Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
Chicago Methodist, Bickford earn Gold in McKnight’s Technology Awards
By
Lois A. Bowers
Oct 04, 2018
Communities that use a virtual reality staff training program and a unified nurse call and wander management system are the Gold winners of the Innovator of the Year and Safety categories, respectively,...
Some senior living operators may find Medicaid payment expansion tempting
By
John O'Connor
Nov 28, 2018
Senior living operators have historically not been involved in psychiatric care. But that soon could change. The reason: A recent Medicaid coverage expansion could lead to new business opportunities, a...
PACE sees potential to expand in American Jobs Plan
By
Diane Eastabrook
Apr 02, 2021
The devil is still in the details, but Programs of All-Inclusive Care for the Elderly (PACE) are optimistic they could be big winners in President Joseph Biden’s American Jobs Plan, which would funnel...
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
Lesbian resident’s discrimination case back in court
By
Lois A. Bowers
Feb 08, 2018
A lawsuit claiming that an Illinois senior living community failed to protect a lesbian resident from harassment, discrimination and violence from fellow residents because of her sex and sexual orientation...
Senior living provider announces data breach of employee personal information
By
Kimberly Bonvissuto
Jun 27, 2022
An Oregon-based senior living and skilled nursing provider has had its computer network breached, affecting the personal information of some of its employees as well as some employees of affiliated entities.
Senior living borrowers may not be aware of this bank placement risk
By
Lois A. Bowers
Jul 11, 2016
Not-for-profit senior living companies attracted to bank placements for capital should beware of a provision that can be part of such agreements, according to specialty investment bank Ziegler.
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Short-term staffing solutions at CCRCs include contingency workers, sign-on bonuses: survey
By
Kimberly Bonvissuto
Jul 11, 2022
In response to the effects of COVID-19, one-third of continuing care retirement communities are using contingency workers and sign-on bonuses as short-term solutions to staffing shortages, according to...