COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Intergenerational relationships benefit everyone in them, report says
By
Lois A. Bowers
May 17, 2017
Senior living community residents and children and youth benefit from interacting, according to a new report, which also suggests ways to encourage such relationships.
‘Pervasive’ staffing shortage poses dilemmas for skilled nursing sector
By
Kathleen Steele Gaivin
Oct 25, 2021
Staffing shortages have become “pervasive” nationwide since the pandemic began, and the acute shortage of nursing staff and aides in skilled nursing facilities likely has not hit rock bottom yet, National...
Improving indoor air quality is new focus of national COVID-19 mitigation strategy
By
Kimberly Bonvissuto
Dec 07, 2022
Improving indoor air quality is one of the best ways to reduce the large toll that respiratory viruses are taking on older adults and other vulnerable populations. But current regulations are “simply...
Former Assisted Living Concepts CEO sues company for $900K
By
Lois A. Bowers
Sep 15, 2015
Laurie Bebo is suing the company for almost $900,000 to cover the legal fees and related expenses she has accumulated as part of a federal civil lawsuit against her and her own, related lawsuit against...
Five Star agreement is ‘best possible solution’ to financial issues, SNH says
By
Lois A. Bowers
Apr 03, 2019
A new agreement between Five Star Senior Living and Senior Housing Properties Trust (SNH) that converts 261 communities from triple-net leases to a RIDEA structure and gives the real estate investment...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Third-quarter earnings snapshot: CareTrust REIT, Invesque, National Health Investors
By
Kathleen Steele Gaivin
Nov 10, 2022
CareTrust REIT, Invesque and National Health Investors held earnings calls Wednesday. Here’s a snapshot.
Earnings call wrap-up: Welltower, LTC Properties
By
Kathleen Steele Gaivin
Feb 17, 2023
Real estate investment trusts Welltower and LTC Properties reported Thursday on their fourth-quarter and full-year 2022 earnings.
Proposed merger ‘best opportunity’ for DHC to handle debt, Francis says
By
Kathleen Steele Gaivin
Aug 03, 2023
Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust is expected to close after shareholders vote Aug. 30, the real estate investment trust’s president, CEO and managing...