, Buckner International, Civitas Senior Living, CR Properties, MedCore Partners, National Lutheran Communities...
Industry veterans launch new senior living firm while Transforming Age, SHAG form affiliation targeting...
By
Amy Novotney
Feb 25, 2021
Former Welbrook Senior Living executive Douglas Brawn has launched a new senior living company, Alta Senior Living. The vertically integrated senior living real estate investment, development and operations...
Sabra has $1 billion acquisition pipeline, but don’t expect big news soon
By
Lois A. Bowers
Nov 03, 2017
Sabra Health Care REIT has a $1 billion acquisition pipeline, CEO Rick Matros told participants in a third-quarter earnings call on Thursday. But don’t expect any big announcements from the real...
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...