by Steve Monroe | Jun 22, 2020 9:19 am | Opinion
We are fond of bringing up the fact that far too many people have put the CCRC (LPC) market prematurely in its grave. It especially happens when there is a recession, like 10 years ago, and now. We are hearing rumblings again even as suburban housing prices are rising... Read More »
by Steve Monroe | Jun 22, 2020 9:17 am | Opinion
Watch out. When the government creates a new commission on quality in nursing facilities, it can only mean higher costs, but without increased reimbursement. The members of the new Coronavirus Commission for Safety and Quality in Nursing Homes was named last week, and... Read More »
by Steve Monroe | Jun 19, 2020 10:01 am | Opinion
In an expected development, Ventas slashed its dividend today. What was unexpected was the size of the cut. The July dividend was reduced from the previous per-share amount of $0.7925 to $0.45 per share, a drop of 43%. This will be saving Ventas $130 million... Read More »
by Steve Monroe | Jun 18, 2020 8:24 pm | Acquisitions
With more than 4,500 skilled nursing and assisted living beds under management, plus another 2,000 independent living units, Tryko Partners, and its operating affiliate Marquis Health Services, is certainly becoming a senior care powerhouse in the... Read More »
by Steve Monroe | Jun 17, 2020 9:04 am | 60 Seconds, Opinion
Some assisted living residents are getting restless. Why should they be any different from the rest of us? The Wall Street Journal recently published an opinion piece by a 94-year old resident of an assisted living community in New Jersey, where he wrote that he had... Read More »