Omega Healthcare Investors reaches deal with estate of late Maplewood Senior Living CEO
By
Lois A. Bowers
Aug 05, 2024
Omega Healthcare Investors has reached a deal with the estate of Greg Smith, the late president and CEO of Maplewood Senior Living, to transition control of Maplewood to some members of the existing Maplewood...
Omega Healthcare Investors sees positive momentum with agency labor use down, occupancy up
By
Kimberly Bonvissuto
May 06, 2024
Omega Healthcare Investors sees positive momentum in its core portfolio of senior living communities and skilled nursing facilities as agency labor use declines and occupancy continues its steady improvement,...
Operator restructurings continue to affect Omega’s operating performance: CEO
By
Kimberly Bonvissuto
Feb 09, 2024
Omega Healthcare Investors’ fourth-quarter 2023 operating performance continued to improve as occupancy moved past 80% in its core portfolio of senior living communities and nursing homes, but restructuring...
Maplewood Senior Living achieves 95 percent occupancy across senior housing portfolio
By
Kathleen Steele Gaivin
Dec 18, 2023
Maplewood Senior Living has reached a 95% average occupancy rate across its senior housing portfolio (independent living, assisted living and memory care), with multiple communities currently at 100% occupancy,...
Maplewood Senior Living continues to struggle but sees path forward
By
Kimberly Bonvissuto
Nov 06, 2023
Omega Healthcare Investors continued to see financial performance that exceeded its expectations in the third quarter, executives of the Hunt Valley, MD-based real estate investment trust said Friday,...
Data CEO emphasizes key provider traits that make AI work in healthcare
By
Aaron Dorman
Oct 04, 2023
The key to building trust in AI services for healthcare provides involves transparency and integration into existing systems, one data CEO suggests.
Business briefs, Sept. 28
By
Kathleen Steele Gaivin
Sep 28, 2023
Diversified Healthcare Trust announces personnel changes as it considers next steps in wake of failed merger … Newly formed Senior Living Transformation Company partners with Omega Healthcare Investors...
2023 McKnight’s Tech Awards: Carolina Meadows nabs Best in Show, Gold; winners lauded in 5 categories
By
Lois A. Bowers
Sep 21, 2023
An entry from Chapel Hill, NC, continuing care retirement community Carolina Meadows was named Best in Show in the 2023 McKnight’s Excellence in Technology Awards during a virtual ceremony on Wednesday...
Maplewood Senior Living $2 million behind in rent, Omega Healthcare Investors says
By
Kimberly Bonvissuto
Aug 04, 2023
Second-quarter financial performance for Omega Healthcare Investors “exceeded our expectations,” as some restructured operators returned to paying rent and other operators paid additional unanticipated...
Omega 2Q financials ‘exceeded expectations,’ CEO says
By
Kathleen Steele Gaivin
Aug 04, 2023
Hunt Valley, MD-based Omega Healthcare Investors’ revenue for the second quarter was $250 million compared with $245 million for the same quarter a year ago, Chief Financial Officer Robert O. Stephenson...