Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...
Big senior living stories of 2018
By
Lois A. Bowers
Dec 21, 2018
Here’s a look at some of the news that occupied many minds in senior living over the past year.
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.
Workforce issues loom large as 2019 begins, leaders say
By
Lois A. Bowers
Jan 02, 2019
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year...
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...
COVID-19 leads NIC founder Bob Kramer to start new company to ‘rethink aging’
By
Lois A. Bowers
Apr 22, 2020
Bob Kramer transitioned from CEO of the National Investment Center for Seniors Housing & Care in mid-2017, becoming senior adviser to the organization he had co-founded in 1991. At the time, starting a...
‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Senior living’s pandemic losses projected to grow to $30 billion through June
By
Kimberly Bonvissuto
May 24, 2021
Senior living providers have incurred $22.5 billion in pandemic-related costs to date, with uncompensated financial losses expected to grow to $29.8 billion through the first half of this year, according...
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...