‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Enlivant to lay off 284 corporate employees amid financial restructuring
By
Kimberly Bonvissuto
Jun 12, 2023
Senior living operator Enlivant is laying off 284 employees at its Chicago corporate support center, according to a notification the company filed with the Illinois state government.
Business briefs, June 12
By
Kathleen Steele Gaivin
Jun 12, 2023
Enlivant laying off 284 corporate employees … Brookdale reports May occupancy … Bassett Healthcare Network, Hartwick College launch joint nursing degree incentive program … CommuniCare, staffing...
Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.
Sabra, TPG negotiate financial restructuring for Enlivant JV
By
Kathleen Steele Gaivin
Apr 04, 2023
After an audit revealed “substantial doubt” about future viability of the Enlivant portfolio, the joint venture of Sabra Health Care REIT and TPG Real Estate is looking at restructuring its financing.
More news for Thursday, Feb. 9
Feb 09, 2023
Workforce issues a theme of State of the Union address and industry reaction to it … Enlivant earns WELL health-safety rating for second consecutive year … CVS Health, Healthpeak Properties hold earnings...
Business briefs, Feb. 9
By
Kathleen Steele Gaivin
Feb 09, 2023
Enlivant earns WELL health-safety rating for second consecutive year … Nursing home owes $69K in overtime, damages to 45 employees … Former hospital building found not suitable for affordable senior...
Former nursing director able to embezzle $420,000 after computer access not cut off when she was fired
By
Kimberly Bonvissuto
Jan 18, 2023
A senior living community nursing director was able to embezzle thousands of dollars from her former employer after being fired, in part because the community did not immediately disable her access to...
Big senior living stories of 2022
By
Lois A. Bowers
Dec 22, 2022
Here are some of the major stories that affected senior living providers in 2022.