Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
People in the news, June 18
By
Eliza Mattson
Jun 18, 2024
Appointments and promotions at Athletico Physical Therapy, The Aspenwood Company, Capital Funding Group, Church Homes, The Danish Home of Chicago, Hebrew Senior Living, Kisco Senior Living, Morning Pointe...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...
Healthcare real estate investment trust HCP still expects Scott Brinker to join the company in January as executive vice president and chief investment officer, despite allegations from his former employer,...
Five Star takes steps to mitigate effects of memory care occupancy challenges
By
Lois A. Bowers
May 16, 2018
Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives...
Vaccine mandates affecting home health workers likely to spur more legal challenges
By
Diane Eastabrook
Sep 21, 2021
The federal COVID-19 vaccine mandate affecting home healthcare workers is likely to draw a number of legal challenges, especially when it comes to medical and religious exemptions.
Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019
As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...
New Welltower CEO remains committed to ‘wellness infrastructure’
By
Kimberly Bonvissuto
Oct 30, 2020
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
Long-term care execs see modest salary increases: report
By
Kimberly Bonvissuto
Feb 23, 2024
Long-term care corporate executives took home an average salary increase of 3.69% last year, up slightly from the 3.17% reported salary increase in 2022, according to a new report.
Home Care briefs for Wednesday, Feb. 17
By
Joe Jancsurak
Feb 17, 2021
PHI executive stresses options for compensation and economic security for direct care workers … CVS Health’s Q4 earnings beat expectations thanks to growth in prescription volume and COVID-19 vaccines...