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...
Ventas announces multipronged plan to ‘realize upside in senior housing’
By
Lois A. Bowers
Feb 21, 2020
Chicago-based real estate investment trust Ventas is counting on $600 million in senior living community sales, increased capital expenditures, a new executive vice president, changes for the executive...
May 25 hearing set in case of former Welltower executive going to HCP
By
Lois A. Bowers
May 16, 2017
A preliminary injunction hearing has been set for May 25 as real estate investment trust Welltower sues its former executive vice president and chief investment officer, Scott M. Brinker, alleging that...
Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...