Lifespace Communities aims to get, keep employees with double-digit percentage wage increases
By
Kathleen Steele Gaivin
Dec 02, 2021
With an eye toward recruitment and retention, and maybe even luring some previous employees back, Dallas and West Des Moines, IA-based Lifespace Communities is investing $17 million into wage increases,...
NCAL updates member targets for turnover, antipsychotic use and more
By
Lois A. Bowers
Mar 15, 2018
The National Center for Assisted Living has released updated targets for the four focus areas of its Quality Initiative.
Don’t overlook this booming group of prospective employees
By
Lois A. Bowers
Mar 05, 2018
It only makes sense to turn to not-yet-retired baby boomers to meet some of the employment needs of senior living organizations. And at least four such organizations have committed in writing to doing...
Memory care’s dynamics make it an attractive senior housing investment prospect: NIC
By
Kimberly Bonvissuto
Jun 20, 2023
Increasing demand, combined with notable pandemic recovery, make memory care an attractive prospect for investors, but senior housing stakeholders looking to capitalize on the trend need to understand...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Genesis announces restructuring, voluntarily delists from NYSE
By
Amy Novotney
Mar 04, 2021
Genesis HealthCare will institute a three-part plan to improve its financial metrics and cut debt by $236 million, the company announced Wednesday. The plan includes a voluntary delisting from the New...
MedPAC recommendations: Change MA benchmark policy, operate fewer alternative payment models
By
Liza Berger
Jun 16, 2021
The Medicare Payment Advisory Commission (MedPAC) issued a report Tuesday that advises Congress to change the benchmark policy for the growing Medicare Advantage (MA) program. It also recommended that...
Welltower makes ‘transformational strides’ in ESG initiatives: report
By
Kathleen Steele Gaivin
Jul 21, 2023
Toledo, OH-based Welltower experienced a year of “significant achievement” across many environmental, social and governance categories, according to the real estate investment trust’s annual ESG...
Low cost of living, amenities enticing retirees to look south
By
Kimberly Bonvissuto
Oct 12, 2022
Using a variety of sources to cultivate a list of places that offer retirees the most bang for the buck, Finance Buzz settled on Amarillo, TX, as tops on its list of 10 best retirement cities in the South.
Pennant Group ready for ‘modest’ growth in senior living acquisitions
By
Lois A. Bowers
Aug 10, 2022
The Pennant Group spent time in the first half of 2022 streamlining its senior living portfolio, improving the average quality of its buildings and “positioning ourselves to accelerate organic growth...