Social Security, Medicare solvency improves slightly, but ‘significant financing issues’...
By
Lois A. Bowers
May 07, 2024
The Treasury Department — with the departments of Health and Human Services and Labor, the Centers for Medicare & Medicaid Services and the Social Security Administration — released the annual Social...
Biden vetoes resolution to repeal NLRB ‘joint employer’ rule
By
Lois A. Bowers
May 07, 2024
President Joe Biden, as expected, on Friday announced his veto of a resolution to repeal the National Labor Relations Board’s “joint employer” rule.
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
Healthcare cost worries may be causing retirees to curtail lifestyle spending
By
Lois A. Bowers
Mar 29, 2024
Concerns about healthcare costs may be leading retirees to spend less and curtail their lifestyles in retirement, according to a new survey.
4 strategies Brookdale is using to combat new competition
By
Lois A. Bowers
Aug 08, 2017
The opening of new communities near Brookdale Senior Living properties challenged the country’s largest senior living operator in the second quarter, President and CEO Andy Smith told participants...
Housing is ‘lynchpin to aging well,’ hearing witness tells Aging Committee
By
Lois A. Bowers
May 17, 2017
If the United States wants to become more age-friendly, it must do a better job of addressing the affordable housing needs of older Americans, a witness told members of the Senate Special Committee on...
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
Aegis Living gambles on uncommon perk to foster employee loyalty
By
Lois A. Bowers
Apr 03, 2017
Eight employees of Aegis Living are going to be especially happy Wednesday afternoon. That’s the day their Redmond, WA-based employer is announcing the winners of its Dream Big Lottery. Last year’s...
Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
CVS looks to assisted living for future Omnicare success after disappointing quarter
By
Lois A. Bowers
Aug 09, 2018
Assisted living figures prominently in the future plans that CVS Health executives shared Wednesday to improve performance in its Omnicare long-term care pharmacy business.