By now, it is well-known that most older adults prefer to age in place. The majority of adult children, however, worry that their aging parents will need senior living assistance regardless of preferences. That’s according to findings from a new survey put together by Brookdale Senior Living (NYSE: BKD) and OnePoll, a London-based marketing research […]
Brookdale Senior Living
Brookdale Senior Living’s (NYSE: BKD) home health business may be taking a back seat to the senior housing owner and operator’s core portfolio and hospice line — at least for now. Locked in on an ongoing turnaround effort and coming off a strong Q1 2019 performance rooted in an improved sales cycle and growth, Brookdale […]
Brookdale Senior Living Inc. (NYSE: BKD) saw its home health revenue decrease by more than 7% in 2018 compared to the previous year, though it stabilized somewhat during the Brentwood, Tennessee-based company’s most recent quarter. The year-over-year drop was largely due to Brookdale’s intentional efforts to shift its case mix toward lower-rate managed care ahead […]
Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]
Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the nation, has petitioned the U.S. Supreme Court to review a case involving allegations of fraudulent Medicare billings totaling about $35 million. The lawsuit was filed in 2012 by Marjorie Prather, a former employee of Brentwood, Tennessee-based Brookdale. Prather alleged that Brookdale […]
The growth of its hospice segment during the third quarter of 2018 was a bright spot for Brookdale Senior Living (NYSE: BKD), the largest owner and operator of senior living communities throughout the United States. The same can’t be said for the Brentwood, Tennessee-based company’s home health business, which continues to lag behind expectations. Brookdale […]
To better compete for a growing niche market, Interim HealthCare, Right at Home and many other home-based care providers have made specialized dementia training a priority for their caregivers in recent months. Despite the steady investment, providers will likely need to pump even more resources into care programs and training for caregivers moving forward, experts […]
Brookdale Announces New CFO Brookdale Senior Living Inc. (NYSE: BKD) has tapped Steven Swain to serve as executive vice president and chief financial officer. Brentwood, Tennessee-based Brookdale is the nation’s largest owner and operator of private-pay senior living communities, as well as a major provider of home health and hospice services. As a company, Brookdale […]
Home health continues to be a trouble spot for Brookdale Senior Living (NYSE: BKD), the nation’s largest owner and operator of private-pay senior living communities. Brentwood, Tennessee-based Brookdale posted its financial results for the second quarter of 2018 this week, highlighted by a companywide net loss of $165.5 million compared to a net loss of […]
More than a dozen of the biggest players in aging services met in Chicago last Thursday to take part in the Alzheimer’s Association’s newly formed Dementia Care Provider Roundtable. The goal of the roundtable is to share best practices from their diverse industry perspectives. Participants in the roundtable included representatives from Bayada Home Health Care, […]
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