‘Most favorable fundamentals ever’ in senior living tee up ‘unprecedented’ growth opportunities:...
By
Kimberly Bonvissuto
Aug 05, 2024
The “most favorable fundamentals ever” in the senior living industry are setting up Ventas for an “unprecedented” multi-year growth opportunity fueled by demographic demand, Chairman and CEO Debra...
CareTrust REIT expects ‘supercharged growth for the foreseeable future’
By
Lois A. Bowers
Aug 05, 2024
The first six months of 2024 have been “strong” for CareTrust REIT President and CEO Dave Sedgwick said Friday on a second-quarter earnings call, adding that “momentum is actually building” and...
Second-quarter earnings calls continued Friday with updates from CareTrust REIT, Diversified Healthcare Trust, Omega Healthcare Investors and Ventas.
Ensign Group builds on growth momentum with 3 SNF acquisitions
By
Kathleen Steele Gaivin
Aug 05, 2024
The Ensign Group continues to build on the buying spree begun in the past quarter when the company announced acquisitions in Colorado and Iowa.
Effective leadership, management practices benefit insurance underwriting process
By
Kimberly Bonvissuto
Aug 02, 2024
Strong leadership, quality assurance programs and transparency are key considerations that affect insurance underwriting in senior living, according to an insurance expert.
Committee advances Older Americans Act reauthorization to full Senate
By
Kimberly Bonvissuto
Aug 02, 2024
The Older Americans Act cleared another hurdle on its path to reauthorization on Wednesday and now heads to the full Senate for a vote.
Edenwald Senior Living, Wesley SecureCare take first step toward affiliation
By
Kathleen Steele Gaivin
Aug 02, 2024
Edenwald Senior Living and Wesley SecureCare signed an agreement Wednesday to share services in the first step toward completing a planned affiliation.
Tri Pointe Homes brings Altis brand to East Coast
By
Kathleen Steele Gaivin
Aug 01, 2024
Tri Pointe Homes is developing its first Altis 55+ community of homes on the East Coast, the company announced Tuesday. The community of homes, which could serve as competition for active adult and independent...
Skeptical judge sides with smaller analytics firm against giant PointClickCare over data blocking tactics
By
James M. Berklan
Jul 31, 2024
A federal judge granted a request for a preliminary injunction against EHR giant PointClickCare over alleged improper data-blocking tactics.
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...