Dominion Senior Living is poised to start a new pilot home care program aimed at serving older adults in the months or years before they move into senior housing. The Knoxville, Tennessee-based senior living provider is partnering with home care company Right at Home on Dominion Home Living, an in-home care pilot program for some older […]
Category: Management & Operations
Minimum wage hikes and ever-constant turnover rates are still among the top staffing pressures for senior living leaders. That’s according to a June CFO Hotline survey from Chicago-based special investment banking firm Ziegler. For the survey, Ziegler heard from nearly 120 senior living CFOs and financial professionals from around the U.S., roughly 70% of whom […]
HHHunt, the residential real estate company behind the Spring Arbor Senior Living brand, has a new face in the C-suite. Todd Kobayashi joined the company Thursday as the company’s new CFO. Kobayashi—who has more than a decade of experience financing and developing multifamily, senior housing and student housing properties—will succeed current HHHunt CFO James Crowder once […]
Capital Senior Living (NYSE: CSU) CEO Larry Cohen is retiring at the beginning of next year, the company announced Wednesday morning. Cohen first joined the Dallas-based senior living operator 21 years ago, and served as CEO for 19 of those years. His retirement takes effect Jan. 1, 2019. “Having done this for 19 years, I […]
Several recent policy changes could mean that Medicare Advantage (MA) plans will start to cover more senior living services in the years ahead, but big questions remain as to what these new MA benefits will entail and how they will be introduced. A new report from the Bipartisan Policy Center lays out some of the […]
Oakmont Senior Living has agreed to settle a lawsuit related to a major wildfire that destroyed one of the provider’s California communities last fall. The Tubbs Fire swept across the northern California town of Santa Rosa in Oct. 2017, affecting four Oakmont communities and burning one—the 72-bed Oakmont of Villa Capri—to the ground. After that […]
Nonprofit senior living provider HumanGood credits better employee engagement with driving down nursing turnover 36% and dining staff turnover by 48% between 2014 and 2016. The Pleasanton, California-based provider worked with employee engagement firm Brand Integrity to achieve these results. Now, Brand Integrity—which has a stable of other health care and senior living clients—has been […]
The Senior Housing News (SHN) Summit – Los Angeles is less than one month away, and limited tickets are available for this networking event. Join over 120 senior living professionals in an intimate environment to hear from some of the industry’s most progressive thought leaders on the current state of the sector and what the […]
The United States is in the midst of an opioid epidemic that has lasted for years—and it’s become a concern in the senior housing industry. To avoid opioid misuse in senior housing communities, it’s important to ensure pain management is a team effort and that opioids aren’t the first line of defense against chronic pain, […]
Brookdale Senior Living (NYSE: BKD) has named a former telecommunications executive as its new CFO. Specifically, Steven Swain is set to join the nation’s largest senior housing provider as its executive vice president and CFO on September 4. He will replace Teresa Sparks, who began serving as Brookdale’s interim CFO when Lucinda Baier left the […]
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