BREAKING NEWS: Omnicare parent CVS Health to lay off almost 3,000 employees
By
Lois A. Bowers
Oct 01, 2024
CVS Health, the parent company of long-term care pharmacy Omnicare, is planning to lay off approximately 2,900 employees as it faces “continued disruption, regulatory pressures and evolving consumer...
Heroes emerge as providers enter Hurricane Helene recovery mode
By
Kimberly Bonvissuto
Oct 01, 2024
Heavy rains pelted the southeastern United States for several days after Hurricane Helene hit the Florida Gulf Coast. And although some areas experienced life-threatening conditions and flooding, senior...
Brookdale Senior Living to acquire 41 communities for $610 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will acquire 41 communities for $610 million, the company announced Monday morning.
Brookdale Senior Living to buy 18 communities from Diversified Healthcare Trust for $135 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will pay $135 million to buy 18 senior living communities from Diversified Healthcare Trust, the Newton, MA-based real-estate investment trust has announced.
More than ADLs: Assisted living now is about treatment, Silverado CEO says
By
Lois A. Bowers
Sep 30, 2024
Assisted living is a “whole different world” compared with 28 years ago, Silverado CEO Loren Shook told those attending a session at the National Investment Center for Seniors Housing & Care’s...
‘Far more people’ receive HCBS than institutional services, CMS says
By
Lois A. Bowers
Sep 30, 2024
“Far more people” received home- and community-based services such as those provided in some assisted living communities and other settings than institutional services such as those provided in nursing...
Senior living residents use AI to create original children’s stories
By
Kimberly Bonvissuto
Sep 30, 2024
Affordable senior housing residents are writing and publishing original children’s stories with a little help from information technology and artificial intelligence.
Active adult emerging as important part of senior living continuum
By
Kimberly Bonvissuto
Sep 27, 2024
Age-qualified, active adult rental communities are evolving as a property type and now are recognized as an important part of the senior living continuum, according to a panel of experts who explored the...
CCRC earns nation’s first certification as a University Based Retirement Community
By
Kimberly Bonvissuto
Sep 27, 2024
An Arizona continuing care retirement / life plan community has been awarded the nation’s first certification as a University Based Retirement Community for meeting all eligibility criteria for senior...
Experts share keys to present, future success in developing for the middle market
By
Kimberly Bonvissuto
Sep 25, 2024
Meeting middle-income older adults’ needs for housing and services involves many challenges and opportunities, and senior living and care operators must be part of the solution, according to experts...