Elevated Medicaid use no threat to health insurers in the long term: Fitch
By
Kathleen Steele Gaivin
Jun 27, 2024
Headwinds from an increase in the use of Medicaid are unlikely to have a long-term negative effect on health insurers, according to a new brief from Fitch Ratings. Insurers may experience short-term margin...
NorthStar, Colony to merge into $58 billion REIT
By
Lois A. Bowers
Jun 05, 2016
Commercial real estate company NorthStar Realty Finance Corp. will merge with its current external manager, NorthStar Asset Management Group, and private equity firm Colony Capital to become Colony NorthStar,...
Clif Porter named AHCA/NCAL’s next president and CEO
By
Lois A. Bowers
Jul 16, 2024
Clifton J. “Clif” Porter II, the current senior vice president of government relations for the American Health Care Association/National Center for Assisted Living, will become the groups’ next president...
Executive indicted for fixing nurse wages at 3 companies
By
Kathleen Steele Gaivin
Mar 17, 2023
A federal grand jury on Wednesday indicted an executive of three home healthcare agencies for conspiring to fix the wages of nurses in violation of the Sherman Antitrust Act, which dates back to 1890.
Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
Omnicare names Ahmed Hassan president
By
Kathleen Steele Gaivin
Jun 30, 2022
Long-term care pharmacy giant Omnicare announced Tuesday the appointment of Ahmed Hassan as president of the Cincinnati, OH-based company, effective Friday. Hassan is charged with executing the firm’s...
Welltower upsizes pricing of $900 million of exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 10, 2024
Just a day after announcing a $750 million debt offering, Welltower’s operating company, Welltower OP, upsized the offering to $900 million in 3.125% exchangeable senior notes due in 2029, the Toledo,...
Retention efforts paying off for Brookdale, CEO says
By
Lois A. Bowers
May 08, 2019
Brookdale Senior Living’s efforts to increase the retention rates of senior community-level leaders, now in their third year, are continuing to pay off, President and CEO Lucinda “Cindy” Baier said...
Providers turn to a variety of sources when setting executive incentives: Ziegler
By
Kimberly Bonvissuto
Apr 05, 2024
When it comes to incentive compensation for C-suite executives, many senior living and care organizations are turning to consultants and other sources to create competitive packages, according to the results...