Appointments, promotions and news at Atlas Senior Living, Benchmark Senior Living, Bridges by EPOCH, Cadence Living, JEA Senior Living, Milestone Retirement Communities, Ohio Living and Sunrise Senior...
Nominee for CMS administrator would bring ‘solid experience,’ home care leader says
By
Joe Jancsurak
Feb 23, 2021
Home care association leaders welcomed President Biden’s recent choice of Chiquita Brooks-LaSure as the next administrator of the Centers for Medicare and Medicaid Services.
Watermark takes action after data security breach potentially affects people in 10 states
By
Kimberly Bonvissuto
Feb 22, 2021
Tucson, AZ-based Watermark Retirement Communities is the latest victim of a data security breach, in this case one that may have compromised the personal information of 208 residents and others.
Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations
By
Amy Novotney
Feb 22, 2021
Aided by better-than-anticipated rent collection in the fourth quarter, real estate investment trust LTC Properties beat the expectations of analysts, reporting funds from operations of 78 cents per share....
Ventas ‘optimistic’ as senior living outlook remains competitive
By
Kimberly Bonvissuto
Feb 19, 2021
In looking back at 2020, Ventas Chairman and CEO Debra Cafaro called it a “grueling” year “dominated by the pandemic and punctuated by extreme weather disruptions,” but she said the company’s...
Ventas reports better-than-expected fourth quarter results, thanks to relief funds
By
Amy Novotney
Feb 19, 2021
Ventas reported fourth-quarter funds from operations 15% higher than analysts expected Thursday, coming in at 83 cents per share. These better-than-anticipated results largely were due to the receipt of...
People in the news, Feb. 16
By
Kimberly Bonvissuto
Feb 16, 2021
Appointments, promotions and news at Bridges by EPOCH, Cadence Living, CareTrust REIT, LeadingAge Illinois, Pathway Health, Sharps Compliance and Sunrise Senior Living.
Assisted living occupancy fell below 80 percent in January: NIC
By
Amy Novotney
Feb 16, 2021
As the effects of the pandemic continue to take a toll on long-term care, occupancy rates within majority assisted living properties fell below 80% in January, according to the latest intra-quarterly snapshot...
CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...
Despite some increase in prospect interest, occupancy improvements still elusive: NIC
By
Amy Novotney
Feb 12, 2021
Although many senior living and care operators have been eagerly anticipating a boost in occupancy as a result of COVID-19 vaccine availability, the upward trend hasn’t hit just yet, according to data...