Five Star considers selling communities to address financial woes
By
Lois A. Bowers
Nov 15, 2018
Five Star Senior Living may sell some of its senior living communities or repurpose units within communities to help solve financial issues that cast “substantial doubt on our ability to continue as...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Illinois first state to require dementia diagnosis training for healthcare professionals
By
Kimberly Bonvissuto
Aug 20, 2021
Illinois is the first state in the nation to require Alzheimer’s diagnosis training for healthcare professionals, officials said this week, thanks to a new law signed by Gov. JB Pritzker on Monday.
Maplewood Senior Living $2 million behind in rent, Omega Healthcare Investors says
By
Kimberly Bonvissuto
Aug 04, 2023
Second-quarter financial performance for Omega Healthcare Investors “exceeded our expectations,” as some restructured operators returned to paying rent and other operators paid additional unanticipated...
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Pennsylvania approves regional approach, $295 million in aid to combat COVID-19 in long-term care
By
Kimberly Bonvissuto
Jun 01, 2020
Pennsylvania Gov. Tom Wolf on Friday signed into law a bill establishing a regional approach to combating COVID-19 in senior living and care communities, along with nearly $300 million in funding to assist...
People in the News, Feb. 27
Feb 27, 2018
Appointments, promotions and other news involving Capital Senior Living Corp., Charter Senior Living, Five Star Senior Living, GlenBrook Health Center, Jefferson’s Ferry, Morning Pointe Senior Living,...
Labor Department issues COVID vaccine requirement for companies with 100 or more employees
By
Lois A. Bowers
Nov 04, 2021
U.S. companies employing 100 or more workers must develop, implement and enforce a mandatory COVID-19 vaccination policy, unless they adopt a policy requiring employees to choose to either be vaccinated...
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Intergenerational relationships benefit everyone in them, report says
By
Lois A. Bowers
May 17, 2017
Senior living community residents and children and youth benefit from interacting, according to a new report, which also suggests ways to encourage such relationships.