Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Adequate, consistent staffing necessary for senior living and care: AMDA
By
Kathleen Steele Gaivin
Aug 02, 2021
The pandemic made it even more clear that more workers are needed in senior living and care, according to a position statement released Thursday by AMDA–The Society for Post-Acute and Long-Term Care...
Five Star Senior Living rebrands as AlerisLife, plans to diversify offerings
By
Lois A. Bowers
Jan 26, 2022
Newton, MA-based Five Star Senior Living has changed its name to AlerisLife Inc. effective immediately, the company announced this morning along with plans to expand its offerings to include active adult...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Industry veterans launch new senior living firm while Transforming Age, SHAG form affiliation targeting...
By
Amy Novotney
Feb 25, 2021
Former Welbrook Senior Living executive Douglas Brawn has launched a new senior living company, Alta Senior Living. The vertically integrated senior living real estate investment, development and operations...
Inflation Reduction Act called a ‘game-changer’
By
Kathleen Steele Gaivin
Aug 09, 2022
Medicare beneficiaries will not have to pay more than $2,000 per year for their medications, and beneficiaries with diabetes will not have to pay more than $35 per month for insulin, under the terms of...
Brokerage employees working with senior living facilities accused of setting up captives, skimming
By
Kathleen Steele Gaivin
May 27, 2022
An Oregon insurance brokerage firm that serves senior living facilities is suing some former employees for allegedly moving existing partners’ insurance policies into captives for clients and then skimming...
Erickson unveils new name, logo as part of $3 billion expansion strategy
By
Lois A. Bowers
Apr 28, 2021
Erickson Living is changing its name to Erickson Senior Living and rolling out a new logo as part of a strategy that will see almost $3 billion in development and construction over the next five years....
Ventas beats earnings expectations, enters new agreement with Holiday; other companies report ongoing...
By
Amy Novotney
May 11, 2020
Chicago-based Ventas reported first-quarter 2020 earnings per share of $1.26 Friday, 91 cents higher than the first quarter of 2019. Net income also exceeded prior-year results, the company noted, mostly...
Former school repurposed for New England’s first LBGTQ affordable senior housing community
By
Kathleen Steele Gaivin
Jun 13, 2022
The former William Barton Rogers Middle School in Hyde Park, MA, which has sat idle for years, soon will see new life as Boston’s — and all of New England’s — first affordable housing community...