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...
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.
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.
New anti-doxxing law covers assisted living workers
By
Kimberly Bonvissuto
Mar 30, 2022
Assisted living and other healthcare workers are among those now eligible for an added layer of protection under a new anti-doxxing law signed last week by Colorado Gov. Jared Polis (D).
Pandemic crisis ‘far from over’ in senior living, Argentum tells White House
By
Kimberly Bonvissuto
Mar 25, 2022
While the nation turns the page on the crisis stage of the COVID-19 pandemic, Argentum is asking the Biden administration to redouble its efforts to help vulnerable older adults and their frontline caregivers.
$413 million in Provider Relief Fund payments welcome news, but ‘extreme frustration’ remains
By
Kimberly Bonvissuto
Mar 24, 2022
An announcement about the distribution of $413 million in Phase 4 Provider Relief Fund payments this week is welcome news, but it did little to quell the “extreme frustration” senior living providers...