Appointments, promotions and other news at The Aspenwood Company, Brookdale Senior Living, Ebenezer Senior Living, Grace Management, the Granger Cobb Institute, Invesque, The Jewish Home Family, Juniper...
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...
Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
Labor Department seeks input for overtime rule
By
Lois A. Bowers
Jul 25, 2017
The Department of Labor is accepting input as it prepares to propose a new rule related to circumstances under which certain workers would be entitled to overtime pay.
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
LCS in rare company as ‘Exceptional Workplace’
By
Kathleen Steele Gaivin
Apr 05, 2023
Des Moines, IA-based Life Care Services is one of just 57 employers nationwide and the only senior living company to earn a 2023 Gallup Exceptional Workplace Award, the company announced last week. This...
NHI ‘in great shape to start growing’ again, CEO says
By
Kathleen Steele Gaivin
Mar 27, 2023
National Health Investors is reaping the benefits of portfolio optimization begun in 2022, according to President and CEO Eric Mendelsohn. The Murfreesboro, TN-based real estate investment trust is “in...
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...