After another record quarter, Ensign approaches pre-pandemic occupancy
By
Danielle Brown
Feb 05, 2021
Taking on COVID-19 patients and others with medically complex conditions has helped The Ensign Group buck trends in the industry and begin to stabilize occupancy, executives said as they reported another...
Invesque details new framework for Symphony following pandemic struggles
By
Danielle Brown
Nov 13, 2020
Toronto-based healthcare real estate company Invesque is selling 50% of its assets currently managed by post-acute care operator Symphony Care Network, due to the ongoing public health crisis, executives...
Genesis stresses need for ongoing federal support after $60M shortfall due to pandemic
By
Danielle Brown
Nov 10, 2020
Genesis HealthCare endured $60 million in losses directly related to the coronavirus pandemic — despite receiving $64 million in federal and state relief funding during the third quarter, company executives...
Day-to-day operations ‘much more stable’ for CareTrust operators; CVS confident in vaccine administration
By
Danielle Brown
Nov 09, 2020
The skilled nursing and senior housing industries should now be “far more prepared to handle the third wave [of COVID-19] thanks to federal relief funding and stabilized operations, CareTrust REIT executives...
Invesque: Great progress but pandemic still creating ‘challenging operating environment’
By
Danielle Brown
Aug 14, 2020
The COVID-19 pandemic is still creating a “challenging operating environment” for operators under healthcare real estate investment trust Invesque, executives reported Thursday.
Genesis questions company’s viability after pandemic causes $213M in lost revenue, skyrocketing expenses
By
Danielle Brown
Aug 12, 2020
Adverse effects from the coronavirus have forced Genesis HealthCare to raise “substantial doubt” about its ability to operate in the near future.
CVS Health ‘well positioned’ to serve LTC with future COVID-19 vaccine
By
Danielle Brown
Aug 06, 2020
Long-term care facilities that receive pharmacy services from CVS Health should have sufficient access to a COVID-19 vaccine, once one is ready, executives stated Wednesday morning.
Also in the News for Monday, March 19
Mar 19, 2018
Genesis CEO blames lagging payments, population growth for lackluster earnings report, ongoing struggles … Police: Man tapped into unsecured nursing home WiFi to download child porn … LeadingAge...
In long-term care, success can be bad for business
By
John O'Connor
Oct 20, 2014
To get an idea of why different fiscal rules seem to apply to the long-term care sector, look no further than Netflix.
Sunrise Senior Living turnaround chief plots new course as company and its acquirer record positive 3rd...
By
McKnight's Staff
Nov 12, 2012
Mark Ordan, the CEO who has directed Sunrise Senior Living’s recovery from near bankruptcy in 2009, will remain as CEO of the company for up to a year after the close of the company’s sale...