AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
Look beyond demographics for success in recruiting: speaker
By
Lois A. Bowers
Oct 13, 2022
Long-term care providers looking to diversify their workforces and appeal to particular groups of potential workers increasingly are looking beyond demographics to psychographics, according to Robert Espinoza,...
2023 McKnight’s Tech Awards finalists announced
By
Lois A. Bowers
Aug 21, 2023
Finalists for the 2023 McKnight’s Excellence in Technology Awards have been chosen by a panel of expert judges.
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Put your head in the clouds to realize what’s important to workers
By
Lois A. Bowers
Oct 17, 2022
An interesting trend emerged recently when I spent time with the profiles of the 2022 Best Workplaces for Aging Services lists that Fortune published in partnership with people analytics firm Great Place...