Emeritus Senior Living
Embattled Brookdale Senior Living is being asked by a major shareholder to spin off its real estate holdings and revamp its governance board in light of less than-expected stock performance and so-called "recent integration missteps" after its recent acquisition of Emeritus Corp.
Tammy Cain will become the executive director at Emeritus' newest senior living community, Emeritus at Wildwood. The community, located in Oxford, FL, is scheduled to open this fall.
Emeritus Senior Living is on track to hire 1,000 veterans and military spouses over the next five years, the company announced.
Experiences become stories, which really are perceptions of the actual experience translated. Stories spread by word of mouth, amplified by social media. Stories make people fall in love, or hate, with a product or service. Stories are the marketing. Marketing impacts revenue.
Emeritus Senior Living has agreed to settle a $2.2 million lawsuit in which workers claimed they were routinely underpaid at the assisted living company's California facilities, according to a ProPublica report.
Emeritus Senior Living is focused on increasing communications to address concerns raised by a critical Frontline documentary that aired last week, according to Granger Cobb, the company's CEO, president and director. "We were disappointed by the report, which focused on very tragic, but rare and isolated incidents, that occurred several years ago at our communities," Cobb said during an earnings call last Thursday.
Health Care REIT is buying the remaining 20% equity interest in a Merrill Gardens 38-property portfolio, the two companies announced the final week of June. The additional $173 million investment will give full ownership to the REIT, which has agreed to a triple-net lease with Emeritus Senior Living to manage the properties. A third-quarter closing is anticipated.
Incidents of resident harm are "rare and isolated" in assisted living communities, and providers work closely with regulators and support transparency, the leader of the Assisted Living Federation of America said in response to a critical Frontline report.
Loose regulations are endangering the growing number of assisted living residents in the United States, according to a new Frontline documentary that focuses on Emeritus Senior Living facilities. The program airs Tuesday at 10 P.M. EST, and is accompanied by a series of reports published this week on ProPublica.
A superior court judge has upheld a $23 million verdict against Emeritus Senior Living and ordered the company to pay an additional $4.3 million in fees and costs to the plaintiffs' lawyers, citing evidence that a former resident received abysmal care.
Emeritus Senior Living has engaged high-profile attorneys in its bid to overturn the verdict handed down by a jury in March, under which Emeritus would have to pay nearly $23 million in punitive damages related to the death of a resident who had pressure wounds.
The Internet has given consumers a voice. Sharing with one another online, they visit and revisit online sources when making decisions. The places where their searches intersect with information they want are known as the Zero Moment of Truth (ZMOT). Online reviews are one such place.
» Emeritus Senior Living recently said it wants to hire 1,000 veterans by 2018. The assisted living and skilled nursing provider says this is the first such veteran recruiting program in senior care. Emeritus has identified a wide range of positions veterans may be qualified for, including resident care director and driver.
A federal appeals court has ruled that the jury in an improper medication suit against a nursing home was given proper instructions by a federal trial court. The decision put more responsibility on the accused facility, which could not supply medication reports from a 2007 incident.
Brookdale Senior Living leaped ahead of Emeritus Senior Living to become the largest senior living operator in 2012, according to the Assisted Living Federation of America.