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...
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...
Brookdale reaches agreement with largest shareholder about new board chair, nominees
By
Lois A. Bowers
Sep 30, 2019
Brookdale Senior Living’s largest stockholder has thrown its support behind the company’s two board nominees in exchange for the company naming one of the candidates to chair if he wins election.
New Senior to sell LCS, Holiday properties for $296 million
By
Lois A. Bowers
Oct 06, 2017
New Senior Investment Group will decrease its skilled nursing exposure and increase its independent living exposure before the end of the year when it completes the sale of $296 million in Life Care Services...
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.
Five Star Senior Living restructuring plan overwhelmingly approved
By
Lois A. Bowers
Jun 12, 2019
An overwhelming 83.9% of Five Star Senior Living shares were voted in favor of a provision key to restructuring the company’s business arrangement with Senior Housing Properties Trust at Five Star’s...
Look beyond demographics for success in recruiting: speaker
By
Lois A. Bowers
Oct 13, 2022
Long-term care providers looking to diversify their workforces and appeal to particular groups of potential workers increasingly are looking beyond demographics to psychographics, according to Robert Espinoza,...
ProMedica to lay off 100, leave 60 more positions unfilled a month after HCR ManorCare deal
By
Lois A. Bowers
Aug 27, 2018
ProMedica is laying off approximately 100 people and will not fill an additional 60 vacant jobs almost exactly a month after finalizing a deal through which it gained control of assisted living and skilled...
Executive’s case pending as memory care community cook found guilty of rape
By
Lois A. Bowers
Aug 13, 2017
A former memory care community cook whose case was highlighted in a CNN report earlier this year was found guilty Thursday of raping a resident who told authorities that the sex was consensual. A case...