Capital Senior Living suspends director equity awards
By
Amy Novotney
Mar 30, 2020
In light of the current economic conditions, the Board of Directors for Capital Senior Living on Monday approved a temporary suspension of equity awards to any director or officer of the company. The Compensation...
Business briefs for Tuesday, March 31
Mar 30, 2020
More seniors housing buyers opting for self-managed units … Vi partners with hotels to provide jobs for displaced hospitality workers … Insurance premiums could spike as much as 40% next year … Government...
Rethinking the healthcare workforce amid COVID-19
By
Amy Novotney
Mar 30, 2020
Healthcare organizations around the nation are scrambling to stay on top of the COVID-19 pandemic. Many facilities are finding that adequate staffing — a hurdle in the best of times — has become...
Boutique apartment community provides seniors housing alternative during pandemic
By
Amy Novotney
Mar 30, 2020
Senior living communities may have some new competition as the coronavirus pandemic continues to spread, according to an article in BisNow.
Business briefs for Monday, March 30
Mar 30, 2020
U.S. consumer sentiment falls by most since 2008 … Construction companies lobbying to keep working through pandemic … Hedge Fund billionaire: Shut down the economy for a month … Fed officials remain...
Transparency and patience key during pandemic: NIC panelists
By
Amy Novotney
Mar 26, 2020
Patience and information sharing will be essential for senior living organizations hoping to survive this ongoing pandemic, so claimed panelists during a webinar Thursday focused on COVID-19 and financial...
JAMA: COVID-19 likely to test postacute services
By
Amy Novotney
Mar 27, 2020
Many patients with COVID-19 will need postacute care to recuperate from their infection. However, postacute care facilities currently lack the capacity and capability to safely treat patients with COVID-19...
Private equity firms halt dealmaking amid COVID-19
By
Amy Novotney
Mar 27, 2020
Many private equity firms are turning their attention away from mergers and acquisitions to focus on the needs of its current portfolio holdings amid the market’s uncertainty around the coronavirus pandemic,...
Business briefs for Friday, March 27
Mar 27, 2020
U.S. stocks jump as coronavirus stimulus bill offsets dismal jobless-claims report … Fitch webinar panel: COVID-19 elective surgery delays will put pressure on short-term rehab facilities … Hospitals,...
Despite recent increases, Brookdale shares down 91% in five years
By
Amy Novotney
Mar 26, 2020
Investors who purchased stock in Brookdale Senior Living five years ago have seen their shares in the company fall by 91% during that time, according to an analysis posted Wednesday by Simply Wall St....