2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
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.
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...
Hiring frenzy: Brookdale and other senior living operators seek to address labor shortage with displaced...
By
Amy Novotney
Apr 09, 2020
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates...
Argentum releases 2023 lists of largest senior living providers; industry expresses ‘cautious optimism’...
By
Kimberly Bonvissuto
Sep 18, 2023
In a post-COVID world, the senior living industry is “cautiously optimistic” about its future as it experiences significant market changes driven by a combination of demographic shifts, evolving consumer...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Brookdale expects COVID-19 expenses to reach $50 million for quarter, CEO says
By
Kimberly Bonvissuto
Jun 04, 2020
When it comes to COVID-19, Brookdale President and CEO Lucinda “Cindy” Baier said, shareholders and potential investors typically want to hear about four areas: protocols and progress on COVID-19 testing...
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Brookdale’s home health and hospice business takes $15 million hit in third quarter due to pandemic
By
Lois A. Bowers
Nov 06, 2020
Revenue in Brookdale Senior Living’s Health Care Services segment, which includes home care and hospice, was flat compared with the second quarter but down 20% year-over-year, Brookdale President and...