The market for liability insurance in senior living continues to face rising costs as well as spikes in expensive claims, settlements and payouts. As insurers and insurance brokers work to identify and manage risks, they are stressing to senior living operators to provide as much data as possible and to be transparent with liability incidents, […]
Category: Management
On the heels of a strong Q1 2019 performance attributed to an improved sales cycle and growth, Brookdale Senior Living (NYSE: BKD) highlighted some of its operational outcomes Tuesday for a conference of investors. During a presentation at the RBC Capital Markets Global Healthcare Conference in New York City, Brookdale CEO Cindy Baier shared her […]
Minnesota senior living operators, elder care activists and state regulators announced a new framework last week intended to protect seniors from abuse and mistreatment in assisted living communities. The proposed legislation was passed by the Minnesota Legislature and is heading to the desk of Gov. Tim Walz, who is expected to sign the bill into […]
Welltower (NYSE: WELL) Executive Vice President, Business & Relationship Management Mercedes Kerr is leaving the Toledo, Ohio-based health care real estate investment trust (REIT) to assume the role of President at partner company Belmont Village Senior Living, Welltower announced in a press release Monday. Belmont Village Founder Patricia Will will continue as founder and CEO. […]
Workforce and occupancy are the top 2019 priorities for Senior Living Communities (SLC) CEO Donald Thompson, but he’s also taking a longer view. He foresees that current market pressures will last longer than many in the industry expect, and that there will be fruitful investment opportunities on the horizon. “I don’t think this overbuilding is […]
Buckner Senior Living is opening a $140 million continuing care retirement community (CCRC) in North Dallas with plenty of partnerships meant to attract the next generation of older adults. The 325-unit highrise community, Ventana by Buckner, will offer programming from esteemed wellness organization Cooper Aerobics, five dining venues conceptualized by celebrated chef and restaurateur Stephan […]
Ask the C-suite at any senior living provider to pinpoint the success of their operations and they will likely say it starts with a good executive director attached to a community. Max Rheinhardt III, executive director at The Firs, an independent living community in Olympia, Washington operated by MBK Senior Living, fits that description. The […]
As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]
With unemployment rates dipping below 3% in states across the country, senior living workforce challenges are only becoming more acute. And like other industries, senior living providers see labor as an issue requiring dedicated C-suite leaders and are appointing chief people officers. Recently appointed chief people officers, such as Misti Powell at Civitas Senior Living […]
Niki Leondakis is looking for ways to leverage her extensive experience in hospitality to fuel the growth in Wolff’s Revel brand, and improve the overall resident experience. A former president and chief operating officer of boutique hotel pioneer Kimpton Hotels, she is also a former CEO of Equinox Fitness Clubs and CEO of Two Roads […]
