Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
PwC Survey: CFOs expect permanent changes following pandemic
By
Amy Novotney
Apr 30, 2020
Chief financial leaders across the nation are expecting broad changes in their workplace, workflows, staffing demands, financial outlook and merger and acquisition strategy following the COVID-19 pandemic....
New Senior raises full-year expectations after solid third quarter
By
Amy Novotney
Nov 02, 2020
Despite continued occupancy declines and additional expenses related to COVID-19, New Senior Investment Group said it was raising its full-year expectations for its adjusted funds from operations Friday...
COVID-19 likely to be a driving force in lenders’ economic perceptions: survey
By
Amy Novotney
Oct 13, 2020
Despite some experts indicating that the outlook for the U.S. economy is more favorable for the rest of 2020, less than one in four lenders expect their loan portfolios to improve from a risk rating perspective....
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...
Only ‘very small percent’ of LTC providers will require staff to get COVID vaccine: LeadingAge poll
By
Amy Novotney
Jan 04, 2021
An informal poll conducted late last month by one LeadingAge state partner found that only a very small percent of long-term care operators plan to require a COVID-19 vaccine as a condition of employment,...
Most of its portfolio faces low risk from COVID-19, Healthpeak says
By
Amy Novotney
Mar 17, 2020
Healthpeak Properties reports that it sees varying amounts of risk from the COVID-19 outbreak across its business segments, according to a presentation posted Monday on the company’s website. Company...
CEO optimism on economic outlook at its lowest level since 2009
By
Amy Novotney
Jul 02, 2020
CEOs at major U.S. companies have expressed a level of pessimism on the economic outlook not seen in 11 years, according to a quarterly survey from Business Roundtable.