A Florida memory care community has joined the ranks of senior living communities achieving 100% occupancy in the wake of the COVID-19 pandemic.
Pennant commits to redoubling leadership investments to continue ‘transformational’ growth
By
Kimberly Bonvissuto
Feb 27, 2023
The Pennant Group posted full-year and fourth-quarter results that demonstrated progress in 2022 and “meaningful momentum” heading into 2023 due to investments in people, CEO Brent Guerisoli during...
Mitigating risk of falls in senior living improves resident, community well-being
By
Kimberly Bonvissuto
Sep 27, 2023
The majority of liability claims against senior living and care settings comes from falls, so operators that don’t have protocols in place to document interventions face a host of financial, reputational,...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
COVID-19 healthcare standards must reflect current stage of pandemic, industry group says
By
Kimberly Bonvissuto
Jan 06, 2023
As the federal government mulls a forthcoming final healthcare standard on COVID-19, one senior living advocacy group is pushing for consistent protocols that recognize the current stage of the pandemic.
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
Enlivant to lay off 284 corporate employees amid financial restructuring
By
Kimberly Bonvissuto
Jun 12, 2023
Senior living operator Enlivant is laying off 284 employees at its Chicago corporate support center, according to a notification the company filed with the Illinois state government.
Assisted living owner sentenced in $1 million COVID-19 relief fraud case
By
Kimberly Bonvissuto
Jan 12, 2024
The owner of an assisted living community will spend two years in federal prison as part of a plea agreement for fraudulently obtaining more than $1 million in COVID-19 relief funds that he used for personal...
Brookdale’s year-over-year occupancy up 300 basis points in February
By
Kimberly Bonvissuto
Mar 10, 2023
Brookdale Senior Living reported a year-over-year 300-basis-point boost to its consolidated occupancy for February.