CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Congress should create national database about older adults in guardianships, group says
By
Lois A. Bowers
Apr 01, 2024
Congress should create and fund a national database that contains demographic data about older adults who have guardians, recommends a new white paper from Justice in Aging.
MFCU efforts result in 20 convictions, $9.41 million in recoveries related to assisted living in FY 2023:...
By
Lois A. Bowers
Mar 18, 2024
Efforts by state Medicaid Fraud Control Units resulted in a total of 20 criminal convictions and $9.41 million in criminal case recoveries related to assisted living in fiscal year 2023, according to a...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
First-ever survey of LGBTQIA+ older adults cheered by senior living provider groups
By
Lois A. Bowers
Jan 29, 2024
A planned first-ever statewide survey of LGBTQIA+ older adults in California is drawing cheers from senior living industry advocates.
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
‘Plain vanilla’ senior living still won’t do
By
Lois A. Bowers
Dec 18, 2023
As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
DOJ accuses South Carolina of unnecessarily segregating adults with mental illness in assisted living
By
Lois A. Bowers
Jul 10, 2023
The state of South Carolina violates the Americans with Disabilities Act by unnecessarily segregating adults with serious mental illness in assisted living communities, the US Department of Justice said...