Siemens to acquire Brightly Software, formerly Dude Solutions, in $1.6 billion deal
By
Lois A. Bowers
Jun 28, 2022
Cary, NC-based Brightly Software, formerly known as Dude Solutions, will be acquired by Zug, Switzerland-based Siemens Smart Infrastructure in a $1.575 billion deal, plus earn-out, Siemens announced Monday.
McKnight’s Senior Living captures 3 awards for writing
Jun 13, 2022
McKnight’s Senior Living editors captured three awards for writing Friday evening at the Press Club of Cleveland’s 44th All Ohio Excellence in Journalism Awards.
Welltower buys 25-property portfolio for $502 million, will ‘significantly expand’ presence in active...
By
Lois A. Bowers
Jun 06, 2022
Welltower’s acquisition of a 25-property senior apartment portfolio from Wheatfield, NY-based Calamar Inc. for $502 million will “significantly expand its market leadership” in active adult housing...
CMS updates Medicaid eligibility standards
By
Lois A. Bowers
Jun 02, 2022
The Centers for Medicare & Medicaid Services on Thursday afternoon announced updated standards for Medicaid financial eligibility for married individuals seeking coverage of certain long-term services...
CMS adjusts HCBS final rule implementation, but industry seeks more time
By
Lois A. Bowers
May 26, 2022
The Centers for Medicare & Medicaid Services announced some adjustments regarding the implementation of its home- and community-based services final rule this week, but senior living industry association...
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
54 percent increase in low-care nursing home residents presents opportunity for assisted living
By
Lois A. Bowers
May 17, 2022
The percentage of nursing home residents who are considered “low care” increased 54% between 2019 and 2020, representing an opportunity for assisted living providers, according to a new report.
McKnight’s Senior Living nabs two national awards for quality of news coverage
May 16, 2022
McKnight’s Senior Living took home two national awards recognizing the strength of the news content it provides readers Thursday night at the American Society of Business Publication Editors’ annual...
AHCA/NCAL, 15 other groups pressure HHS to extend public health emergency
By
Lois A. Bowers
May 12, 2022
The official start of summer is more than a month away, but 16 national organizations, including the American Health Care Association / National Center for Assisted Living, were thinking of fall and the...
U.S. News names 1,274 ‘Best Senior Living’ communities in inaugural year
By
Lois A. Bowers
May 10, 2022
More than 1,200 senior living communities operated by more than 80 companies have another way to stand out among their peers starting this morning, as the inaugural U.S. News & World Report’s Best Senior...