Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
75 percent of Invesque properties now senior living, CEO says
By
Kathleen Steele Gaivin
Mar 17, 2023
Seventy-five percent of Invesque’s properties as of the end of 2022 are senior living communities — independent living, assisted living and memory care, Chairman and CEO Scott White said Thursday during...
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Rockwood, Doyenne JV to invest $100M in senior living communities
By
Kathleen Steele Gaivin
Jan 18, 2023
A joint venture between New York-based Rockwood Capital and Chicago-based Doyenne Healthcare Capital will invest $100 million in equity into senior housing communities across the country, the companies...
VIUM Capital exceeds its expectations, with $2.1 billion in transactions, marking record year
By
Kathleen Steele Gaivin
Jan 04, 2023
VIUM Capital closed 70 transactions totalling $2.1 billion in 2022, marking a record year for the young company.
Resident advocates call for reforms after announced closing of assisted living community
By
Kathleen Steele Gaivin
Apr 28, 2022
The impending closure of a Beverly, MA, assisted living community highlights the need for additional regulations to protect assisted living residents, according to advocates for older adults in the state.
Turnover rates among assisted living staff hold steady for most operators: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Turnover rates among assisted living staff members were stable for the most part in 2022, according to the 25th annual Assisted Living Salary & Benefits Report by Hospital & Healthcare Compensation Service.
Senior living company focuses on ‘upside’ of getting older
By
Kathleen Steele Gaivin
Dec 01, 2022
Peter Badgley and Jake Rothstein founded start-up company Upside two years ago, billing the firm as a “new category of senior living.”
Smaller is better, says this senior living operator
By
Kathleen Steele Gaivin
Apr 17, 2023
Bringing a smaller, home-like feel to assisted living and memory care has become a mission for Brandon Schwab, founder and CEO of Crystal Lake, IL-based Shepherd Premier Senior Living, the operating company...