The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
Earnings calls wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Jul 31, 2024
Welltower and LTC Properties reported second-quarter earnings to investors and analysts on Tuesday.
Charter Senior Living expands national footprint with 3 senior communities under development
By
Kathleen Steele Gaivin
Jul 31, 2024
Naperville, IL-based Charter Senior Living has broken ground on three senior living communities in three different states, the company announced Monday.
USDA toughens rules on salmonella in poultry
Jul 30, 2024
Chicken, turkey and other poultry might get a little safer after new rules to limit salmonella proposed Monday by the US Department of Agriculture.
Staff development helps combat high cost of turnover
By
Kimberly Bonvissuto
Jul 30, 2024
Although workforce challenges in senior living abound — including the high cost of turnover — there are “bright spots illuminating a path forward,” according to the findings of a new workforce...
Lutheran Senior Services opens Netherlands-inspired dementia village, with more on the way
By
Kimberly Bonvissuto
Jul 30, 2024
Inspired by a dementia village model in the Netherlands, a US senior living operator is opening a new memory care neighborhood concept in two of its communities to provide a “safe and immersive” experience...
Sabra Health Care REIT continues to make progress on its sustainability goals
By
Kathleen Steele Gaivin
Jul 30, 2024
Sabra Health Care REIT continued to make progress meeting its e-initiative roadmap goals last year, the Irvine, CA-based real estate investment trust noted in its fourth annual sustainability report. The...
FDA approves another blood test for colon cancer screening
Jul 29, 2024
Currently, colonoscopy is the gold standard test for colon cancer, but adherence to it is low because it is invasive and preparation for the test is daunting.
New bill targeting private equity, REIT transparency muddies waters for assisted living
By
Kimberly Bonvissuto
Jul 29, 2024
An updated version of a bill targeting transparency for private equity firms has removed assisted living from the mix of covered entities, but a tax code definition covering real estate investment trusts...
Federal judge certifies subclasses in Brookdale class action lawsuit; trial set for January
By
Kimberly Bonvissuto
Jul 29, 2024
A long-running California class action lawsuit filed against Brookdale Senior Living will go forward early next year after a judge granted a motion to certify three community-based subclasses in the case.