People who use cannabis for non-medical reasons may have a lower chance of developing cognitive decline. That’s according to a study published in Current Alzheimer Research with the National Library of Medicine. The study, in which researchers sought to determine whether cannabis consumption had an effect on subjective cognitive decline, analyzed data from 4,744 adults […]
About a year ago, Silverado CEO Shook was on a ski trip in Wyoming – his first real break in several years after the start of the Covid-19 pandemic – when he received a phone call that left a pit in his stomach. “We got the message that the DA has charged Silverado with 18 […]
It’s no secret the demand for memory care is great and expected to grow in the coming years as the baby boomers age into senior housing. But getting there will still be a challenge. Even as older adults seek senior living, there is no guarantee that they will want what today’s memory care operators are […]
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This was a tough year for the sector, judging by the most-read stories on Senior Housing News. Financial troubles dominated, with Enlivant’s default notice and related negotiations being the most-read story in the last 12 months. The bankruptcy filing of a large CCRC, the troubles at Anthology Senior Living’s parent company, and the closure of […]
Felony charges against Silverado CEO Loren Shook and two other employees have been dropped, the company announced Thursday. Shook, along with company leaders Jason Russo and Kim Butrum, were previously charged with 13 felony counts of elder endangerment and five felony counts of violation causing death. Irvine, California-based Silverado also faced charges as a company. […]
(Update: A judge dismissed these charges in October, 2023. Read that story on Senior Housing News’ sister publication, Memory Care Business.) Prosecutors in Los Angeles have announced charges against Silverado CEO Loren Shook and two other company leaders in connection with a Covid-19 outbreak associated with the death of 14 people at a community in […]
Brookdale Senior Living (NYSE: BKD) and Pennant Group (Nasdaq: PNTG) held their earnings calls in the last week, with one common theme being the future of the executive director role. “We are evolving the executive director role to emphasize a larger growth mindset, underscoring strong sales acumen for the incumbents and future community leaders,” Brookdale […]
Senior living operators have radically changed the way they operate over the last few years. Looking ahead, it’s clear there are more changes to come as the industry sits at a crossroads between recovery and stagnation. The shift in the industry since the height of the pandemic has created a multitude of opportunities and challenges. […]
Some senior living residents use cannabis products in their communities, but as they do so operators have had to navigate a perilous and often confusing legal minefield. Much of that has to do with the fact that marijuana is still a Schedule I drug on the federal level, a category also shared by heroin, LSD […]
