by Steve Monroe | May 29, 2024 9:06 am | 60 Seconds, Opinion
How many times have you heard that the boomers will be major disruptors of the seniors housing sector, causing providers to rethink, and change, how they provide their care and services? Too many times? I admit, I have been guilty of this as well. But I have been... Read More »
by Steve Monroe | May 13, 2024 2:37 pm | Acquisitions, Opinion
It has taken a while, and a lot had to be done to strengthen the balance sheet over the past two years, but Sonida Senior Living is now on a path of growth, and recent announcements have shown it. On May 9, the company closed on its first acquisition of the year... Read More »
by Steve Monroe | May 8, 2024 10:27 am | Opinion
Brookdale Senior Living reported its best EBITDA performance in several years, nearly topping $100 million, RevPOR continues to grow (5.8% sequentially), and second quarter guidance for adjusted EBITDA is now between $93 million and $98 million. On the labor front,... Read More »
by Steve Monroe | May 8, 2024 10:05 am | 60 Seconds, Opinion
The Chapter 11 filing by Steward Health Care was not a surprise to anyone in the healthcare world. Its former PE owner, Cerberus Capital, will be attacked because they made a significant profit when they finally exited their 2010 investment 10 years later. No one... Read More »
by Steve Monroe | May 6, 2024 12:35 am | Opinion
The Washington Post is on the attack again, publishing a story last Friday on the overuse of 911 calls when a resident falls in assisted living or independent living, and how some towns are starting to charge seniors housing communities a fee for each 911 visit of... Read More »