‘Significant’ cost increases coming for nursing facilities, CCRCs, home care … Bureau of Labor Statistics issues March employment situation summary … Executive order aims to improve...
GreatCall to be acquired by Best Buy for $800 million
Aug 16, 2018
GreatCall is being acquired by Best Buy Co. Inc. for $800 million in cash, the latter company announced Wednesday. The transaction is expected to close by the end of Best Buy’s fiscal 2019 third...
Cantone Research denies FINRA claim of loss to investors
By
Lois A. Bowers
Feb 16, 2016
A complaint against a broker-dealer that served as a placement agent for some holdings of a senior living businessman in trouble with the Securities and Exchange Commission contains “blatant misrepresentations,”...
Former senior living employee faces up to 40 years in prison, $500,000 fine in fraud case
By
Lois A. Bowers
Sep 25, 2016
An Illinois senior living community employee faces up to 40 years in prison and a fine of up to $500,000 after pleading guilty to mail fraud and wire fraud.
27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation
By
Lois A. Bowers
Feb 14, 2020
A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.
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...
Capital Senior Living reiterates uncertainty about future to SEC
By
Lois A. Bowers
Aug 11, 2020
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with...
HCP continues to reduce stake in Brookdale as losses mount
By
Lois A. Bowers
Feb 13, 2017
HCP Inc. continues to reduce the concentration of Brookdale Senior Living assets in its portfolio as Brookdale President and CEO Andy Smith cites “a difficult environment.”
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...