How Senior Living Providers Can Defend Against Rising Threat of Litigation

Last week, a jury in Van Nuys, California awarded plaintiffs $5.5 million in a suit they brought against AvantGarde Senior Living for negligence — the largest verdict in that city’s history. The facts in that case are troubling, involving an 89-year-old resident who broke her neck in a fall. But providers throughout the industry may […]

Chapter 11 Filings Remain High in Health Care Sector

Health care companies are still experiencing a high level of financial distress, although the picture improved somewhat in the second quarter of 2018. The Health Care Services Distress Research Index was 340.00 in Q2, down 115 points from a record high in the first quarter of the year. The index is prepared and published on […]

Health Care Companies More Distressed Than Ever

A record number of health care companies filed for Chapter 11 bankruptcy in the fourth quarter of 2017, according to Kansas City, Missouri-based Polsinelli. The firm’s Health Care Services Distress Research Index reflects Chapter 11 filings among health care organizations, such as senior care communities, hospice agencies and hospitals, that have assets of more than $1 […]

Tips for Senior Living Providers Shaking Up Their Operations

Many senior housing providers make major changes—whether to their business model or care strategies—in the hopes of improving their bottom lines or better complying with various industry regulations. Unfortunately, these major changes also tend to lead to something else: confused, disgruntled residents and family members. When Holiday Retirement decided last year to abandon its longtime […]

5 Things Nonprofit Senior Housing Providers Can Learn from For-Profits

In some ways, not-for-profit senior living providers and for-profit senior living providers couldn’t be more different. In other ways, they should likely try to be more similar. In fact, not-for-profit senior living providers have plenty to learn from their for-profit counterparts, according to experts who spoke at the LeadingAge Illinois 2017 Meeting and Exposition in […]

More Distress Ahead for Health Care, Senior Housing

The number of health care companies that filed for Chapter 11 bankruptcy jumped to a record high in the second quarter of 2016—and the financial downfall of some senior living organizations played a part. “It’s one thing to say that the distress in the second quarter of 2016 is the highest it’s ever been, but these […]

Editor’s Picks: ABHOW and Pick Leadership Team

This week, Senior Housing News readers learned how distress in the health care industry overall might impact senior housing, why National Health Investors Inc. (NYSE: NHI) is keen on skilled nursing, and delved into the mind of Marquis Companies President and CEO Phil Fogg. This Week in Review  California’s Largest Nonprofit Senior Living Provider Announces Leadership […]

New Joint Venture Launches 14-Property Senior Housing Pipeline

A real estate investment business deeply involved in the student housing and multifamily sectors is staking a bigger claim in senior living through a new joint venture to develop 14 communities. CA Senior, LLC (CAS), the senior housing platform of Chicago-based real estate investing and holding company CA Ventures, has entered into a joint venture […]