‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Evolving tech is subject of June 20 McKnight’s Senior Living Online Expo webinar
By
Lois A. Bowers
Jun 12, 2024
Evolving technology will be the featured topic in a session at the eighth annual McKnight’s Senior Living Online Expo on Thursday, June 20. Senior living professionals will be able to earn a continuing...
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
McKnight’s Senior Living wins 4 awards for editorial excellence
Apr 15, 2024
Excellence in coverage of news of importance to senior living providers resulted in four awards from the American Society for Business Publication Editors for McKnight’s Senior Living editors and contributors...
Overtime rule review completed by White House
By
Lois A. Bowers
Apr 11, 2024
The Department of Labor’s proposed overtime rule has moved a step closer to being finalized. The White House Office of Management and Budget’s Office of Information and Regulatory Affairs has completed...
‘Joint employer’ rule vacated by judge; business group cheers, NLRB considers next steps
By
Lois A. Bowers
Mar 11, 2024
The US Chamber of Commerce is celebrating, and the National Labor Relations Board is “considering next steps,” after a federal judge on Friday evening vacated the NLRB’s “joint employer” rule...
Healthpeak Properties closes merger with Physicians Realty Trust
By
Lois A. Bowers
Mar 01, 2024
Healthpeak Properties closed today on its previously announced merger with Physicians Realty Trust, as expected, the Denver-based real estate investment trust announced this morning.
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...