Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
US Senate launches investigation of assisted living after lay media reports about safety, staffing, pricing
By
Kimberly Bonvissuto
Jan 17, 2024
The US Senate Special Committee on Aging is launching a review of the assisted living industry following recent articles in the Washington Post, which reported on the deaths of residents who wandered from...
Brookdale Senior Living, Sabra Health Care REIT report third-quarter earnings
By
Kathleen Steele Gaivin
Nov 08, 2023
Third-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
LTC Properties to sell half of its Brookdale Senior Living communities
By
Lois A. Bowers
May 01, 2023
LTC Properties plans to sell approximately half of the 35 Brookdale Senior Living communities it owns and re-lease the other half, Chief Investment Officer and Co-President Clint Malin said Friday during...
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.
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Florida’s ‘deadliest storm’ challenges some providers; others step in to help
By
Kimberly Bonvissuto
Sep 30, 2022
Senior living providers in high-risk areas have coordinated resident evacuations and struggled with power outages as Hurricane Ian moved through Florida, whereas those in areas spared by the storm have...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Is it time to reimagine assisted living? These industry experts say yes
By
Kimberly Bonvissuto
Feb 09, 2022
Assisted living must be reimagined as an affordable care option providing quality, person-centered care that melds social and medical models, according to industry experts.