With $10 billion in debt maturities coming due in 2023, margins still compressed and staffing challenges still simmering, operators have their work cut out for them in the crucial months ahead. But for all the problems left to solve, there is still a sense that the worst is now behind the industry in many respects. […]
Argentum
Priority Life Care Names Culinary Director Priority Life Care announced it has named Brian Gallo to the position of Corporate Director of Culinary Experiences where he will be in charge of enhancing the culinary experiences of PLC’s communities. With more than two decades in the hospitality/health care industry, Callo joined PLC about six years ago. […]
While senior living operators still have many short-term challenges to contend with, what they do between now and 2026 may well set the stage for the industry’s next decade to come. Argentum CEO James Balda sees the industry at an inflection point between the Covid-19 pandemic and the looming opportunities of the near-future. On the […]
The senior living industry has a diversity problem. A recently released report from a coalition made up of Argentum, ASHA and NIC helps quantify where the industry stands on diversity, equity, inclusion and belonging (DEIB). The report shows how much work is left to be done but also says the industry is “starting from a […]
Brookdale Senior Living (NYSE: BKD) is still the nation’s largest senior living operator — but others are catching up, as the industry is still rife with disruption, according to Argentum’s 2022 Largest Providers Report. The report, released Wednesday, was compiled in partnership with real estate finance firm Lument. It ranks U.S. senior living operators in […]
While occupancy gains remain steady for senior living as a whole, leaders with American Healthcare REIT and National Health Investors (NYSE: NHI) observe that in many ways — from occupancy recovery to dealmaking trends — the market is disjointed. The pace at which operators recover appears to be largely market-specific, with some senior living providers […]
Assisted living communities can expect continued vigilance from the U.S. Occupational Safety and Health Administration (OSHA). OSHA has extended its revised National Emphasis Program for Covid-19 until further notice with plans to double its inspection goals, according to the U.S. Department of Labor. The increase stems from Centers For Disease Control and Prevention projections which […]
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Alarms are sounding that the U.S. will enter an economic recession in the foreseeable future, and many operators are preparing for a range of outcomes, from a bumpy landing to business as usual. Rising interest rates, slumping financial markets, and inflation are all causes for concern at a time when operators are already grappling with […]
The senior living industry should be exempt from a proposed federal rule aimed at protecting health care workers from exposure to Covid-19, according to Argentum CEO James Balda. At the root of the issue is a U.S. Occupational Safety and Health Administration (OSHA) interim final rule establishing an emergency temporary standard (ETS) to “protect health […]