Bickford, Merrill Gardens, New Perspective Leaders Envision ‘Transformational Change’ for Senior Living Industry

Leaders of Bickford Senior Living, Merrill Gardens and New Perspective agree: the senior living industry is in need of “transformational change” in the years to come. Looking across the senior living industry today, they see many opportunities for change, from solving workforce challenges to finding new and better ways to care for residents amid the […]

Covenant Living CEO Hopes Senior Living’s ‘Great Resignation’ Becomes a ‘Great Sabbatical’

Covenant Living Communities and Services is not immune to the staffing pressures felt by the rest of the senior living industry — but President and CEO Terri Cunliffe sees signs they might not last long-term. While the industry is grappling with attracting and retaining workers amid the period known as the “great resignation,” Cunliffe is […]

Covid-19 Takes Steep Toll On Senior Living Providers in Pandemic Epicenters

Covid-19 presents enormous challenges for senior living providers across the country, but the pandemic is hitting operators in the current epicenters of New York and New Jersey particularly hard. As of the afternoon of April 20, total Covid-19 cases in New York state were approaching 243,000, while New Jersey’s cases were above 85,300. By comparison, […]

Oakmont Senior Living to Settle Wildfire-Related Lawsuit

Oakmont Senior Living has agreed to settle a lawsuit related to a major wildfire that destroyed one of the provider’s California communities last fall. The Tubbs Fire swept across the northern California town of Santa Rosa in Oct. 2017, affecting four Oakmont communities and burning one—the 72-bed Oakmont of Villa Capri—to the ground. After that […]

Sabra CEO: Skilled Nursing Outlook is Improving

Sabra Health Care REIT (Nasdaq: SBRA) has made some major skilled nursing waves over the past year, with its acquisition of Care Capital Properties and ongoing attempts to shed assets operated by troubled provider Genesis Healthcare (NYSE: GEN). Rick Matros, the Irvine, Calif.-based real estate investment trust’s (REIT) CEO, has been outspoken about the changes sweeping the […]