Fitch affirms BHI Senior Living in Indiana at ‘BBB’; outlook stable … 18 Gardant communities, 8 Diversicare centers, Notre Dame Long Term Care and Rehabilitation Center win AHCA/NCAL Bronze National...
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
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...
Business briefs for June 14
By
Lois A. Bowers
Jun 14, 2024
Epoch achieves systemwide Purple Flag for Dementia Care accreditation … Healthpeak Properties publishes 13th annual corporate impact report … NPHI releases guide to help caregivers spot abuse … Fitch...
Actions & Transactions, June 14
By
Lois A. Bowers
Jun 14, 2024
Lument closes $9 million in financing for Idaho portfolio … National Church Residences receives two 9% Low-Income Housing Tax Credit Awards … Lutheran Village at Miller’s Grant breaks ground on expansion
‘Joint employer’ rule effective date extended by NLRB
By
Lois A. Bowers
Nov 17, 2023
The National Labor Relations Board has extended the effective date of its “joint employer” rule to Feb. 26, two months later than the original effective date.
Evolving tech is subject of June 20 McKnight’s Senior Living Online Expo webinar
By
Lois A. Bowers
Jun 12, 2024
Evolving technology will be the featured topic in a session at the eighth annual McKnight’s Senior Living Online Expo on Thursday, June 20. Senior living professionals will be able to earn a continuing...
US healthcare spending for NFs and CCRCs to reach $337.4 billion by 2032, CMS says
By
Lois A. Bowers
Jun 13, 2024
National health expenditures for nursing facilities and continuing care retirement communities are expected to reach $337.4 billion by 2032, according to new estimates released Wednesday by the Office...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.