Woman who fought senior living facility after employees allegedly stole nearly $1 million dies at 100
By
Kimberly Bonvissuto
Nov 09, 2021
A resident of a Chicago assisted living and memory care community who sued the community after employees allegedly stole $750,000 from her has died. Her lawsuit is expected to live on, however.
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Federal COVID-19 vaccination, testing mandates have pros, cons, experts say
By
Kimberly Bonvissuto
Nov 05, 2021
Although generally supportive of federal COVID-19 vaccine mandates for members of its workforce, senior living leaders are concerned about the effects on its workforce.
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
Providers approach holidays with eye toward normalcy, safety
By
Kimberly Bonvissuto
Nov 04, 2021
Senior living providers are planning for a “somewhat normal” holiday season in 2021, albeit with an eye toward safety and with last season’s COVID-19 lockdown memories still vivid.
Healthpeak substantially exits rental senior housing with final $149 million in sales
By
Kimberly Bonvissuto
Nov 04, 2021
Healthpeak Properties closed on the final sale of $149 million of its seniors housing portfolio in the third quarter, bringing total sales proceeds on the properties to $4 billion since July 2020, CEO...
Dwindling savings, less fear of COVID may drive some back to work, experts say
By
Lois A. Bowers
Nov 03, 2021
Employers in senior living and care and other industries may see their workforce challenges lessen a bit as some peoples’ savings accumulated over the pandemic dry up and as fear of COVID-19 subsides,...