Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Healthpeak Properties closes merger with Physicians Realty Trust
By
Lois A. Bowers
Mar 01, 2024
Healthpeak Properties closed today on its previously announced merger with Physicians Realty Trust, as expected, the Denver-based real estate investment trust announced this morning.
People in the news, May 28
May 28, 2024
Appointments, promotions and other news at Benchmark Senior Living, DiningRD, LeadingAge North Carolina, LCB Senior Living, Lifespace Communities, Morning Pointe Senior Living, Welltower, Westminster-Canterbury...
People in the news, Jan. 8
Jan 09, 2024
Appointments, promotions and other news at Benchmark Therapies, Cape Retirement Community, Centerline Healthcare Partners, Claiborne Senior Living, Charter Senior Living, Erickson Senior Living, Integral...
$3 million from NIC will help Milken Institute ‘develop bold new models’ for senior housing and care
By
Lois A. Bowers
Nov 07, 2023
Funding of $3 million from the National Investment Center for Seniors Housing & Care will establish a new effort at the Milken Institute to “develop bold new models of housing, healthcare and community...
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Brookdale Senior Living prevails in shareholder lawsuit over staffing allegations
By
Kimberly Bonvissuto
Jan 25, 2024
A shareholder lawsuit against Brookdale Senior Living alleging misconduct by company officials in trying to meet financial targets cannot move forward following a federal judge’s ruling on Tuesday.
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...