CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
Rent increase, acquisitions up revenue, income despite occupancy decline at Ensign
By
Lois A. Bowers
Aug 06, 2018
Revenue and income were up in Ensign Group’s assisted living and independent living services segment in the second quarter compared with the same quarter of 2017, as acquisitions and rent increases...
LTC Properties is ‘firmly in the triple-net camp,’ CEO says
By
Lois A. Bowers
Aug 13, 2018
LTC Properties is offering financing options beyond triple-net leases to meet the expectations of senior living operators, but when it comes to triple-net leases versus the RIDEA structures that some peers...
Ensign banks on assisted living, home care for the future
By
Lois A. Bowers
Nov 13, 2017
Independent and assisted living, along with home healthcare and hospice, are among the growing areas for the Ensign Group, President and CEO Christopher Christensen said Thursday on a third-quarter earnings...
With an eye toward election results, NCAL prepares to discuss federal regulation of assisted living
By
Lois A. Bowers
Oct 16, 2020
National Center for Assisted Living Executive Director Scott Tittle said Thursday that he and the organization’s board members do not regret seeking federal assistance to battle COVID-19, despite the...
New Enlivant CEO seeks to build on strong foundation
By
Lois A. Bowers
Mar 31, 2021
Dan Guill officially becomes CEO of Enlivant tomorrow. In this exclusive interview, he talks about his short-term and long-term goals, COVID-19 vaccination mandates, succession planning, the importance...
Improving diversity, equity, inclusion and belonging in senior living ‘not a quick fix’
By
Lois A. Bowers
Mar 24, 2022
Senior living companies will have their first opportunity to share information about their diversity, equity, inclusion and belonging efforts with the Senior Living DEIB Coalition when a survey goes out...
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
Mo Rocca: We all have a story, and we never should stop writing it
By
Lois A. Bowers
Jun 24, 2024
The importance of sharing our life stories, and listening to others’ stories, is one of several lessons I gleaned from a recent discussion with journalist, humorist and history buff Mo Rocca.
Older Americans Act reauthorization appears destined for president’s desk
By
Lois A. Bowers
Mar 21, 2016
A bill reauthorizing the Older Americans Act appears destined for the president’s desk after the U.S. House of Representatives passed a version of S. 192 March 21.