Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
Caregiver pay in the balance as advocacy groups size up proposed spending requirements
By
Lois A. Bowers
Jul 17, 2023
As assisted living provider advocacy groups try to influence federal home- and community-based services-related policy, their comments are joined by thousands of others, some in agreement with industry...
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...
CMS’ spending requirement in HCBS rule ‘not the right approach,’ senior living advocates say
By
Lois A. Bowers
Jul 06, 2023
A proposal that the Centers for Medicare & Medicaid Services says is meant to “support and stabilize the direct care workforce” in home- and community-based settings, if it becomes final, ultimately...
UPDATED: Diversified Healthcare Trust announces ‘event of default’ on $450 million credit facility
By
Lois A. Bowers
Jun 29, 2023
Diversified Healthcare Trust announced Thursday morning that a “non-monetary event of default” had occurred under its $450 million credit facility.
Granger Cobb Institute Director Nancy Swanger, PhD, discusses building bridges to the future
By
Lois A. Bowers
Jun 27, 2023
Nancy Swanger, PhD, is the founding director of the Granger Cobb Institute for Senior Living and an associate professor in the School of Hospitality Business Management in the Carson College of Business...
‘There’s always tension’: NCAL addresses fears of increased federal regulation of assisted living
By
Lois A. Bowers
Kimberly Marselas
Jun 07, 2023
Lobbying federal decision-makers for legislation that would benefit the assisted living sector may come with some risk of increased federal scrutiny, American Health Care Association / National Center...
Brookdale Senior Living’s HealthPlus care coordination program expands to more communities
By
Lois A. Bowers
May 10, 2023
Brookdale Senior Living’s test of a value-based care coordination program for residents delivered “extremely promising” results, and the program now is being rolled out to additional communities,...
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...