Final Medicaid Access Rule released, White House says
By
Lois A. Bowers
Apr 22, 2024
A federal rule requiring providers to allocate at least 80% of home- and community-based payments to direct care worker pay has been finalized, President Biden said in a fact sheet posted Monday on the...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
The Ensign Group adds 9 skilled nursing facilities to portfolio
By
Lois A. Bowers
Oct 04, 2022
The Ensign Group announced the addition of nine skilled nursing facilities to its portfolio on Monday. Six are in Texas, two are in South Carolina and one is in Arizona.
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Senior living execs pique student interest as Granger Cobb Institute pilots Corporate Scholars program
By
Lois A. Bowers
Oct 24, 2022
Executives from Aegis Living, Merrill Gardens and Murano Senior Living are piquing interest in the senior living industry among Washington State University students participating in a new Corporate Scholars...
University-based CCRC, nearby music venue reach settlement, drop legal action over concerts
By
Lois A. Bowers
Apr 03, 2023
A university-based continuing care retirement community in Arizona and a music venue located across the street have agreed to dismiss a lawsuit between them in a resolution that will see the concert club...
Overtime rule review completed by White House
By
Lois A. Bowers
Apr 11, 2024
The Department of Labor’s proposed overtime rule has moved a step closer to being finalized. The White House Office of Management and Budget’s Office of Information and Regulatory Affairs has completed...
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Lynne Katzmann on making the shift to wellness
Mar 09, 2023
Lynne Katzmann, founder and CEO of Juniper Communities, shares how Juniper shifted its corporate mindset to a wellness focus and the returns on investment it has seen by doing so. She also suggests areas...
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.