Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
Assisted living CEO salaries up 2 percent
By
Lois A. Bowers
Jan 24, 2024
Average salaries for assisted living community presidents/CEOs across the country increased 2% over the past year, up from the 1.33% increase that the executives received in the previous year but down...
McKnight’s Women of Distinction class of 2023 welcomes 16 Rising Stars
By
Lois A. Bowers
Feb 14, 2023
Sixteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 22 as part of the fifth annual McKnight’s Women of Distinction awards.
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
McKnight’s Women of Distinction Hall of Honor gains 21 in 2023
By
Lois A. Bowers
Feb 16, 2023
Twenty-one women are being announced today as 2023 inductees into the McKnight’s Women of Distinction Hall of Honor.
16 Veteran VIPs are part of 2023 McKnight’s Women of Distinction class
By
Lois A. Bowers
Feb 15, 2023
Sixteen women working in senior living, skilled nursing or home care are being announced today as the third class of Veteran VIPs in the annual McKnight’s Women of Distinction awards program.
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
‘There’s always tension’: NCAL addresses fears of increased federal regulation of assisted living
By
Lois A. Bowers
Kimberly Marselas
Jun 07, 2023
Lobbying federal decision-makers for legislation that would benefit the assisted living sector may come with some risk of increased federal scrutiny, American Health Care Association / National Center...