AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
Honor Technology and Home Instead deal will provide scale, recruitment edge, CEOs say
By
Diane Eastabrook
Aug 11, 2021
It might sound like hyperbole, but Honor Technology CEO Seth Sternberg and Home Instead CEO Jeff Huber believe that in joining forces they are changing the world of senior care.
7 highlights from Ventas’ third-quarter earnings call
By
Lois A. Bowers
Oct 29, 2018
Real estate investment trust Ventas held its third-quarter 2018 earnings call on Friday. Here are seven senior living-related highlights you need to know.
State plans to revoke assisted living license
By
Lois A. Bowers
Nov 05, 2015
The state of Florida plans to revoke the license of a memory care community for not protecting residents from a resident who “had a known history of aggressive sexual behavior” and for providing...
American Senior Communities case defendant agrees to plead guilty
By
Lois A. Bowers
Dec 19, 2016
One of the defendants in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him,...
Meet Cassie Mistretta, 2022 Hall of Honor inductee
By
Max Bachmann
Aug 01, 2022
Learn more about Cassie Mistretta, CEO of Senior Living Properties, Bedford, TX.
Effects of Holiday management transition lingered in third quarter, New Senior says
By
Lois A. Bowers
Nov 07, 2017
Holiday Retirement’s operating model change from live-in property managers to more traditional executive directors continued to affect occupancy in New Senior Investment Group’s independent...
COVID-19 leads NIC founder Bob Kramer to start new company to ‘rethink aging’
By
Lois A. Bowers
Apr 22, 2020
Bob Kramer transitioned from CEO of the National Investment Center for Seniors Housing & Care in mid-2017, becoming senior adviser to the organization he had co-founded in 1991. At the time, starting a...
Benchmark Senior Living named among ‘Best Places to Work’
Apr 26, 2017
Waltham, MA-based Benchmark Senior Living has been named one of the Boston Business Journal’s “Best Places to Work” for the sixth time.
Overtime rule not ‘good business,’ groups say
By
Lois A. Bowers
May 18, 2016
The new overtime rule finalized by the Department of Labor on Wednesday “is not only the right thing to do; it’s good business,” Vice President Joe Biden told the crowd gathered at a...