Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
How a growing nursing home company relies on superstar adopters to bust through tech barriers
By
Kimberly Marselas
Aug 07, 2024
At a time when many US nursing home staff express frustration with new burdens technology can bring, Mission Health is leaning in.
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...
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...
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...
Clif Porter sees ‘huge’ opportunities and ‘some level of trepidation’ for assisted living as...
By
Lois A. Bowers
Jul 29, 2024
As Clif Porter prepares to become the next president and CEO of the American Health Care Association/National Center for Assisted Living, he sees good things ahead for assisted living providers, but he...
Older Americans Act discussion draft prompts litany of recommendations from senior living industry
By
Kimberly Bonvissuto
Jul 26, 2024
Addressing long-term care opportunities for the direct care workforce and adopting an all-of-government approach to aging are among the recommendations senior living leaders made in comments to senators...
Effective leadership, management practices benefit insurance underwriting process
By
Kimberly Bonvissuto
Aug 02, 2024
Strong leadership, quality assurance programs and transparency are key considerations that affect insurance underwriting in senior living, according to an insurance expert.
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.
FTC’s noncompete ban upheld in one district court — a different conclusion than reached in another...
By
Kathleen Steele Gaivin
Jul 25, 2024
A federal judge in Pennsylvania on Tuesday denied a request to block enforcement of the Federal Trade Commission’s final rule banning noncompete agreements in most instances.