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...
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...
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.
DOL rule will hurt many senior living workers over time
By
John O'Connor
Apr 25, 2024
It’s a bit exhausting to keep writing about ways good intentions from our regulatory agencies keep fueling disastrous outcomes.
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...
Friendship, Richfield Living merge in Virginia
By
Kathleen Steele Gaivin
Oct 04, 2023
Two southwestern Virginia retirement communities merged this week in a new collaboration they believe will enhance their existing offerings and broaden their reach.
Actions & Transactions, Sept. 25
By
Kathleen Steele Gaivin
Sep 25, 2023
Assisted Living Locators marks 20th anniversary … Life Plan Humboldt secures $1.4M from California … Bronson Commons in Kalamazoo, MI, celebrates 10th anniversary … New Day Healthcare makes seventh...
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.
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.