Building back occupancy is priority for Brookdale, CEO says
By
Kimberly Bonvissuto
Aug 10, 2022
With overall weighted average occupancy at 74.6% across its communities in the second quarter, Brookdale Senior Living is focused on building occupancy back to a pre-pandemic level of 85% and then will...
People in the news, April 20
By
Kimberly Bonvissuto
Apr 20, 2021
Appointments, promotions and other news at the American College of Health Care Administrators, Highland Springs, iN2L, InnovAge, Integral Senior Living, Juniper Communities, Lifespace Communities, Mission...
Brookdale expects COVID-19 expenses to reach $50 million for quarter, CEO says
By
Kimberly Bonvissuto
Jun 04, 2020
When it comes to COVID-19, Brookdale President and CEO Lucinda “Cindy” Baier said, shareholders and potential investors typically want to hear about four areas: protocols and progress on COVID-19 testing...
Lingering pandemic-related costs slow operating margin growth: NIC
By
Kimberly Bonvissuto
Mar 11, 2022
As occupancy recovery in senior living continues and the pandemic eases, increasing operating expenses may limit the growth of operating margins in the next six months, according to the National Investment...
Senior living communities can navigate the pandemic through a ‘nuanced’ approach, experts say
By
Kimberly Bonvissuto
Jan 13, 2021
A “nuanced approach with attention to details” is necessary for senior living communities to navigate the uncertainties, hesitancies and logistical issues of COVID-19 vaccination, according to Patricia...
People in the news, Jan. 12
By
Kimberly Bonvissuto
Jan 12, 2021
Appointments, promotions and news at Acts Retirement–Life Communities, Ascension Living, Carmel Valley Manor, CareOne, Cypress Living, Discovery Senior Living, Erickson Living, the Fountains in Calhoun,...
Ongoing pandemic, emerging COVID-19 variants prompt more providers to mandate staff vaccination
By
Kimberly Bonvissuto
Jul 29, 2021
Concern over the COVID-19 delta variant and pockets of outbreaks in communities has led two more senior living and care providers to join a growing list of those mandating COVID-19 vaccination as a condition...
People in the news, Sept. 13
By
Kimberly Bonvissuto
Sep 13, 2022
Appointments, promotions and other news at Arete Living, Brookdale Senior Living, Catamount Constructors, Hebrew SeniorLife, IHCA/INCAL, Legend Senior Living, Lenbrook, Nazareth Home, Presbyterian Senior...
Assisted living executives face new charges, accused of defrauding 75 investors of $22 million
By
Kimberly Bonvissuto
Sep 16, 2020
The owner and an executive of a chain of assisted living communities and nursing homes have been charged with fraud for allegedly orchestrating a Ponzi scheme that defrauded at least 75 investors out of...
Overtime pay threshold, ‘joint employer’ regulation updates coming in 2022
By
Kimberly Bonvissuto
Dec 14, 2021
The federal government plans to propose updates to the threshold for overtime pay and joint employment regulations in the new year.