Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
LTC Properties makes portfolio adjustments involving several operators
By
Lois A. Bowers
Mar 04, 2019
LTC Properties executives updated shareholders, analysts and others on the status of several troubled or formerly troubled operators in its portfolio — Thrive Senior Living, Frontier Management, Anthem...
PACE Innovation Act to expand program’s reach
By
Lois A. Bowers
Oct 22, 2015
The Program of All-Inclusive Care for the Elderly will be expanded to older adults who do not yet meet the standard for nursing home level of care and to others under legislation that was passed by the...
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
White House nixes pay data submission
By
Lois A. Bowers
Aug 31, 2017
Employers no longer will be required to submit summary employee pay data to the Equal Employment Opportunity Commission beginning in March. The White House on Tuesday nixed the rule containing the requirement,...
New Senior Investment Group explores ‘strategic alternatives’
By
Lois A. Bowers
Feb 26, 2018
Citing “negative pressures” related to supply and increased competition, New Senior Investment Group CEO Susan Givens said Friday that the real estate investment trust is considering various...
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...