Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
People in the news, July 23
By
Eliza Mattson
Jul 23, 2024
Appointments and promotions at AHEPA Senior Living, Anthem Memory Care, BKV Group, Goodwin Living, Knollwood, Massachusetts Assisted Living Association, Watermark Retirement Communities, Volante Senior...
Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
‘Joint employer’ rule will have ‘particularly negative impact on senior living,’ senators say
By
Lois A. Bowers
Nov 27, 2023
The National Labor Relations Board’s new “joint employer” rule will have a “particularly negative impact on senior living arrangements,” the top Republican member of the Senate Special Committee...
Tuesday is final deadline to enter expanded McKnight’s Tech Awards
By
Lois A. Bowers
Jul 03, 2024
Tuesday, July 9, is the final deadline to enter the McKnight’s Excellence in Technology Awards program, expanded for 2024.
Making assisted living communities Medicaid-eligible providers would benefit residents, companies, government,...
By
Lois A. Bowers
Apr 03, 2023
A Pennsylvania legislator has proposed a bill that would allow assisted living communities to become Medicaid-eligible providers, and the results of a new member survey from the Pennsylvania Health Care...
Social Security, Medicare solvency improves slightly, but ‘significant financing issues’...
By
Lois A. Bowers
May 07, 2024
The Treasury Department — with the departments of Health and Human Services and Labor, the Centers for Medicare & Medicaid Services and the Social Security Administration — released the annual Social...