State bills aim to address senior living workforce, access, dementia issues
By
Kimberly Bonvissuto
May 15, 2024
As the nation’s population of older adults increases the demand for senior living and other forms of long-term care, states are stepping up to provide solutions and resources to address some hot topic...
First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say
By
Kimberly Bonvissuto
May 13, 2024
Sonida Senior Living ended the first quarter with significant momentum toward its growth goals and swiftly moved into growth mode in the second quarter, providing a “clear line of sight” into further...
New AI assistant promises to bridge service gaps facing residents and families
By
John O'Connor
May 01, 2024
Yelp announced an AI-powered chatbot that could fills needs for users, whether the need is for personal care items or a new physician.
Sonida CEO optimistic about future after ‘transformational’ year
By
Kimberly Bonvissuto
Mar 28, 2024
2023 was a “transformational” year for Dallas-based Sonida Senior Living, and it paved the way for growth in 2024 and beyond, President and CEO Brandon Ribar said Wednesday during the company’s...
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...
EEOC launches new effort to reach workers in rural and underserved areas
By
Kathleen Steele Gaivin
Jan 31, 2024
The Equal Employment Opportunity Commission on Monday launched the REACH initiative, a new, multi-year effort aimed at broadening the agency’s outreach to workers in rural and underserved communities.
Arizona legislators call for more transparency, improved safety in assisted living
By
Kimberly Bonvissuto
Jan 30, 2024
Arizona has joined a growing list of states where governments are calling for more transparency from assisted living communities through legislation following local media reports questioning resident safety...
Transforming Age expands into California with Elder Care Alliance affiliation
By
Kathleen Steele Gaivin
Jan 23, 2024
Alameda, CA-based Elder Care Alliance joined the Transforming Age network last week, expanding the Bellevue, WA and Omaha, NE-based not-for-profit senior living operator’s footprint into California.
Knute Nelson, Walker Methodist complete merger
By
Kathleen Steele Gaivin
Jan 09, 2024
Alexandria, MN-based Knute Nelson and Minnetonka, MN-based Walker Methodist have completed their previously announced merger, the faith-based senior living and care providers announced.