Senior living industry tells federal lawmakers of ‘unprecedented’ financial issues
By
Kimberly Bonvissuto
Mar 27, 2023
A recent House hearing on healthcare inflation drew no shortage of comments from groups including the senior living industry sharing experiences with escalating costs.
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
Meet Mary Alice Ryan, Hall of Honor inductee
By
James M. Berklan
Jul 16, 2020
Mary Alice Ryan, president and CEO, St. Andrew’s Resources for Seniors System, St. Louis, is a member of the 2020 McKnight’s Women of Distinction Hall of Honor.
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Contingent employees could save post-acute care $20 billion in lost revenue this year
By
Kathleen Steele Gaivin
Jun 03, 2022
The post-acute care sector could lose up to $19.5 billion in revenue this year because of lower occupancy rates (which are down 14% since 2020) due to understaffing, predicts a new report.
What should I focus on?
By
Jim Moore
Apr 01, 2017
Here are five key areas.
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Healthcare Trust moves 20 Addington Place communities from Cedarhurst to Senior Lifestyle, Jaybird
By
Kathleen Steele Gaivin
Mar 04, 2022
Healthcare Trust Inc. announced Wednesday that it has transitioned management of 20 Addington Place-branded senior living communities to Senior Lifestyle Corp. and Jaybird Senior Living, effective March...