Accountable care organizations (ACOs) aren’t just for physician groups and hospitals anymore. Senior living is starting to make its way into these innovative models, and there is a lot that assisted living providers can do to advance the conversation with ACOs and ultimately join these provider groups. “Think of an ACO like buying a television,” Kevin […]
Brookdale Senior Living
The nation’s largest senior living provider is touting its success in raising rates during the first quarter of 2016—even in the historically difficult legacy Emeritus portfolio. Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD), which operates more than 1,100 senior living communities across the country, raised rates “aggressively” on its in-place residents this past quarter, CEO Andy Smith […]
(The Blake at Carnes Crossroads, an assisted living and memory care community in Charleston, S.C. under development by Cardinal Ventures) Construction: Planned Senior Housing Partners, Zenith Capital Plan $12.3 Million Calif. Project Lake Oswego, Ore.-based Senior Housing Partners LLC and Seattle-based Zenith Capital recently announced they are planning to build a new memory care community […]
Construction: Planned Autumn Senior Living, Lindell Investments Plan $24 Million Community in Fla. Gulf Coast assisted living developer Autumn Senior Living and Lindell Investments, a Tampa-based real estate developer, have finalized plans to begin construction on a new assisted living and memory care campus in the Tampa suburb of Westchase, Florida. Autumn of Westchase is […]
(Sagewood, a Life Plan community in Phoenix, Ariz. – Photo courtesy of Lavidge public relations) Construction: Planned Certus Senior Living Plans $12 Million Fla. Memory Care Facility Certus Senior Living expects to break ground this summer on a new $12 million, 64-unit memory care community in Orlando, Fla., near Waterford Lakes, reports the Orlando Business Journal. […]
In the midst of a hit to its share value, Brookdale Senior Living (NYSE: BKD) is hopeful that 2016 will be a turnaround year for the company, executives said last week. Executives were quick to reassure investors that the stock price was off base compared to the performance of the business and the value of […]
The nation’s largest senior housing provider is standing firm against allegations of Medicare fraud first brought against the company in 2012. Brookdale Senior Living (NYSE: BKD) has asked the U.S. Court of Appeals for the Sixth Circuit to uphold a November 2015 decision rejecting a nurse’s False Claims Act lawsuit against the company for home […]
This week, Senior Housing News readers learned about a new senior living company founded by a former Brookdale executive. Readers were also clued into why electronic health record adoption is expected to accelerate, and why the shifting mergers and acquisitions climate is putting senior housing cap rates into question. Here in the newsroom, we were […]
This coverage of the 2016 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN brings this on-the-spot reporting from the NIC conference, which […]
Headline reports this week falsely claimed that rapper 50 Cent sold his Connecticut home to a developer with plans to turn the estate into an assisted living facility. While those rumors sparked our attention here in the newsroom, we kept you in the know with the facts. In the wake of earnings call season, senior […]