Outlook for senior living and care ‘somewhat mixed,’ Ziegler predicts
By
Kathleen Steele Gaivin
Feb 15, 2024
This year’s economic challenges for senior living and care will be “somewhat mixed,” according to specialty investment bank Ziegler’s annual recap of the previous year and predictions for the year...
Updated: Brookdale Senior Living makes leadership changes, shares financial expectations
By
Lois A. Bowers
Jan 13, 2023
Brentwood, TN-based Brookdale Senior Living announced several leadership changes Friday morning to “drive improved efficiency and better align our expenses with revenue.”
Aegis Living’s latest community is ‘setting new standards’ for ‘going green’
By
Kimberly Bonvissuto
Aug 09, 2022
The “world’s greenest” senior living community opened in Seattle on Monday, according to Bellevue, WA-based Aegis Living.
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
Conquering senior living, a step at a time
By
Lois A. Bowers
Dec 01, 2017
How do you stay relevant for nearly three decades? It helps if you focus on changing needs. As Gurwin Jewish Nursing & Rehabilitation Center celebrates its 29th anniversary, read our exclusive interview...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
Healthcare, social assistance industries No. 2 in wage and hour prosecutions
By
Lois A. Bowers
Nov 07, 2016
Businesses in the healthcare and social assistance industries are the second most likely to be prosecuted by the Department of Labor for wage and hour violations, according to data from 1985 and later.
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...
Strange bedfellows?
By
John Andrews
Oct 01, 2017
Once primarily a skilled-care service, rehab is increasingly entering the senior living domain as communities tout their therapeutic excellence as a marketing and admissions differentiator.