4 strategies Brookdale is using to combat new competition
By
Lois A. Bowers
Aug 08, 2017
The opening of new communities near Brookdale Senior Living properties challenged the country’s largest senior living operator in the second quarter, President and CEO Andy Smith told participants...
Housing is ‘lynchpin to aging well,’ hearing witness tells Aging Committee
By
Lois A. Bowers
May 17, 2017
If the United States wants to become more age-friendly, it must do a better job of addressing the affordable housing needs of older Americans, a witness told members of the Senate Special Committee on...
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
Aegis Living gambles on uncommon perk to foster employee loyalty
By
Lois A. Bowers
Apr 03, 2017
Eight employees of Aegis Living are going to be especially happy Wednesday afternoon. That’s the day their Redmond, WA-based employer is announcing the winners of its Dream Big Lottery. Last year’s...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
CVS looks to assisted living for future Omnicare success after disappointing quarter
By
Lois A. Bowers
Aug 09, 2018
Assisted living figures prominently in the future plans that CVS Health executives shared Wednesday to improve performance in its Omnicare long-term care pharmacy business.
Analysis: Affordable senior housing becoming harder to find
By
Lois A. Bowers
Feb 02, 2016
A new analysis finding that it is becoming more difficult for older adults to afford housing has been released just as HUD announces a proposed rule and the U.S. House of Representatives unanimously passes...
Brookdale asks court to reconsider False Claims Act ruling, and two ‘friends’ file briefs...
By
Lois A. Bowers
Jul 05, 2018
Brookdale Senior Living is asking the full 6th Circuit Court of Appeals to review a June 11 ruling by a three-judge panel of the court that revived a False Claims Act case against the company that originated...
Brookdale CEO envisions a smaller company
By
Lois A. Bowers
Jun 06, 2018
The country’s largest senior living operator could reduce the number of communities in its portfolio by 20% over the next two or three years, Brookdale President and CEO Lucinda “Cindy”...
Brent Weil is definitely up to the job
By
Lois A. Bowers
May 14, 2018
The new vice president of workforce development at Argentum is tackling the field’s biggest challenge. Read our exclusive interview with him.