MatrixCare to be acquired by ResMed for $750 million
Nov 06, 2018
Minneapolis-based software company MatrixCare will be acquired by San Diego-based ResMed for $750 million, the companies announced Monday.
Manhattan high-rise opening on track as Omega continues to expand senior housing presence
By
Lois A. Bowers
Nov 06, 2018
Omega and Maplewood’s senior living high-rise in Manhattan is on track to open late next year and is part of Omega’s increasing presence in senior living, company officials said Monday.
Learn about staffing, AI solutions from industry experts June 27 at free virtual event
By
Lois A. Bowers
Jun 24, 2024
What happens when you bring together provider experts and marketplace partners to discuss the long-term care field’s most pressing issues? Fresh ideas, new approaches and innovative solutions. Join McKnight’s...
Genworth settles class action lawsuit for $219 million
By
Lois A. Bowers
Mar 13, 2016
Genworth Financial has agreed to pay $219 million to settle a class action lawsuit that alleged securities law violations by the company and some of its officers.
Anthem Memory Care occupancy, earnings improving, LTC CEO says
By
Lois A. Bowers
Mar 05, 2018
Anthem Memory Care continues to make progress on occupancy and earnings, LTC Properties Chairman, President and CEO Wendy Simpson said Friday during the Westlake Village, CA-based real estate investment...
Feb. 18 hearing set to discuss national senior living standards
By
Lois A. Bowers
Jan 16, 2020
The American National Standards Institute has set a hearing date of Feb. 18 for its Executive Standards Council to hear appeals to the organization’s approval of Argentum’s application to be an accredited...
Proposed federal quality measures could exacerbate providers’ financial woes, groups warn
By
Lois A. Bowers
Jul 07, 2023
Quality measures that are part of a proposed rule from the Centers for Medicare & Medicaid Services have the potential to burden assisted living providers financially and administratively, industry advocates...
HUD expands internet access program for low-income seniors
By
Lois A. Bowers
Jul 20, 2016
The U.S. Department of Housing and Urban Development has announced an expansion of its ConnectHome program to make high-speed internet access more readily available and affordable to senior citizens and...
Bacon, Erickson, Vick to join ASHA Senior Living Hall of Fame in 2022
Jan 12, 2022
Brenda Bacon, John Erickson and Steven Vick will be inducted into the American Seniors Housing Association Senior Living Hall of Fame later this month at the organization’s annual meeting in Phoenix,...
Fragmented markets, small operators are challenges for NIC’s Actual Rates Initiative
By
Lois A. Bowers
Mar 05, 2020
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a...