Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Charter Senior Living adds 13 former Cedarhurst communities to portfolio
By
Kathleen Steele Gaivin
May 30, 2024
Naperville, IL-based Charter Senior Living has assumed management of 13 communities in Illinois and Wisconsin.
Invesque continues to sell SNFs in shift to private-pay senior living
By
Kathleen Steele Gaivin
Mar 18, 2024
Invesque continues to sell the skilled nursing facilities in its portfolio to focus predominantly on private-pay senior living, the Fishers, IN-based healthcare real estate company reported in a full-year...
Staff turnover stabilizes year over year for about half of assisted living providers
By
Kathleen Steele Gaivin
Jan 25, 2024
Staff turnover in assisted living has changed little for many providers over the past 12 months, according to findings in the “2023-2024 Assisted Living Salary & Benefits Report,” published by Hospital...
Legislation, lawsuits aim to block overtime rule from taking effect
By
Kathleen Steele Gaivin
Jun 07, 2024
Republican-backed legislation introduced this week in both houses of Congress under the Congressional Review Act, if passed, would block the federal overtime rule from going into effect on July 1.
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
Well-Spring, Brightspire merge to form Kintura
By
Kathleen Steele Gaivin
Mar 20, 2024
The Well-Spring Group and Brightspire, both senior living providers, have signed a binding, definitive agreement to merge, creating a new parent entity to be known as Kintura.
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Ensign Group grows portfolio as Q3 profits expand
By
Kathleen Steele Gaivin
Oct 27, 2023
Skilled nursing, senior living and rehab operating company The Ensign Group added six new operations and four real estate properties during and since the third quarter, “bringing the number of operations...
Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...