Demand for seniors housing may be overstated, white paper says
By
Lois A. Bowers
Aug 30, 2016
Predictions related to future demand for seniors housing may be overstated, especially in slower-growing markets, because analysts are not focusing on the correct audience, according to a new white paper.
Former social services director gets 10-year prison sentence for $390,000 theft from resident
By
Lois A. Bowers
May 15, 2018
The former social services director of a Louisiana senior living community has been sentenced to 10 years in prison and ordered to pay restitution of $390,537 for stealing money from one of the community’s...
Cohen: Hurricanes may reduce headwinds for senior living
By
Lois A. Bowers
Sep 08, 2017
Capital Senior Living communities and others have been affected by Hurricane/Tropical Storm Harvey and may be affected by Hurricane Irma as well. CEO Larry Cohen sees silver linings in the storm clouds...
Oakmont requests hearing as California passes emergency preparedness law
By
Lois A. Bowers
Sep 14, 2018
Oakmont Senior Living has requested a hearing about the potential shuttering of two of its California senior living communities over staff members’ alleged handling of resident evacuations during...
Troubled Five Star defers February rent to landlord
By
Lois A. Bowers
Mar 12, 2019
Five Star Senior Living is deferring its February rent payment to Senior Housing Properties Trust until March 31, the organizations announced Monday in filings with the Securities and Exchange Commission.
OSHA accepting new comments on healthcare worker COVID-19 protection rule
By
Lois A. Bowers
Mar 23, 2022
The Occupational Safety and Health Administration is accepting additional comments as it works to establish a final rule meant to protect assisted living and other healthcare workers from exposure to COVID-19...
A Place for Mom is sold to new investors
By
Lois A. Bowers
Jul 06, 2017
A Place for Mom is being sold to technology investment firm Silver Lake and global growth equity firm General Atlantic by its current investor, growth private equity firm Warburg Pincus, the companies...
Health system, payer telehealth efforts to be rated in new study
By
Lois A. Bowers
Jun 26, 2019
Health system and payer-led telehealth efforts will be rated when J.D. Power releases the results of its first study of consumer satisfaction with telehealth programs in November, the company announced...
House tax bill foes decry potential effects on seniors’ medical costs, housing
By
Lois A. Bowers
Nov 10, 2017
Advocates for senior living and affordable housing have expressed opposition to H.R. 1, the Tax Cuts and Jobs Act, proposed by Republicans in the House of Representatives, because it eliminates the medical...
Firms active in long-term care recognized for energy efficiency improvement efforts
By
Lois A. Bowers
Apr 10, 2023
Several companies operating in, investing in or serving senior living and care recently were honored by the federal government for their energy efficiency improvement efforts.