Senior living industry association Argentum on Tuesday announced new efforts to recruit, retain, and measure the senior living workforce. At the forefront of those efforts is an apprenticeship for nursing assistants and caregivers in senior living, which the organization is collaborating on with a steering group that includes industry stakeholders Brookdale Senior Living (NYSE: BKD), […]
Brookdale Senior Living
More women hold senior management positions in senior living than in other U.S. industries, but that does not hold true all the way to the top executive roles. Specifically, about 70% of senior management positions in senior living are held by women, compared to an average rate of about 56% of these positions being held […]
A company with the scale of Brookdale Senior Living (NYSE: BKD) must pay close attention to its dining programs. Culinary offerings are a huge driver of resident satisfaction but also a cost center for communities, and so dining leaders must strike a delicate balance to please palates at the local level without breaking the bank. […]
Chicago Pacific Founders (CPF) has begun acquiring Medicare Advantage companies, and leaders with the private investment fund are seeing synergies with the senior housing communities in their portfolio — with much greater integration likely in the future. “The plan is for it to grow exponentially,” CPF Founding Operating Partner John Rijos [pictured above] told Senior […]
From fresher ingredients to more sophisticated dishes, to more varied dining venues and experiences, senior living is constantly raising the bar in dining — even in the face of staffing challenges, occupancy pressures, and the need to carefully manage the bottom line. In this episode, you’ll hear from Marjan Kodric, vice president dining services at Brookdale […]
On the heels of a reshaping of its senior housing portfolio taking place over the course of the last two years, health care REIT HCP (NYSE: HCP) says it is prepared to ride out the headwinds associated with the transition. Despite being positioned for long-term success, the Irvine, California-based health care REIT said in announcing […]
Don’t expect another major lease restructuring or an “OpCo/PropCo” split for Brookdale Senior Living (NYSE: BKD) any time soon. Instead, the Brentwood, Tennessee-based company — fresh off a busy year of dispositions, lease restructurings with REIT landlords and discussions with major shareholders — is focused on improving the senior housing portfolio it has today, according […]
Atlas Senior Living is not one of the largest senior housing providers in the country, but it is growing at a fast clip, combining entrepreneurial energy with operational know-how. Last year, the Birmingham, Alabama-based company nearly doubled in size by adding 187 units to its portfolio, the bulk of it coming from the acquisition of […]
Senior housing providers and other industry stakeholders may be feeling a sense of dread going into 2019. Occupancy is at a low point, labor expenses are surging amid sharp workforce challenges, new competition continues to pressure certain markets, construction costs are up and aging baby boomers are not yet entering communities in huge numbers. While […]
In 2019, senior living providers need get over a “me first” mentality and get collaborative. Occupancy will remain stagnant and workforce challenges will grow more complicated, but changes in the U.S. economy and health care system could alleviate some pressures and create business opportunities. However, to take advantage of opportunities, providers might need to “detonate” […]
