Hiring frenzy: Brookdale and other senior living operators seek to address labor shortage with displaced...
By
Amy Novotney
Apr 09, 2020
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates...
Brookdale turns over operations of several facilities as part of its ongoing portfolio optimization initiative
By
Amy Novotney
Feb 05, 2021
Brookdale Senior Living’s ongoing efforts to optimize its portfolio has led the Brentwood, TN-based firm to transition the operations of several communities over the last several months.
Brookdale’s December occupancy drops to 71.5%
By
Amy Novotney
Jan 13, 2021
Brookdale Senior Living reported new occupancy lows as 2020 ended, with a December weighted average occupancy and month-end occupancy of 71.5%.
Brookdale to pay $3.25 million in 10-facility settlement over alleged illegal practices
By
Amy Novotney
Mar 15, 2022
Brentwood, TN-based Brookdale Senior Living has reached a $3.25 million settlement with the state of California in response to a legal action filed last year accusing Brookdale of lying to the Centers...
Brookdale looking to divest its home health and hospice segment: report
By
Amy Novotney
Dec 15, 2020
Brookdale Senior Living is reportedly looking to unload its home health and hospice segment, according to an article Monday in PE Hub. Sources said to be familiar with the process noted that the move would...
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
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....
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Business briefs for Thursday, April 30
Apr 30, 2020
Pandemic brings largest quarterly GDP drop since last recession … Brookdale hit with another lawsuit over understaffing … IL nursing home workers plan strike over deficient PPE, hazard pay … Mogharebi...
Pegasus Senior Living joins growing list of senior housing operators to mandate COVID-19 vaccines for...
By
Amy Novotney
Sep 03, 2021
Dallas-based Pegasus Senior Living this week joined a growing list of senior living providers requiring that staff members be vaccinated against COVID-19. The firm announced Monday that all employees must...