Lois A. Bowers
As Lucinda "Cindy" Baier prepares to lead Brookdale Senior Living, the company's short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative expenses, increasing automation and the use technology where possible, and moving more decisions to the community level when deemed appropriate. She spoke with McKnight's Senior Living on Thursday.
The senior living industry, with innovation and imagination, could drive a new era of healthful aging, one of the authors of a new report from the Milken Institute told McKnight's Senior Living. "But things must change," she added.
Editorial staff members of McKnight's Senior Living are finalists for a Jesse H. Neal Award, often referred to as "the Pulitzer Prize of business media."
LeadingAge's board chair talks about the labor and policy challenges operators must face.
If anyone in senior living or long-term care is screaming in relation to the results of this year's Fellowship Matches, they are screams of despair.
The severe flu season and supply issues that seem to be affecting occupancy among some senior living operators don't appear to be having as much of an effect in National Health Investors' portfolio, leaders of the real estate investment trust said Friday during an earnings call.
Land & Buildings will be "closely monitoring" the progress that Brookdale Senior Living is making on its efforts to sell some or all of its assets, activist shareholder Jonathan Litt, founder and chief investment officer of the registered investment manager, said Friday in a public letter to fellow shareholders.
Enrollment shifts from private health insurance to Medicare as baby boomers continue to age into the program will help drive average annual growth of 5.5% in national health spending and enrollment from 2017 to 2026, according to new estimates released Wednesday by the Centers for Medicare & Medicaid Services. Projections include spending related to nursing care facilities and continuing care retirement communities.
Omega Healthcare Investors counts among its strengths one of its senior living partners, CEO Taylor Pickett told those participating in an earnings call on Wednesday. But the REIT's portfolio continues to be dominated by skilled nursing.
Memory care will be the biggest growth area in senior living and long-term care in 2018, predict executives participating in Lancaster Pollard's "2018 Seniors Housing and Care Survey," the results of which were released Tuesday.
Real estate investment trust HCP is selling six Brookdale Senior Living properties to Brookdale and selling or transitioning 68 other Brookdale properties to other operators, REIT executives said Tuesday during an earnings call.
Sunrise Senior Living, Holiday Retirement and Capital Senior Living had the highest scores in the inaugural study of senior living conducted by J.D. Power, the consumer research company announced Monday.
The increased attention brought by a recent GAO report may be uncomfortable for those in the assisted living industry in the short term, but the health policy experts with whom I spoke suggest that the report ultimately could be good news for operators.
A "severe" flu season and a "mismatch of supply and demand" will continue to affect occupancy and net operating income in Ventas' seniors housing portfolio in the short term, the real estate investment trust's executives predicted Friday during a fourth-quarter earnings call.
The Ensign Group saw the highest adjusted earnings per share in its history in the fourth quarter of 2017, and assisted living and independent living had much to do with it, Ensign President, CEO and Director Christopher Christensen said Friday during an earnings call.
A report released Monday by the Government Accountability Office contains a to-do list for the Centers for Medicare & Medicaid Services related to state reporting of deficiencies in care and services provided to Medicaid beneficiaries in assisted living communities. Some federal lawmakers and consumer advocates, however, say they will push for changes in assisted living because of the report's findings.
A new report about federal oversight of Medicaid beneficiaries who live in assisted living communities is "new territory" for the Government Accountability Office, the report's author told McKnight's Senior Living.
As the New England Patriots and Philadelphia Eagles faced off Sunday in the biggest football matchup of the season, the Government Accountability Office was preparing to release a long-awaited report that could have states, the Centers for Medicare & Medicaid Services and the assisted living industry playing defense.
Minnesota will have a new assisted living license and new dementia care certification in less than two years if Gov. Mark Dayton and state lawmakers follow the recommendations contained in a new report from a task force appointed by the governor to address concerns related to elder abuse.
Four healthcare giants — among them the parent companies of senior living community operators — have joined together to form a new nonprofit generic drug company that will aim to benefit senior living residents and others.
Associations representing assisted living operators in Florida have agreed to drop their legal challenges to a rule requiring them to install generators for resident safety during power outages. Instead, they will support a revised proposed rule issued Friday by the state Department of Elder Affairs, Gov. Rick Scott announced Tuesday.
One of the country's largest senior living operators may be on the verge of getting even bigger in an effort to meet the challenges of an era of "unprecedented change" in healthcare.
During a weekend in which the federal government shutdown dominated the news, a bright spot emerged when Atria Senior Living residents and employees wished actress Kristen Bell good luck hosting Sunday night's Screen Actors Guild Awards. See the video and read more about the shutdown, too.
The man behind a proposal that would add a "Nursing Home and Assisted Living Facility Residents' Bill of Rights" to the Florida constitution says it is an effort to "establish a situation where the rights of residents of long-term care facilities are at least on par with the rights of everyone else." At least one organization representing care and service providers, however, describes the proposal as "nothing more than an avaricious ploy by trial lawyers to profit from increased lawsuits."
The Virginia Department of Social Services would study independent living communities to see whether state regulation and oversight would "help to ensure that residents ... are adequately protected" if a joint resolution introduced in the state legislature passes.
A new report from the Government Accountability Office recommends that Centers for Medicare & Medicaid Services Administrator Seema Verma ensure that no conflicts of interest exist among entities that conduct the needs assessments that are used to determine eligibility for Medicaid home- and community-based services and to develop HCBS plans of service.
This year's flu statistics are scary. Vaccination could protect you, co-workers, residents and the livelihood of your senior living community.
An act of generosity unexpectedly thrust one senior living CEO into the media spotlight, and he's using the opportunity to "spread a message of kindness."
What does the new year hold for senior living? I recently spoke with an industry expert to gain her perspective.
The Labor Department, in its fall regulatory plan, said it expects to issue a notice of proposed rulemaking in October.