Bloom Senior Living is offloading its skilled nursing and behavioral health assets in part to fund its future growth and focus on senior living. Bloom’s parent company, Kandu Capital, announced the sale of two skilled nursing facilities and management of a mental health and rehabilitation center in California for just under $71 million or about […]
Bloom Senior Living
Covid-19 booster shots are on the horizon, and senior living providers are moving ahead with planning clinics for residents and staff while awaiting greater clarity from government regulatory agencies. Some industry providers have moved with urgency in recent weeks to schedule their first Covid-19 vaccine booster shot clinics, even as the U.S. Food and Drug […]
The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they are preparing for obstacles appearing on the horizon. Providers across the country, including large organizations such as Brookdale Senior Living (NYSE: BKD) and Atria Senior Living, began administering the long-awaited […]
The Centers for Disease Control & Prevention (CDC) on Wednesday eased quarantine guidance related to Covid-19, and senior living providers welcomed the news. Previously, the CDC recommended that individuals quarantine for 14 days after exposure to someone with Covid-19. The new guidelines recommend that people can stop quarantining after 7 days if they receive a […]
The senior living industry has done much to prevent residents and staff from contracting Covid-19 over the past seven months — but even necessary safety measures have a cost. Now, providers are dealing with the ripple effects of Covid-19, as deteriorating resident wellness leads to worse health outcomes and possible drags on occupancy. After months […]
The foundation for Bloom Senior Living’s rebranding was laid with separate emails the operator received from two different family members of the same resident in one of its South Carolina communities. If one complained that the food was too hot, the other complained that it was too cold, Bloom Acquisitions Director and General Counsel Bradley […]
Over the past three months, senior living providers have embraced telehealth during shelter-in-place orders. At the same time, the way providers and residents use telehealth, along with the forces propelling it forward, continue to evolve. Changes in federal policy and new flexibilities from insurers — some of them from before the pandemic — have made […]
Efforts are underway all across the U.S. to test senior living residents for Covid-19 — but until tests are more widely available and produce results more quickly, providers are hamstrung in their ability to keep residents and staff members safe from infection. There is a growing pile of evidence showing that the disease is contagious […]
Capital Senior Living’s turnaound plan is showing initial signs of success, rooted in a foundation of improved local operations and strategic dispositions, President and CEO Kim Lody said during the Dallas-based operator’s Q1 2019 earnings call Thursday morning. “We are now organized for success,” Lody said. Capital posted $114.2 million in total revenue in the […]
Griffin-American REIT IV Acquires 9-Property Portfolio A portfolio of nine properties throughout the greater Tampa and Orlando areas sold for $109.5 million in early November. Griffin-American Healthcare REIT IV acquired the 1,140-unit portfolio from New Senior Investment Group (NYSE: SNR). Griffin-American Healthcare REIT IV is co-sponsored by American Healthcare Investors and Griffin Capital Company LLC. […]
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