Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
Updated: Philip Esformes reaches plea deal with federal prosecutors on remaining charges in landmark...
By
Lois A. Bowers
Feb 02, 2024
Philip Esformes, the assisted living community and nursing home owner charged in 2016 in a $1.3 billion healthcare fraud case that the federal government at the time called “the largest healthcare fraud...
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
Staffing agencies to pay $260,000 for overcharging senior living operators
By
Lois A. Bowers
Jan 29, 2024
Three temporary staffing agencies collectively will pay more than $260,000 to resolve allegations that they charged assisted living communities and nursing homes rates that were higher than the maximums...
First-ever survey of LGBTQIA+ older adults cheered by senior living provider groups
By
Lois A. Bowers
Jan 29, 2024
A planned first-ever statewide survey of LGBTQIA+ older adults in California is drawing cheers from senior living industry advocates.
UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
Friday is final deadline for 2024 Women of Distinction nominations
By
Lois A. Bowers
Jan 08, 2024
This Friday, Jan. 12, is the final nomination deadline for the 2024 McKnight’s Women of Distinction awards program. All submissions must be received by 11:59 p.m. ET.
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Friday is nomination deadline for 2024 McKnight’s Women of Distinction awards
By
Lois A. Bowers
Jan 02, 2024
This Friday, Jan. 5, is the standard nomination deadline for the 2024 McKnight’s Women of Distinction awards program.