AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
ABP looks to buy 20% of Five Star common stock
Oct 03, 2016
ABP Acquisition LLC announced Monday that it intends to make a cash tender offer for up to 10 million shares of common stock of Newton, MA-based Five Star Quality Care at a $3 per share, a 57% premium...
Diversified Healthcare Trust transitions 8 more Five Star properties to new operators
By
Kathleen Steele Gaivin
Aug 25, 2021
As part of Five Star Senior Living’s previously announced plan to exit the management of 108 smaller senior living communities as it focuses on larger communities, Diversified Healthcare Trust has entered...
9 tips for effective arbitration agreements
By
Lois A. Bowers
May 08, 2017
Attorneys working in senior living discuss the benefits of pre-dispute arbitration agreements and share tips for operators creating or reworking theirs.
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
Pittsburgh-based IntegraCare has reached a 100% vaccination rate among staff members at its 13 senior living communities in three states.
Senior living operator mandates COVID-19 booster shots for employees
By
Kimberly Bonvissuto
Sep 10, 2021
A California-based senior living operator has announced a COVID-19 booster shot mandate for its employees, when one becomes available, “to ensure the continued protection of our residents and one another.”
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Name changes bloom in senior living
By
Lois A. Bowers
Jun 22, 2017
For a variety of reasons, many senior living organizations are changing their names. A common idea underlies many of the moves, however.
LeadingAge, 56 other groups call for mandatory COVID vaccination for workers
By
Lois A. Bowers
Jul 26, 2021
LeadingAge joined 56 other healthcare professional associations Monday in calling for a COVID-19 vaccination requirement for long-term care and other healthcare workers.