Capital Senior Living: COVID-19 effects ‘raise substantial doubt’ about future
By
Lois A. Bowers
May 21, 2020
COVID-19’s negative effects on occupancy, revenues and expenses “raise substantial doubt about the company’s ability to continue as a going concern,” Capital Senior Living said Thursday in a press...
Anthem Memory Care occupancy, earnings improving, LTC CEO says
By
Lois A. Bowers
Mar 05, 2018
Anthem Memory Care continues to make progress on occupancy and earnings, LTC Properties Chairman, President and CEO Wendy Simpson said Friday during the Westlake Village, CA-based real estate investment...
MatrixCare to be acquired by ResMed for $750 million
Nov 06, 2018
Minneapolis-based software company MatrixCare will be acquired by San Diego-based ResMed for $750 million, the companies announced Monday.
Proposed federal quality measures could exacerbate providers’ financial woes, groups warn
By
Lois A. Bowers
Jul 07, 2023
Quality measures that are part of a proposed rule from the Centers for Medicare & Medicaid Services have the potential to burden assisted living providers financially and administratively, industry advocates...
HUD expands internet access program for low-income seniors
By
Lois A. Bowers
Jul 20, 2016
The U.S. Department of Housing and Urban Development has announced an expansion of its ConnectHome program to make high-speed internet access more readily available and affordable to senior citizens and...
Bacon, Erickson, Vick to join ASHA Senior Living Hall of Fame in 2022
Jan 12, 2022
Brenda Bacon, John Erickson and Steven Vick will be inducted into the American Seniors Housing Association Senior Living Hall of Fame later this month at the organization’s annual meeting in Phoenix,...
ManorCare CEO steps down, QCP grants more time for receivership response
By
Lois A. Bowers
Sep 26, 2017
On the same day that HCR ManorCare announced that its president and CEO is stepping down, Quality Care Properties said that it is giving ManorCare more time to respond to its request that an independent...
A key to making employees want to stay
By
Lois A. Bowers
Jan 31, 2022
Exit interviews with departing staff members can reveal changes that managers can make to potentially entice more employees to stay in the future, but a new article shares other actions that could prevent...
Fragmented markets, small operators are challenges for NIC’s Actual Rates Initiative
By
Lois A. Bowers
Mar 05, 2020
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a...
NorthStar Realty selling $900 million interest in senior housing assets
By
Lois A. Bowers
Feb 25, 2016
NorthStar Realty Finance Corp. announced the pending and planned sale of senior living assets, a stock buy-back program and a potential recombination with NorthStar Asset Management Group Inc. in a Feb....