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.
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...
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...
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.
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.
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...
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...
Vote for incumbent directors, NHI advises in supplemental proxy
By
Kathleen Steele Gaivin
May 09, 2024
National Health Investors is asking stockholders to reject an activist investor’s recommendation to not re-elect two of three people up for re-election to the board of the Murfreesboro, TN-based real...
Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.