Almost four years after LeadingAge and Mather LifeWays introduced “life plan community” as an alternative name for “continuing care retirement community,” more education may be needed for prospective residents and their adult children to understand and appreciate the terminology, according to Zion & Zion.
Companies operating in senior living increasingly are taking steps to make their boards and C-suites look more like the customers they serve and the workers who serve them. It’s a smart and welcome approach.
Assisted living was represented in two of the five 2019 Gold – Excellence in Quality Awards announced Friday by the American Health Care Association and National Center for Assisted Living.
Capital Senior Living executives said they are “operating with a tremendous sense of urgency,” in a “challenging” environment Thursday as they released second-quarter results, but they expressed confidence in actions the company is taking to improve performance.
Senior Housing Properties Trust executives said Thursday that they are “really happy and confident” about moves being made at its largest tennant, Five Star Senior Living, under President and CEO Katherine “Katie” Potter, who began in the roles in January.
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Jacksonville, FL-based Aventine Hill Communities is entering a time of corporate expansion with plans to name each new senior living community after “influential loved ones of core staff members,” the company announced Wednesday.
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said Wednesday on the company’s second-quarter earnings call.
The country’s largest senior living company said it will “vigorously” defend itself against a lawsuit filed Wednesday by the U.S. Equal Employment Opportunity Commission alleging that it violated the Americans with Disabilities Act during the hiring process.
Omega Healthcare Investors and CVS Health Corp. executives talked about the importance of senior living to their plans Wednesday on their second-quarter earnings calls.
