Brookdale Senior Living reports 23 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Oct 11, 2023
Brookdale Senior Living reported 23 consecutive months of year-over-year weighted average occupancy growth in an update released Monday.
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Market activity shakes up Argentum’s top 150 largest senior living provider list
By
Kimberly Bonvissuto
Aug 11, 2022
Senior living is making a comeback, according to Argentum’s 2022 list of the largest senior living providers in the country.
LTC may move properties after Brookdale forgoes lease renewal
By
Kimberly Bonvissuto
Feb 28, 2023
LTC Properties announced plans for the potential sale or transition of some of its Brookdale Senior Living properties after the senior living operator elected not to exercise its lease renewal option.
Brookdale Senior Living prevails in shareholder lawsuit over staffing allegations
By
Kimberly Bonvissuto
Jan 25, 2024
A shareholder lawsuit against Brookdale Senior Living alleging misconduct by company officials in trying to meet financial targets cannot move forward following a federal judge’s ruling on Tuesday.
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
Activist shareholder announces intent to vote against long-serving Ventas board members
By
Kimberly Bonvissuto
Apr 25, 2023
Continued dissatisfaction with what he called “lackluster returns” and “long-term underperformance” is leading an activist shareholder to vote against long-serving board members at Chicago-based...
Senior living referral site accused of using manipulated reviews, listing communities providing substandard...
By
Kimberly Bonvissuto
May 17, 2024
A Washington Post analysis says that A Place for Mom recommends communities that have been cited and uses reviews that have been manipulated.
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...