Federal government ‘in second inning’ of coronavirus relief, official says
By
Lois A. Bowers
Mar 16, 2020
The federal government is “in the second inning” of providing relief related to coronavirus disease 2019 (COVID-19), Treasury Sec. Steven Mnuchin said at a Saturday press conference. Here’s the...
Invesque seeks to divest non-core assets, create efficiencies in 2020
By
Lois A. Bowers
Mar 13, 2020
Invesque plans to “opportunistically divest non-core assets and redeploy capital with our preferred partners” in 2020, Chairman and CEO Scott White said Thursday. The healthcare real estate company...
President’s clemency order in $205 million case sends message that assisted living fraud is OK, former...
By
Lois A. Bowers
Mar 19, 2020
President Trump’s commutation of the 35-year prison sentence of a woman convicted of orchestrating a $205 million Medicare fraud scheme that involved assisted living facility owners and operators “may...
Only half of adults who want to age in place believe they will, study finds
By
Lois A. Bowers
Mar 11, 2020
Almost two-thirds (65%) of adults want to age in place, but only one-third (33%) believe they will be able to do so, according to the results of a survey released Tuesday.
People in the news, March 3
Mar 03, 2020
Appointments and promotions at Brookdale Senior Living, Christian Living Communities-Cappella Living Solutions, Five Star Senior Living, Pegasus Senior Living, Virginia Lutheran Homes, Waltonwood and Westminster...
Wendy Simpson to be honored with 2020 McKnight’s Women of Distinction Lifetime Achievement Award
By
Lois A. Bowers
Mar 02, 2020
LTC Properties President, CEO and Chairman Wendy Simpson has been chosen as the second recipient of the McKnight’s Women of Distinction Lifetime Achievement Award.
More news for Wednesday, Feb. 26
Feb 26, 2020
Alleged senior living resident serial killer indicted in two more deaths for a total of 14 … Brookdale Senior Living to lay off 58 in home health and hospice group … Ping pong may be good physical...
PGIM Real Estate raises almost $1 billion for senior living fund
Feb 25, 2020
PGIM Real Estate has raised $996 million in commitments for its dedicated closed-end fund Senior Housing Partners VI, the company announced Monday.
$6 million Labor Department grant to Argentum will fund apprenticeship program for senior living
By
Lois A. Bowers
Feb 21, 2020
Argentum expects to use a grant of almost $6 million from the Department of Labor to train more than 7,200 apprentices in key senior living and allied health occupations, the organization announced Wednesday.
‘Baseless’ lawsuit said to be part of ‘ongoing campaign’ that could affect operators across the...
By
Lois A. Bowers
Feb 19, 2020
One of the country’s largest senior living operators is pushing back against a potential class action lawsuit in California, calling its claims “baseless” and “categorically false.” The outcome...