ProMedica launches initiative to extend services ‘beyond the four walls of healthcare’
By
Kathleen Steele Gaivin
Sep 27, 2021
Toledo, OH-based ProMedica, parent to ProMedica Senior Care, which includes the former HCR ManorCare, Arden Courts and Heartland, is changing its approach to healthcare to prioritize social determinants...
LCS completes planned recapitalization with Redwood, McCarthy, LCS employee shareholders
By
Kathleen Steele Gaivin
Jan 05, 2022
Life Care Services, the nation’s second-largest senior living operator, according to Argentum and the American Seniors Housing Association, has completed a long-anticipated recapitalization that includes...
Slow recovery leads to healthcare spending decline for first time in 50+ years
By
Kathleen Steele Gaivin
Jul 28, 2022
For the first time in more than 50 years, inflation-adjusted healthcare spending declined, according to a research brief published Wednesday by research and consulting organization Altarum.
Downtown urban areas to be major focus for senior living developers, experts predict
By
Kathleen Steele Gaivin
Apr 12, 2022
Senior living’s expansion into downtown urban areas caught the eye of the Wall Street Journal Friday.
Kendal to relocate PA headquarters to University of Delaware
By
Kathleen Steele Gaivin
Jan 13, 2022
Kendal Corp., the Kennett Square, PA-based supporting organization for the Kendal System, announced plans Wednesday to move its headquarters to the University of Delaware’s Science, Technology and Advanced...
Senior living development interest ‘significantly higher’ this year even as costs rise
By
Kathleen Steele Gaivin
Jun 09, 2022
“The interest in new campus development from senior living providers and developers is significantly higher year over year,” despite commodity and supply chain challenges, rising interest rates and...
Nursing home owner, operator fined after flooring project exposes workers, residents to asbestos, OSHA...
By
Kathleen Steele Gaivin
Jul 26, 2021
A Missouri nursing home’s owner and operator, as well as a contractor, are being fined after workers and residents were exposed to asbestos when the material was removed during a flooring replacement...
Take another look at ‘joint employer’ standard, court tells NLRB
By
Kathleen Steele Gaivin
Aug 02, 2022
A Washington, DC, district court on Friday directed the National Labor Relations Board to revisit its “joint employer” standard and more fully explain its reasoning for applying the rule to a case...
Welltower made ‘significant’ ESG gains in 2021: report
By
Kathleen Steele Gaivin
Jul 06, 2022
Toledo-based Welltower made significant ESG gains in 2021, including donations more than $587,000 in environmental, social and governance-related contributions to industry organizations, and 97% of the...
Omega portfolio occupancy growth thwarted by omicron in fourth quarter
By
Kathleen Steele Gaivin
Feb 04, 2022
The omicron variant of COVID-19 has dramatically slowed skilled nursing facility occupancy recovery and created additional labor challenges, Omega Healthcare Investors CEO Taylor Pickett said Thursday...