Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...
Ventas ‘optimistic’ as senior living outlook remains competitive
By
Kimberly Bonvissuto
Feb 19, 2021
In looking back at 2020, Ventas Chairman and CEO Debra Cafaro called it a “grueling” year “dominated by the pandemic and punctuated by extreme weather disruptions,” but she said the company’s...
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...
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...
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...
Aegis Living, SLR recognized for achieving elevated memory care standards
By
Kimberly Bonvissuto
Feb 26, 2024
Two assisted living and memory care providers have earned certifications for meeting elevated standards of care for people living with dementia.
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...
It’s OK to pick personality over experience when hiring senior living executives, expert says
By
Kimberly Bonvissuto
Jul 14, 2023
Senior living operators looking to fill director-level positions should focus on a candidate’s cultural fit within a community rather than focusing on experience, according to one senior living marketing...
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...
New ‘joint employer’ rule coming next month: NLRB
By
Kimberly Bonvissuto
Jul 28, 2023
A new “joint employer” rule will be coming next month, according to the National Labor Relations Board’s agenda published Thursday to the Federal Register.