Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
What could replace ‘quiet quitting’ in 2023
By
Lois A. Bowers
Jan 23, 2023
“Quiet quitting” is so last year. The top workplace phenomenon that employers will see in 2023 is “quiet hiring,” according to one expert. The good news for organizations is that, in contrast to...
New Disney business will develop residential communities with 55+ housing
By
Lois A. Bowers
Feb 17, 2022
The Walt Disney Company on Wednesday announced plans to introduce Storyliving by Disney master-planned communities that include 55+ housing.
Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
Brookdale, Holiday on NHI CEO’s ‘worry list’
By
Lois A. Bowers
Nov 09, 2017
National Health Investors is watching the performance of Brookdale Senior Living and Holiday Retirement very closely, the real estate investment trust’s president and CEO, Eric Mendelsohn, said Wednesday...
New administration means ‘uncertainty’ for businesses, Ventas CEO says
By
Lois A. Bowers
Feb 12, 2017
Changes in the federal government in the new year have brought with them “a period of significant macro volatility and uncertainty” for businesses, Ventas Chairwoman and CEO Debra Cafaro told...
Capital Senior Living ‘operating with a tremendous sense of urgency’
By
Lois A. Bowers
Aug 09, 2019
Capital Senior Living executives said they are “operating with a tremendous sense of urgency,” in a “challenging” environment Thursday as they released second-quarter results, but they expressed...
Senior living operators share secrets to finding, keeping executive directors
By
Lois A. Bowers
Aug 02, 2017
Leaders of Capital Senior Living and Five Star Senior Living used their second-quarter earnings calls this week in part to discuss their companies’ approaches to recruiting and retaining executive...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
Overtime rule review completed by White House
By
Lois A. Bowers
Apr 11, 2024
The Department of Labor’s proposed overtime rule has moved a step closer to being finalized. The White House Office of Management and Budget’s Office of Information and Regulatory Affairs has completed...