Sunrise posts loss of $70 million in 2007, rethinks growth plans
Aug 07, 2008
Sunrise Senior Living Inc., a major assisted-living player in the United States, lost more than $70 million last year, and disclosed it would reduce the number of units in its development pipeline.
Skilled nursing bed prices increase by 4% in 2009, report finds
Mar 16, 2010
The average price per bed for skilled nursing facilities rose slightly in 2009, while the price per bed in assisted living facilities fell, according to the 15th edition of the Senior Care Acquisition...
Evangelical Lutheran tops nonprofit senior living list
By
McKnight's Staff
Sep 05, 2012
The LeadingAge/Ziegler 100 report reflects an increase in independent and assisted living communities, and a decrease in nursing homes as part of the mix. The average system on the list had 2,008 units...
CA facilities slapped with $3 million in labor violations fines, workers slept on sofa in garage
By
Tim Mullaney
Nov 03, 2014
Four assisted living facilities in the San Francisco Bay area are facing a total of $3 million in fines for how they allegedly treated and paid workers, California authorities announced Thursday.
Assisted living aide will spend year in prison after resident theft
By
John Hall
Apr 29, 2015
An assisted living aide said the looming threat of becoming homeless was what prompted her to steal a resident’s wallet and checkbook before eventually being arrested for forging $10,000 in checks.
Skilled nursing dealmaking continues to be strong, average price per unit hits $78,000
By
Tim Mullaney
Nov 07, 2014
The trend of strong merger and acquisition activity in the senior housing market has not abated, with the average price per skilled nursing unit up 7% from a year ago. This is according to the latest quarterly...
Assisted living worker shot to death in Alaska, resident claims responsibility
By
Tim Mullaney
Aug 15, 2014
An Alaska man has been charged with murdering a worker at a small assisted living facility in Anchorage, according to local news reports.
Nursing homes suffering from reimbursement shifts to home care, market analysis finds
By
Tim Mullaney
May 14, 2014
Reimbursement is shifting to home health, hurting the finances of skilled nursing facilities, a newly released market analysis states.
Assisted living assault now ruled homicide
By
John Hall
Apr 22, 2015
Police said Monday that the death of a 93-year-old woman in a Winston-Salem, NC, assisted living facility is now being investigated as a homicide.
Most senior living facilities short on coronavirus-fighting supplies, survey finds
By
Alicia Lasek
Mar 17, 2020
More than two-thirds of the nation’s senior living facilities report trouble sourcing equipment, particularly N95 respirators.