Atria credits 98 percent employee COVID vaccination rate in part to mandate as operators take various...
By
Kimberly Bonvissuto
Lois A. Bowers
May 07, 2021
Atria Senior Living announced a 98% COVID-19 vaccination rate among its almost 10,000 staff members on Thursday, crediting an employee mandate, on-site clinics and its Sleeve-Up initiative. The announcement...
HCP sets a course for the future as it reduces exposure to Brookdale
By
Lois A. Bowers
May 04, 2018
It may be several years before demand catches up with supply in senior housing, but HCP expects to outperform the competition through five major initiatives, Executive Vice President and Chief Investment...
NorthStar investor calls plans ‘farcical’
By
Lois A. Bowers
Mar 22, 2016
NorthStar Asset Management Group’s March 21 announcement that its board of directors had formed a special committee to consider ways to regain value for shareholders has been met with skepticism...
CNA charged for plan to tape sexual assaults on residents
By
Lois A. Bowers
Jan 20, 2016
A former certified nursing assistant at an Illinois assisted living and memory care community has been arraigned on charges that he hired three men to have sex with female residents with dementia while...
Assisted, independent living ‘critical part’ of Ensign’s success in fourth quarter,...
By
Lois A. Bowers
Feb 12, 2018
The Ensign Group saw the highest adjusted earnings per share in its history in the fourth quarter of 2017, and assisted living and independent living had much to do with it, Ensign President, CEO and Director...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
3 ways to improve employee engagement
By
Lois A. Bowers
Jun 27, 2017
Supervisors in senior living are more engaged at work than are their peers in corporate America, but the industry will need to do better if it wants to reduce turnover in the field, according to one expert.
Where turnover is highest, lowest in assisted living
By
Lois A. Bowers
Jan 24, 2017
A new report reveals which positions in assisted living communities saw the greatest and least turnover last year and whether the rate increased, decreased or stayed the same over the past 12 months.
Capital Senior Living says new CEO Kimberly Lody is ‘right leader at right time’
By
Lois A. Bowers
Jan 09, 2019
Kimberly S. Lody has been appointed president and CEO of Dallas-based Capital Senior Living Corp., effective immediately, the company announced Tuesday morning. Read our exclusive interview.
Community operators, employees part of ‘abhorrent cover-up’ of alleged $700,000 theft from...
By
Lois A. Bowers
Dec 06, 2019
Attorneys for a woman with dementia who allegedly had more than $700,000 stolen from her by employees of the Chicago assisted living and memory care community where she lived filed a lawsuit Thursday against...