Emeritus Senior Living - McKnight's Long Term Care News

Emeritus Senior Living

Brookdale shareholder demands spinoff, management changes

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

Emeritus names Cain as a new ED

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.

Anthony Cirillo

Combat Frontline on the front lines

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 settles $2.2 million lawsuit

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.

REIT in $173M Merrill buyout

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.

Emeritus will respond vigorously to 'sensationalized' Frontline documentary, company leaders say

Emeritus will respond vigorously to ‘sensationalized’ Frontline documentary, company leaders say

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.

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