Momentum building despite pandemic headwinds: Pennant Group
By
Kimberly Bonvissuto
May 11, 2022
Pennant CEO Daniel Walker said the Eagle, ID, holding company’s first-quarter earnings results “reflect the momentum building” in its portfolio.
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Operator cites pandemic in ending assisted living services
By
Kimberly Bonvissuto
Apr 25, 2022
A California senior living community is blaming the pandemic in announcing the end of its assisted living services after 60 years.
‘Senior Living Cares’ campaign launches to aid older adults in Ukraine
By
Lois A. Bowers
Apr 20, 2022
Argentum, the American Seniors Housing Association, the National Investment Center for Seniors Housing & Care and Health Dimensions Group have joined forces with CARE to raise funds to help older adults...
Public health emergency extended 90 more days
By
Lois A. Bowers
Apr 14, 2022
The federal public health emergency related to COVID-19 is being renewed effective Saturday, when the existing one was set to expire, the Department of Health and Human Services announced Wednesday.
COVID-19 negligence claims against long-term care providers ‘disregard reality’
By
Kimberly Bonvissuto
Apr 13, 2022
A COVID-19 negligence suit against a Wisconsin assisted living community is just one of many legal actions facing long-term care facilities across the country.
Bankruptcies, defaults reveal senior living ‘still struggling to get back on its feet’
By
Kimberly Bonvissuto
Apr 07, 2022
The probability of default across most U.S. business sectors increased in the first quarter, but the healthcare sector — including senior living — is projecting the highest probable default rate,...
Choice, flexibility keys to improving access to affordable senior housing: report
By
Kimberly Bonvissuto
Apr 06, 2022
Policies at all levels of government focused on choice, flexibility and cost-effectiveness are necessary to improve access to affordable senior housing, according to a new report.
