This week, Senior Housing News Readers learned about the new name for continuing care retirement communities (CCRCs) and delved into Brookdale Senior Living’s (NYSE: BKD) latest executive board appointments. Readers were also introduced to a new senior housing developer and discovered how asset prices have Welltower Inc. (NYSE: HCN) holding off on major deals. Here […]
LeadingAge
From here on out, continuing care retirement communities may be called “Life Plan Communities” — or not. The new term emerged out of a lengthy process spearheaded by LeadingAge and Mather LifeWays, which revealed shortcomings in the “CCRC” terminology. Still, even leaders of the project admit that there’s no telling whether the newly proposed alternative will have staying power. The […]
Ecumen, National Senior Campuses and Episcopal SeniorLife were among the fastest-growing nonprofit senior housing providers in 2014, according to the 2015 LeadingAge Ziegler 150. The LZ 150, now in its 12th edition, lists the largest not-for-profit systems offering aging services through senior living in the country, among other statistics. This year, the top three largest not-for-profit […]
LeadingAge announced Friday it has named Katrinka Smith Sloan as its new president and CEO. Sloan will replace Larry Minnix, who has helmed the association since 2000 and previously announced his plans to retire at the end of this year. Sloan, who goes by Katie, currently serves as LeadingAge’s senior vice president and chief operating officer, as well […]
The clock is ticking on a bill sitting on Governor Edmund Gerald “Jerry” Brown’s desk with an Oct. 11 deadline, which would increase regulations for continuing care retirement community entrance fee repayments. Providers are warily watching what will happen in Sacramento, as many believe that legislative changes such as this one could upset standard business models […]
This week, SHN readers explored a top-10 list of the largest nonprofit senior living providers and learned about Brookdale Senior Living (NYSE: BKD) being named a top acquisition target by Goldman Sachs. Readers also discovered different pricing methods to convert more leads into move-ins. Here in the newsroom, we were interested in what the Wall […]
Lancaster Pollard Hires Managing Director for Mergers and Acquisitions Lancaster Pollard has hired Chad Elliott as managing director of the firm’s mergers and acquisitions group. In his new role, Elliott will be tasked with leading the firm’s national efforts in sell-side and buy-side advisory services for seniors housing and care properties. Previously, Elliott served as […]
Ziegler and LeadingAge have released a sneak preview of their annual research project analyzing the largest not-for-profit senior living providers in the U.S., revealing the top 25 multi-site senior living organizations, and there is a new No. 1: National Senior Campuses. “National Senior Campuses has been pretty aggressive with their growth,” Lisa McCracken, senior vice […]
Salaries for employees at nursing homes have increased in the last year, recent salary and wage data show. The top five highest paid positions within the industry increased more than 2% on average this year, according to the 2015-2016 Nursing Home Salary & Benefits report, published by Hospital & Healthcare Compensation Service (HHCS). HHCS is […]
Big changes have swept the whole senior care industry since 1991, with leading providers innovating in nearly every aspect of operations. But one thing that has remained constant in the last 24 years now appears set to change: The requirements that skilled nursing facilities must meet to participate in Medicare and Medicaid. The Centers for […]
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