New law creates oversight of staffing agencies but doesn’t protect against ‘price-gouging’
By
Kimberly Bonvissuto
Nov 07, 2022
A new law in Pennsylvania will create oversight and accountability for long-term care staffing agencies, but it does not address the rates they charge.
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...
Tax bill update: Corporate tax tweak, reprieve for PABs?
By
John O'Connor
Dec 14, 2017
It’s looking like the new corporate tax rate designation will be 21% rather than 20%, as Republican House and Senate negotiators rushed to finalize a tax deal Wednesday.
$1.2 million nursing home quality initiative to be spearheaded by LeadingAge
By
Kathleen Steele Gaivin
Jun 15, 2022
LeadingAge will use a two-year, $1.2 million grant from the John A. Hartford Foundation to work to improve nursing home quality based on the recommendations of a recent national report, the foundation...
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
Vitas revenues slip in 2021 1Q following pandemic hit to senior living referrals: execs
By
Liza Berger
Apr 29, 2021
COVID-19’s impact on the hospice business played a role in lower 2021 first quarter revenues for Vitas Healthcare Corp., the hospice division of Chemed, which also owns Roto-Rooter, a plumbing and drain...
PharMerica to go private in $1.4 billion deal as it looks to ‘aggressively compete’ for assisted...
By
Lois A. Bowers
Aug 02, 2017
PharMerica Corp. says that its $1.4 billion acquisition by a newly formed company controlled by global investment firm KKR, with Walgreens Boots Alliance as a minority investor, will provide additional...
People in the news, Jan. 31
Jan 31, 2023
Appointments, promotions and other news at the American College of Health Care Administrators, Argentum, Civitas Senior Living, Commonwealth Senior Living, Epoch Senior Living, Erickson Senior Living,...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
FDA approves new drug to treat Alzheimer’s
Jul 02, 2024
In clinical trials, donanemab (Kisunla) modestly slowed the pace of thinking declines among patients in the early stages of the memory-robbing disease. But it also carried significant safety risks, including...