Monday Jump-Start: Brookdale Sale Talks Ongoing

Happy Monday!

It’s a busy time in the senior housing industry as public companies begin to share their latest financial results. It’s also a busy time in “funny hat” news, due in part to one half of an athletic elderly couple.

Here’s what you may have missed last week:

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HCP Inc. (NYSE: HCP) is on the hunt, once again, for new executives, as both President Justin Hutchens and Executive Vice President – Senior Housing Properties Kai Hsaio will soon exit the company.

Senior living providers in crowded markets should find and embrace a few of their most interesting selling points to beat out new competition, according to GlynnDevins Chief Client Officer Susan Brogan.

Leaders at Affinity Living Group are opening up about why the separation from Meridian Senior Living occurred and what their plans are going forward.

Publicly traded skilled nursing providers and real estate investment trusts (REITs) had an especially tough few days as the Centers for Medicare & Medicaid Services (CMS) outlined details of a possible overhaul to the payment system for skilled nursing facilities (SNFs).

Share value at The Ensign Group (Nasdaq: ENSG) managed to bounce back following a strong quarterly earnings announcement last week. 

Also in the News

The talks regarding a potential sale of Brookdale Senior Living (NYSE: BKD) are ongoing, according to a recent Bloomberg report.

The Foundation for Art & Healing plans to host the first-ever Creatively Connected Film Festival in New York City on May 9. The festival features short films about senior loneliness from seven different directors. To learn more, check out the festival website.

Elderly Couple Finishes 5K but Goes Viral for Another Reason—Check out this guy’s hat.

This Wi-Fi Router Silently Tracks Your Health—Could this be the newest technology for seniors?

Intel, IBM, Microsoft and other major companies will soon begin working with the European Commission, the European Space Agency and representatives from other UK Government Departments in London to transform aging

Written by Mary Kate Nelson

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