Trump administration will develop own overtime rule
By
Lois A. Bowers
Jul 05, 2017
The Department of Labor under President Trump plans to develop its own rule regarding overtime pay rather than continue a legal battle to enact a rule proposed under the Obama administration, government...
Omnicare layoffs fuel speculation about possible CVS marketplace exit
By
Kimberly Bonvissuto
Lois A. Bowers
Aug 14, 2020
CVS Health is proceeding with layoffs that could exceed 700 employees within Omnicare, its long-term care pharmacy business, a source tells McKnight’s Senior Living. CVS confirmed that layoffs will occur,...
NHI CEO: ‘Not out of the woods’ with senior housing
By
Lois A. Bowers
Feb 21, 2020
National Health Investors is “in much better shape as we enter 2020” compared with 2019, which the Murfreesboro, TN-based real estate investment trust started “in a much more defensive posture than...
Capital Senior Living to add board member, seek Lucus input
By
Lois A. Bowers
Mar 21, 2016
Capital Senior Living will appoint a new member to its board under the terms of an agreement with investment firm Lucus Advisors announced March 21 in advance of the organization’s annual meeting.
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
93-year-old Graceworks Lutheran Services to get first woman CEO, Judy Budi
By
Lois A. Bowers
Jan 16, 2019
Joining a growing list of women recently named to lead senior living organizations, Judy A. Budi will become the president and CEO of Centerville, OH-based Graceworks Lutheran Services effective March...
5 takeaways from Brookdale’s appearance at the Nashville Investment Conference
By
Lois A. Bowers
Nov 14, 2019
Brookdale Senior Living executives shared the company’s efforts to improve move-ins, resident satisfaction and employee retention when they appeared Wednesday at the 2019 Nashville Investment Conference....
CCRC discriminated against employees based on race, EEOC says
By
Lois A. Bowers
Sep 22, 2017
A Newburgh, IN, continuing care retirement community violated federal law because it accommodated residents’ preferences for caregivers based on race and allowed employees to be subjected to racial...
78 people charged for $2.5 billion in alleged healthcare fraud
By
Lois A. Bowers
Jun 29, 2023
A two-week nationwide law enforcement action has culminated in criminal charges against 78 defendants for their alleged participation in telemedicine, pharmaceutical and other healthcare fraud, as well...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...