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 […]
Brookdale Senior Living
Brookdale Senior Living’s (NYSE: BKD) operating margins ticked up in the second quarter of 2022 as the nation’s largest operator saw banner occupancy and move-in growth, but labor remains a hurdle for the future. Occupancy gains and strength in the company’s revenue per available room (RevPAR) nudged the company’s senior housing operating margins up to […]
The most frequent comment I heard at our inaugural BRAIN conference two weeks ago was: This event was badly needed, because memory care is given scant attention at most industry gatherings. I’ve observed this to be true. At most events, perhaps one or two panels — if that — will be devoted to memory care. […]
It’s no secret among senior living operators that many residents are living with some form of cognitive decline, and that has created a vast need for more early-stage memory care services. Over the past two and a half years, the Covid-19 pandemic prompted many families to hold off on moving a loved one into a […]
Historic labor challenges. Occupancy recovery. New demands on resident engagement. If there is one unifying theme for senior living operators in the last two and a half years, it’s that change is inevitable. Change is rarely without some hurdles — and that is especially true for leaders of two public and evolving senior living companies, […]
Florida-based Sonata Senior Living is gearing up for a period of growth as the company announced a leadership reorganization. Co-Founder and former CEO Stuart Beebe has been named managing partner of the company. Co-founder and former Chief Operations Officers Shelley Esden is the new president and CEO. And Sonata also has tapped Brookdale veteran Jamie […]
Inflation is an industry-wide problem — Brookdale Senior Living (NYSE: BKD), for example, has watched food prices climb at a rate in the “high teens,” and the company expects a rise in utility costs ahead, according to CEO Cindy Baier. But as big of a challenge as record inflation is, Baier is confident that the […]
Harmony Senior Services has promoted senior living veteran Margaret Cabell to the role of CEO. Cabell started with Harmony in 2020 as chief sales and marketing officer. In that role, she helped overhaul the company’s digital marketing shortly after the pandemic and all of its disruptions. Before that, she worked with operators including American Retirement […]
After growing a base of operations during the Covid-19 pandemic, Navion Senior Solutions is turning its focus in 2022 to honing its operations. The Raleigh, North Carolina-based operator grew from a handful of communities to 36 during the Covid-19 pandemic, and that growth is set to continue with one community currently under construction and another […]
Executives with Brookdale Senior Living (NYSE: BKD) expect this year’s second-quarter occupancy growth will likely outdo last year, giving them even more confidence that the company’s ongoing recovery is on track. Speaking at the RBC Capital Markets Global Healthcare Conference Wednesday, CEO Cindy Baier said she has “a lot of confidence” that the company will […]
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