Omega Healthcare Investors sees positive momentum with agency labor use down, occupancy up
By
Kimberly Bonvissuto
May 06, 2024
Omega Healthcare Investors sees positive momentum in its core portfolio of senior living communities and skilled nursing facilities as agency labor use declines and occupancy continues its steady improvement,...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Esmerelda Lee emigrated from South Africa during apartheid, planning to study medicine in the United States. What she may not have expected was that her model of steadfast leadership and commitment to...
Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...
Scott White to step down as Invesque CEO; will be succeeded by Adlai Chester
By
Kathleen Steele Gaivin
May 06, 2024
Scott White, chairman and CEO of Fishers, IN-based healthcare real estate company Invesque, will step down from the CEO role effective May 10, the company has announced. He will be succeeded by Chief Financial...
Business briefs, May 6
By
Kathleen Steele Gaivin
May 06, 2024
Senator seeks more than $853M for affordable senior housing … ‘We are Watercrest’ campaign celebrates collective vision and values … Richmond SNF opens region’s first in-center dialysis unit
Actions & Transactions, May 6
By
Kathleen Steele Gaivin
May 06, 2024
ESI arranges $6.1M sale of Knoxville, TN, senior living community … Blueprint facilitates divestiture process for Cleveland-area senior living community … Lupe Development opens $52M senior living...
Diabetes increases risk for functional limitations in older adults
May 03, 2024
The findings were seen even after controlling for sociodemographic and other health factors.
Several HR-related legal challenges face senior living employers
By
Kimberly Bonvissuto
May 03, 2024
Human resources issues in senior living aren’t limited to paying competitive wages to recruit and retain employees; an organization’s leaders may need to reassess their management strategies to navigate...