The Program of All-Inclusive Care for the Elderly will be expanded to older adults who do not yet meet the standard for nursing home level of care and to others under legislation that was passed by the...
2023 laid groundwork for sustained performance, outsized growth in 2024: Welltower CEO
By
Kimberly Bonvissuto
Feb 15, 2024
2023 was a year of “solid execution” across the board for Welltower and a record year in capital deployment, laying the groundwork for a sustained level of performance and continued outsized growth...
White House nixes pay data submission
By
Lois A. Bowers
Aug 31, 2017
Employers no longer will be required to submit summary employee pay data to the Equal Employment Opportunity Commission beginning in March. The White House on Tuesday nixed the rule containing the requirement,...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
Seniors housing M&A activity down from 2015, data show
By
Lois A. Bowers
Jan 18, 2017
The number of mergers and acquisitions in seniors housing and care decreased in 2016 compared with 2015, according to data from two sources released Jan. 18.
Brookdale sees 4% same-community operating income growth
By
Lois A. Bowers
Feb 08, 2016
Brookdale Senior Living saw same-community operating income growth of more than 4% over the fourth quarter of 2014, the company said as it released financial and operating results for the fourth quarter...
Subtle signs point to start of recovery for senior living industry
By
Amy Novotney
Dec 10, 2020
One positive to the otherwise devastating effects of the COVID-19 pandemic on the senior housing industry has been that it appears to be helping to more favorable align future supply and demand fundamentals,...