Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
Well-Spring, Brightspire merge to form Kintura
By
Kathleen Steele Gaivin
Mar 20, 2024
The Well-Spring Group and Brightspire, both senior living providers, have signed a binding, definitive agreement to merge, creating a new parent entity to be known as Kintura.
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Data breach business disruption mitigated by 2 steps: report
By
Lois A. Bowers
Jun 14, 2024
Proactive leadership and strategic planning will help mitigate the business disruption caused by the “Pandora’s box” of data breaches facing healthcare companies, according to a new white paper from...
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Ensign Group grows portfolio as Q3 profits expand
By
Kathleen Steele Gaivin
Oct 27, 2023
Skilled nursing, senior living and rehab operating company The Ensign Group added six new operations and four real estate properties during and since the third quarter, “bringing the number of operations...
Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...
AgeWell Solvere Living to assume management of Sonata Senior Living communities
By
Kathleen Steele Gaivin
Oct 18, 2023
North Palm Beach, FL-based AgeWell Solvere Living will assume management of Orlando, FL-based Sonata Senior Living-branded communities effective Nov. 1, the companies announced Tuesday.
Brookdale sees 25 consecutive months of occupancy growth as of November
By
Kathleen Steele Gaivin
Dec 11, 2023
Brentwood, TN-based Brookdale Senior Living wrapped up November with its 25th consecutive month of year-over-year weighted average occupancy growth, the company reported Friday.