Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.
The Pennant Group reports ‘continued positive momentum’ in third quarter
By
Lois A. Bowers
Nov 09, 2023
The Pennant Group saw “continued positive momentum” in operating results in the third quarter, according to Pennant CEO Brent Guerisoli.
Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Atria CEO talks about confronting questions, preparing for future of senior living
By
Lois A. Bowers
Apr 22, 2024
New Atria CEO Holly Belter-Chesser recently took a few minutes to share her thoughts with McKnight’s Senior Living about the company, the industry and the future of senior living.
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...
Congress should create national database about older adults in guardianships, group says
By
Lois A. Bowers
Apr 01, 2024
Congress should create and fund a national database that contains demographic data about older adults who have guardians, recommends a new white paper from Justice in Aging.
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Assisted living rates up 0.6 to 3.8 percent
By
Lois A. Bowers
Mar 29, 2024
Average assisted living community rates increased between 0.6 and 3.8% in 2023 nationally, depending on room type, according to illumifin, an administration and claims solution provider for long-term care...
Reports reveal best, worst states for retirement, falls among older adults
By
Kimberly Bonvissuto
Aug 02, 2024
New reports take a look at the best and worst states for older adults to settle in for retirement, as well as the states with the worst statistics for older adult falls.
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...