Senior living operators have for the last few years been laser-focused on generating more revenue to re-elongate margins compressed during the pandemic, and on that front operators have made some progress. But for all the revenue operators have won back through occupancy gains and rate increases, margins have in many cases not returned to pre-pandemic […]
Senior living operators and owners need to work together in better alignment to achieve outcomes in 2024 and beyond This is not a controversial statement, and the issue of better owner-operator alignment has been a hot topic for several years. But discussions last week at our Capital & Strategy conference showed that the industry is […]
The senior living industry is in a state of flux in 2024 as operators look to stick the landing on their pandemic recovery, all while growing for the future. Doing both at the same time is hard. On the one hand, average occupancy rose to 85.6% in the first quarter of 2024, and is on […]
A Place for Mom CEO Larry Kutscher is stepping back from his role, with President Tatyana Zlotsky set to fill his shoes as the company’s top leader. With the move, Kutscher is transitioning to the role of chairman of the company’s board of directors. The company’s changes, effective May 2, are a part of a […]
This article is part of your SHN+ subscription Top leaders of senior living organizations are busy preparing for the future – sometimes as far out as the next half-century. Senior Housing News has spoken with quite a few top leaders of senior living operators across the country in the past month – at the recent […]
Staffing algorithms like one used by the nation’s largest senior living operator are exacerbating work shortages and often underestimating the amount of care that older adults need, according to a new investigation from the Washington Post. The latest story, published Monday, centered mainly on a staffing algorithm used by Brookdale Senior Living (NYSE: BKD) known […]
This article is part of your SHN+ subscription If you’ve paid attention to Brookdale Senior Living (NYSE: BKD) in the last few years, you have no doubt heard of HealthPlus. When I spoke with Brookdale CEO Cindy Baier this week, we chatted about the program and its place in the company’s growth plans. “One of […]
People who are exposed to air pollution, have diabetes or drink alcohol could be more likely to develop Alzheimer’s disease, according to a new study. The study, released Wednesday in the journal Nature Communications and conducted by researchers at the University of Oxford, was based on the brain scans of about 40,000 people between the […]
About a year ago, Silverado CEO Shook was on a ski trip in Wyoming – his first real break in several years after the start of the Covid-19 pandemic – when he received a phone call that left a pit in his stomach. “We got the message that the DA has charged Silverado with 18 […]
Senior living referral company A Place for Mom is eliminating a senior living community liaison position in favor of a new strategy with “more direct” lines of communication with operators. The New York City-based company last week announced it is laying off its customer success management team, which makes up about 6.8% of its nearly […]
