On-site care, data and Dr. Bill Thomas: Lifesprk’s CEO talks about the company’s $30 million tech...
By
Lois A. Bowers
Jun 01, 2021
Minneapolis-based Lifesprk recently acquired 35 Tealwood Senior Living communities, bringing them under Lifesprk Senior Living. Lifesprk CEO Joel Theisen recently shared with McKnight’s Senior Living...
Worker shortage leads to move-in freezes, visitation limits at some long-term facilities
By
Kathleen Steele Gaivin
Jun 01, 2021
Pandemic burnout coupled with competition from government unemployment benefits are being linked to staffing shortages across the country. In long-term care, the employee shortage is a top concern after...
Providers seek $450 million from PA stimulus funds to cover pandemic costs
By
Kimberly Bonvissuto
May 26, 2021
Senior living associations in Pennsylvania are lobbying legislators for $54 million for assisted living and personal care providers from the American Rescue Plan stimulus funding to the state. The ask...
Business briefs, May 25
By
Kathleen Steele Gaivin
May 25, 2021
Missouri lawmakers hurt long-term care by failing to approve Medicaid provider tax, tying anti-abortion add-on to legislation … Software company, web-based referral service launch platform to monitor,...
CCRC’s nearly $1 million settlement approved in biometric privacy lawsuit
By
Kimberly Bonvissuto
May 18, 2021
A federal court judge has approved a nearly $1 million biometric privacy lawsuit settlement, ending a proposed class action lawsuit against Lifespace Communities over its fingerprint time clock system.
InnovAge grows members, centers in latest quarter as ModivCare weathers pandemic with personal care acquisition
By
Liza Berger
May 14, 2021
InnovAge, a new publicly traded company that contracts with Medicare and Medicaid through the Program for All-Inclusive Care for the Elderly (PACE), experienced signs of pandemic recovery in the fiscal...
State of senior living reveals resilience, opportunity, strength
By
Kimberly Bonvissuto
May 12, 2021
Opportunity called, and it’s time for change. Tom Meyers, senior managing director of specialty investment bank Ziegler, used that phrase during a “State of Senior Living 2021” webinar Tuesday with...
Confluence of COVID-19, winter storms led to ‘historic, unique’ quarter: Pennant Group
By
Kimberly Bonvissuto
May 10, 2021
The confluence of COVID-19 cases peaking in January across the country and a severe winter storm in Texas during the first quarter had a noticeable effect on The Pennant Group’s senior living segment....
Brookdale set to close on sale of home health, hospice business in second half of 2021
By
Liza Berger
May 10, 2021
Brookdale Senior Living is on track to close on the sale of 80% of its healthcare services division, which encompasses home health and hospice, in the early second half of this year to HCA Healthcare Inc.,...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.