‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
‘Most favorable fundamentals ever’ in senior living tee up ‘unprecedented’ growth opportunities:...
By
Kimberly Bonvissuto
Aug 05, 2024
The “most favorable fundamentals ever” in the senior living industry are setting up Ventas for an “unprecedented” multi-year growth opportunity fueled by demographic demand, Chairman and CEO Debra...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
Holiday, Brookdale among those battling Harvey
By
Lois A. Bowers
Aug 29, 2017
A photo from a Texas assisted living community became a social media sensation on Sunday, sending visual confirmation of the destruction that Hurricane/Tropical Storm Harvey brought to the Lone Star State...
Next Brookdale CEO talks turnaround after company rejects takeover bid
By
Lois A. Bowers
Feb 23, 2018
As Lucinda “Cindy” Baier prepares to lead Brookdale Senior Living, the company’s short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative...
Senior living wages finally stabilizing across core clinical roles: expert
By
Kimberly Bonvissuto
Aug 06, 2024
For the first time in at least three years, wage growth is stabilizing across the core clinical roles in senior living, according to one expert.
Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
People in the news, Dec. 6
Dec 06, 2022
Appointments, promotions and other news at Arden 55+ Living, ATI Advisory, Ecore International, EmpowerMe Wellness, Georgia Health Care Association, HMP Senior Solutions, Lutheran Services in America,...
Infrastructure, data analytics popular tech investments among long-term care providers
By
Lois A. Bowers
Jul 26, 2024
Infrastructure for internet connectivity was the most common technology investment made over the past year by long-term care operators responding to a new survey, and data analytics tools were the most...