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.
12 tips for recruiting and retaining staff members
By
Lois A. Bowers
Mar 28, 2022
At what National Investment Center for Seniors Housing & Care President and CEO Brian Jurutka said was “probably the most important session” at the group’s Spring Conference, four speakers shared...
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
A new middle-market senior living brand, Truewood by Merrill, has been launched by Merrill Gardens and is gradually rolling out to 23 communities in 13 of the 20 states in which the company operates.
Assisted living needs $5 billion for COVID-19 response, AHCA / NCAL tells HHS, FEMA
By
Lois A. Bowers
Jun 09, 2020
Assisted living communities need $5 billion in emergency relief funding to pay for staffing, testing and personal protective equipment to fight COVID-19, the leaders of the American Health Care Association...
HHS: Public health emergency likely to last rest of year
By
Lois A. Bowers
Jan 26, 2021
The federal public health emergency related to the coronavirus pandemic likely will extend through 2021, Acting Health and Human Services Secretary Norris Cochran said Friday in a letter to governors.
‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
By
Kathleen Steele Gaivin
Aug 01, 2024
Brockway, PA-based Guardian Healthcare has filed for Chapter 11 bankruptcy protection.
Covia, Ziegler Link•age Funds to invest, test Dr. Bill Thomas’ Minka as potential middle-market senior...
By
Lois A. Bowers
Jul 06, 2020
A new partnership between nonprofit aging services organization Covia Group and Ziegler Link•age Funds will invest in Minka Homes & Communities, co-founded by Dr. Bill Thomas, to test the model as a...
COVID-19 could have $57 billion impact on senior living; Argentum, ASHA request $20 billion from HHS
By
Lois A. Bowers
Apr 06, 2020
The COVID-19 pandemic will have a $40 billion to $57 billion financial impact on the U.S. senior living industry over the next year, American Seniors Housing Association and Argentum leaders said in a...
U.S. Court of Appeals upholds California’s retirement savings program
By
Kathleen Steele Gaivin
May 11, 2021
The Ninth U.S. Circuit Court of Appeals on Friday upheld a lower court ruling in favor of the California Secure Choice Retirement Savings program, or CalSavers.