2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
Passed bill allows assistive devices in assisted living
By
Lois A. Bowers
Mar 12, 2020
A bill that supporters say will modernize regulations for assisted living communities in Florida is on its way to Gov. Ron DeSantis after being passed unanimously by the state Senate and House.
Senior living workforce at crisis levels, but hope is on the horizon: Argentum
By
Kimberly Bonvissuto
Mar 11, 2022
Workforce challenges have always existed in long-term care, but never to the crisis-level extent they do now. Hope is on the horizon, however, according to senior living experts.
Meet Mary Alice Ryan, Hall of Honor inductee
By
James M. Berklan
Jul 16, 2020
Mary Alice Ryan, president and CEO, St. Andrew’s Resources for Seniors System, St. Louis, is a member of the 2020 McKnight’s Women of Distinction Hall of Honor.
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...