Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
Genesis reports 7% occupancy decline in April; additional reductions expected
By
Danielle Brown
May 27, 2020
Genesis Healthcare is now requiring new or readmitted residents to be placed in quarantine units for 14 days before being transitioned into the general population at a facility in response to the COVID-19...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
PwC Survey: CFOs expect permanent changes following pandemic
By
Amy Novotney
Apr 30, 2020
Chief financial leaders across the nation are expecting broad changes in their workplace, workflows, staffing demands, financial outlook and merger and acquisition strategy following the COVID-19 pandemic....
State high court decisions keep COVID immunity in play but define scope
By
Kimberly Marselas
Aug 14, 2023
Connecticut’s highest court has offered a mixed ruling for a nursing home that sought dismissal of a wrongful death suit under a state provision limiting COVID-era liability. The rulings put senior...
Calls for COVD-19 vaccination mandates for long-term care workers draw mixed reactions
By
Kathleen Steele Gaivin
Jul 27, 2021
Fifty-seven healthcare organizations, including LeadingAge, which represents more than 5,000 nonprofit aging services providers, issued a joint statement Monday calling for long-term care and other healthcare...
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
New Senior raises full-year expectations after solid third quarter
By
Amy Novotney
Nov 02, 2020
Despite continued occupancy declines and additional expenses related to COVID-19, New Senior Investment Group said it was raising its full-year expectations for its adjusted funds from operations Friday...
COVID-19 likely to be a driving force in lenders’ economic perceptions: survey
By
Amy Novotney
Oct 13, 2020
Despite some experts indicating that the outlook for the U.S. economy is more favorable for the rest of 2020, less than one in four lenders expect their loan portfolios to improve from a risk rating perspective....