Public investors are pulling back from seniors housing for four reasons, according to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace.
Capital Senior Living to add board member, seek Lucus input
By
Lois A. Bowers
Mar 21, 2016
Capital Senior Living will appoint a new member to its board under the terms of an agreement with investment firm Lucus Advisors announced March 21 in advance of the organization’s annual meeting.
NLRB decision could have senior living implications
By
Lois A. Bowers
Aug 31, 2015
The National Labor Relations Board has changed its standard for determining joint employer status, and the decision may have implications for senior living operators.
Final Medicaid Access Rule released, White House says
By
Lois A. Bowers
Apr 22, 2024
A federal rule requiring providers to allocate at least 80% of home- and community-based payments to direct care worker pay has been finalized, President Biden said in a fact sheet posted Monday on the...
CMS updates Medicaid eligibility standards
By
Lois A. Bowers
Jun 02, 2022
The Centers for Medicare & Medicaid Services on Thursday afternoon announced updated standards for Medicaid financial eligibility for married individuals seeking coverage of certain long-term services...
Several Pennant senior living communities involved in 2019 spin-off return to Ensign
By
Lois A. Bowers
Apr 29, 2022
Several senior living communities that were spun off from The Ensign Group in 2019 to form The Pennant Group have returned to Ensign, the San Juan Capistrano, CA-based company reported Thursday as part...
$70 million in aid in Michigan ‘encouraging’ for assisted living providers nationwide, CEO says
By
Lois A. Bowers
Feb 18, 2022
Senior living providers across the country need pandemic relief like the $70 million in direct aid in which assisted living operators will share in Michigan after bipartisan support in the state Legislature,...
Eclipse Senior Living to cease operations after Ventas moves 90 communities to new managers
By
Lois A. Bowers
Oct 05, 2021
Lake Oswego, OR-based Eclipse Senior Living will cease business management operations in 2022 after 90 senior living communities it manages for real estate investment trust Ventas are transitioned to new...
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
AARP report on assisted living response to Hurricane Harvey is ‘misleading and unfair,’ groups...
By
Lois A. Bowers
Aug 09, 2018
A new report that is critical of Texas assisted living operators’ preparedness and response to Hurricane Harvey in 2017 is misleading to the public and insulting to industry workers, according to...