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...
Federal judge blocks enforcement of noncompete final rule for some employers
By
Kathleen Steele Gaivin
Jul 09, 2024
A federal judge has issued a stay and preliminary injunction that will block enforcement of the Federal Trade Commission’s final rule on noncompete agreements for some employers.
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...
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...
Encompass Health contemplating IPO, sale or merger of home health and hospice division
By
Diane Eastabrook
Apr 29, 2021
Encompass Health is examining all possibilities for its home health and hospice division, even a potential sale, said President and CEO Mark Tarr, who raised the possibility during an earnings call Wednesday.
Shareholders approve merger to create Colony NorthStar
By
Lois A. Bowers
Dec 21, 2016
Shareholders of Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Corp. have approved the previously announced merger of the three companies. The new Colony NorthStar will manage...