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...
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.
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.
Invesque makes addition, dispositions and operator transitions
By
Lois A. Bowers
Nov 10, 2023
Invesque continued to adjust its portfolio through an addition, dispositions and operator transitions in the third quarter and afterward, the Fishers, IN-based healthcare real estate company reported as...
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.
More than 6 years later, GAO still looking for CMS to act on assisted living recommendation
By
Lois A. Bowers
Mar 19, 2024
The Centers for Medicare & Medicaid Services still has not taken action on a recommendation made by the US Government Accountability Office in a January 2018 report on assisted living, the GAO said in...
MFCU efforts result in 20 convictions, $9.41 million in recoveries related to assisted living in FY 2023:...
By
Lois A. Bowers
Mar 18, 2024
Efforts by state Medicaid Fraud Control Units resulted in a total of 20 criminal convictions and $9.41 million in criminal case recoveries related to assisted living in fiscal year 2023, according to a...
More news for Monday, April 1
Apr 01, 2024
April is Care Workers Recognition Month, White House proclaims … Who’s Who in Congress: Elder Justice Policy resource released … Reducing sedentary behavior cuts sitting time, blood pressure in older...
More news for Friday, March 29
By
Lois A. Bowers
Mar 29, 2024
Lutheran Senior Services / Diakon agreement forms one of largest US nonprofit LTC organizations … CMS releases Medicare, Medicaid enrollment figures … CMS issues new guidance, other resources related...