Today’s the day! Women of Distinction entries due by midnight ET
By
Lois A. Bowers
Jan 10, 2023
Nominations to the 2023 McKnight’s Women of Distinction awards program are due by midnight ET today. Visit mcknightswomenofdistinction.com.
Big senior living stories of 2022
By
Lois A. Bowers
Dec 22, 2022
Here are some of the major stories that affected senior living providers in 2022.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
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...
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...
Labor Department issues independent contractor final rule
By
Lois A. Bowers
Jan 09, 2024
The Department of Labor this morning issued a final rule that will change how senior living companies and other employers determine who is an employee and who is an independent contractor.
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.
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.