Sonida CEO ‘very confident’ about company’s future despite issuing notice of ‘substantial doubt’
By
Lois A. Bowers
Mar 31, 2023
Sonida Senior Living has “substantial doubt about our ability to continue as a going concern,” the company reported Thursday, but executives also expressed optimism about the company’s future.
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.
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
Could a national vaccine mandate be coming to senior living?
By
Lois A. Bowers
Aug 24, 2021
Following Wednesday’s announcement that COVID-19 vaccines will be mandated by the federal government for nursing homes, could a similar national requirement be in store for senior living? It might be...
Operators expected to keep more aid after HHS revises Provider Relief Fund reporting requirements in...
By
Lois A. Bowers
Oct 23, 2020
Citing “significant attention and opposition from many stakeholders and members of Congress,” HHS has revised requirements for Provider Relief Fund reporting and broadened the definition of “lost...
COVID-19 requires ‘significant adjustments’ to operating model, Capital Senior Living says
By
Lois A. Bowers
Apr 01, 2020
Capital Senior Living has made “significant adjustments” to its operating model in response to the COVID-19 pandemic, Chief Operating Officer Brandon Ribar said Tuesday on the company’s fourth-quarter...
New Merrill Gardens President Tana Gall shares plans, insights as company grows with Blue Harbor acquisition
By
Lois A. Bowers
Dec 20, 2019
As Tana Gall takes the reins at Merrill Gardens, she shares her thoughts and plans related to the future of the company and the senior living industry.
Third quarter was ‘low point of our turnaround,’ Capital Senior Living CEO says
By
Lois A. Bowers
Nov 08, 2019
Nine months into the execution of Capital Senior Living’s SING strategy — stabilize, invest, nurture and grow — company performance suggests that the third quarter “was the low point of our turnaround...