Drug company involving senior living parent companies now has name, CEO, financing, Rx targets
By
Lois A. Bowers
Sep 10, 2018
The not-for-profit generic drug company that parent organizations of senior living community operators and others announced in January now has a name, a CEO, $30 million in support from three national...
Regulators seek to revoke licenses over wildfire response; operator says allegations are ‘unfounded’
By
Lois A. Bowers
Sep 07, 2018
California regulators plan to revoke the licenses for two senior living communities where they say administrators and staff members abandoned some residents during a wildfire in October. The communities’...
Yakov Smirnoff proposes senior living development in Branson, MO
By
Lois A. Bowers
Sep 07, 2018
Comedian Yakov Smirnoff has proposed replacing his eponymous theater in Branson, MO, with a mixed-use development, named Yakov Towers, that would include a senior living community.
Former CCRC resident gets probation, fine for ricin possession
By
Lois A. Bowers
Sep 07, 2018
The former resident of a Vermont continuing care retirement community who previously admitted to making, storing and using ricin on fellow residents at the community has been sentenced, the Office of the...
Brookdale Senior Living still tops ASHA 50 lists of owners and operators
By
Lois A. Bowers
Sep 06, 2018
Brookdale Senior Living once again tops the American Seniors Housing Association’s lists of largest senior living owners and operators, which were released Wednesday.
Operations, profitability remain stable for CCRCs, Fitch says
By
Lois A. Bowers
Sep 06, 2018
Operations and profitability remain stable for U.S. continuing care retirement communities, according to a newly released report from Fitch Ratings. Ratings pressure could be on the way, however.
Some older adults using Facebook less
By
Lois A. Bowers
Sep 06, 2018
Facebook may become a less effective way of reaching prospective senior living residents and their family members if current conditions hold, suggest recently released survey results from the Pew Research...
Ovation pilots senior living workforce program with eye toward replication
By
Lois A. Bowers
Sep 05, 2018
A Wisconsin senior living operator is piloting a program it hopes other providers ultimately will be able to replicate to address workforce shortages across the country.
Regional Health Properties threatened with delisting by stock exchange
By
Lois A. Bowers
Sep 05, 2018
Regional Health Properties is at risk of being delisted from a stock exchange again but plans to take steps to regain compliance, the company shared in a Friday filing with the Securities and Exchange...
From CCRC to maternity
Sep 05, 2018
An expansion at a New Jersey continuing care retirement community will benefit expectant mothers and their babies in Africa. Read more, and find out how to submit your photos!