Diversified Healthcare Trust reports occupancy dips, NOI increases
By
Kimberly Bonvissuto
Apr 04, 2024
Newton, MA-based real estate investment trust Diversified Healthcare Trust’s senior housing operating portfolio continues its post-COVID-19 pandemic recovery, although occupancy dipped slightly in February,...
Provider groups applaud millions in proposed investments in older adults but say plans fall short
By
Kimberly Bonvissuto
Feb 08, 2024
A proposed $11.7 million investment in Pennsylvania’s master plan on aging is being celebrated by leaders in the senior living industry for prioritizing the needs of older adults, but experts expressed...
Sonida optimistic for near-term outcomes, with ‘significant momentum’ heading into Q4
By
Kimberly Bonvissuto
Oct 11, 2023
Third-quarter occupancy gains on the heels of finalization of a comprehensive restructuring plan are creating “significant momentum” and optimism for near-term outcomes for Sonida Senior Living heading...
Settlement removes ‘secrecy clauses’ from assisted living operator’s arbitration agreements, and...
By
Kimberly Bonvissuto
Mar 05, 2024
A settlement that ends a senior living community’s arbitration agreement “secrecy clauses” is being called a “big win” by Arizona’s top attorney, who said she will move to strike down such...
Hobbies, travel, ‘extreme’ sports top retirement ‘bucket lists’ for older adults
By
Kimberly Bonvissuto
Nov 16, 2023
More than 40% of US adults have “bucket lists” of goals they want to achieve in retirement, including ones that they believe support their overall mental health, according to the results of a recent...
Senior living providers advised to ‘carefully evaluate’ employee classifications in light of new...
By
Kimberly Bonvissuto
Jan 10, 2024
A large national trade group advocating for senior living and other long-term care providers is urging its members to “carefully evaluate their existing classifications” of workers following the Tuesday...
Bake sale-supported nursing home turns to assisted living to survive
By
Josh Henreckson
Apr 05, 2024
A Rhode Island nursing home that had turned to a grassroots funding campaign that included a resident-run bake sale to avoid closure is reworking one of its floors into a memory-care focused assisted...
Coalition to promote ‘common sense solutions’ in senior living and care
By
Kimberly Bonvissuto
Feb 26, 2024
Three Arizona senior living and care advocacy organizations are partnering to promote “common sense solutions” for long-term care and counter negative perceptions of providers that appear in the lay...
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
Philip Esformes pleads guilty to healthcare fraud, sentenced to time served
By
Kimberly Bonvissuto
Feb 22, 2024
Former assisted living community and nursing home owner Philip Esformes pleaded guilty to healthcare fraud on Thursday and received a sentence of time served, ending a case the federal government at one...