Siemens to acquire Brightly Software, formerly Dude Solutions, in $1.6 billion deal
By
Lois A. Bowers
Jun 28, 2022
Cary, NC-based Brightly Software, formerly known as Dude Solutions, will be acquired by Zug, Switzerland-based Siemens Smart Infrastructure in a $1.575 billion deal, plus earn-out, Siemens announced Monday.
Could Brookdale Senior Living critic end up on company’s board?
By
Lois A. Bowers
Jul 11, 2019
A vocal critic of Brookdale Senior Living is being nominated for a position on the company’s board, according to a filing with the Securities and Exchange Commission.
CEO will testify to Senate Special Committee on Aging, Valeant says
By
Lois A. Bowers
Apr 12, 2016
Valeant Pharmaceuticals International said that CEO J. Michael Pearson will testify when the Senate Special Committee on Aging holds its next hearing on drug pricing April 27.
CDC: Life expectancy increases for some
By
Lois A. Bowers
Apr 20, 2016
A new data brief about life expectancy from the CDC’s National Center for Health Statistics arrives one week after a study that found that Americans are living longer but in poorer health.
4 lessons from 3 tech wake-up calls
By
Lois A. Bowers
May 15, 2017
Three tech-related stories that made the news Friday serve as wake-up calls for individuals and businesses.
Another defendant in American Senior Communities fraud case agrees to plead guilty
By
Lois A. Bowers
Nov 27, 2017
Another defendant in the alleged $16 million fraud, kickback and money-laundering scheme involving former executives of American Senior Communities has agreed to plead guilty to charges against him.
Move-in record caps positive quarter for Capital Senior Living
By
Lois A. Bowers
Aug 02, 2016
A record number of move-ins the last week of June capped off a quarter of growth in revenue, occupancy, average monthly rent, net operating income and other metrics in the second quarter as compared with...
NIC acquires VisionLTC to form new data analytics company
By
Lois A. Bowers
Mar 11, 2021
The National Investment Center for Seniors Housing & Care has acquired senior living industry market analytics platform VisionLTC, and together they have formed a new company called NIC MAP Vision that...
2,970 acts of kindness
By
Lois A. Bowers
Mar 02, 2022
Waltonwood senior living communities completed 2,970 acts of kindness during February as part of a company-wide effort inspired by National Random Acts of Kindness Day, Feb. 17. Find out more, and learn...
Five Star finances raise doubts about future, CEO says
By
Lois A. Bowers
Nov 14, 2018
BREAKING NEWS — Five Star Senior Living’s financial situation raises “substantial doubt on our ability to continue as a going concern,” CEO Bruce Mackey said Wednesday morning during the company’s...