Drug company involving senior living parent companies now has name, CEO, financing, Rx targets
By
Lois A. Bowers
Sep 10, 2018
The not-for-profit generic drug company that parent organizations of senior living community operators and others announced in January now has a name, a CEO, $30 million in support from three national...
AdCare reorganization vote slated for Sept. 20
By
Lois A. Bowers
Aug 14, 2017
Shareholders will vote Sept. 20 on a proposed reorganization after which AdCare Health Systems would be known as Regional Health Properties, Allan Rimland, the self-managed real estate investment company’s...
Focus On: Staffing briefs
Feb 13, 2020
Read about employee turnover, hourly wages, workforce management and an anniversary.
Employee jailed after colleague reports ‘lap dance’ with 100-year-old resident
By
Lois A. Bowers
Feb 21, 2017
An employee of an Ohio senior living community was jailed on Friday after a colleague reported that the woman had simulated a “lap dance” with a 100-year-old male resident with dementia. Cellphone...
NorthStar, Colony plan ‘shareholder-friendly’ governance
By
Lois A. Bowers
Oct 18, 2016
NorthStar Asset Management Group, private equity firm Colony Capital and commercial real estate company NorthStar Realty Finance are on track to close on their merger plans in January after reworking the...
Ascension Living parent forms global supply chain joint venture with Australia-based organization
By
Lois A. Bowers
May 03, 2018
St. Louis-based Ascension, the parent company of senior living operator Ascension Living, has formed a global supply chain joint venture with Sydney, Australia-based Ramsay Health Care to try to reduce...
People in the news, Oct. 10
Oct 10, 2023
Appointments and promotions at Avail Senior Living, Calson Management, Christian Horizons, Design Environments, Elancé Luxury Living, Guardian Pharmacy of Southwest Florida, Kendal, Lifespace Communities,...
Business briefs, April 10
Apr 10, 2023
‘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...
People in the news, Nov. 5
Nov 05, 2019
Appointments and promotions at the Alaska State Hospital and Nursing Home Association, Arrow Senior Living Management, Assurance, Bank Leumi, Commonwealth Senior Living, Erdmann, Heron’s Key, Hord Coplan...