Gurwin takes Best of Show as 2024 McKnight’s Tech Awards honors dozens of winners
By
James M. Berklan
Oct 04, 2024
Sixteen long-term care technology programs and the individuals and companies behind them were honored Thursday as Gold medalists at the 14th annual McKnight’s Tech Awards ceremony.
Omnicare parent CVS Health to lay off almost 3,000 employees
By
Lois A. Bowers
Oct 01, 2024
CVS Health, the parent company of long-term care pharmacy Omnicare, is planning to lay off approximately 2,900 employees as it faces “continued disruption, regulatory pressures and evolving consumer...
Brookdale Senior Living to acquire 41 communities for $610 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will acquire 41 communities for $610 million, the company announced Monday morning.
Brookdale Senior Living to buy 18 communities from Diversified Healthcare Trust for $135 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will pay $135 million to buy 18 senior living communities from Diversified Healthcare Trust, the Newton, MA-based real-estate investment trust has announced.
More than ADLs: Assisted living now is about treatment, Silverado CEO says
By
Lois A. Bowers
Sep 30, 2024
Assisted living is a “whole different world” compared with 28 years ago, Silverado CEO Loren Shook told those attending a session at the National Investment Center for Seniors Housing & Care’s...
‘Far more people’ receive HCBS than institutional services, CMS says
By
Lois A. Bowers
Sep 30, 2024
“Far more people” received home- and community-based services such as those provided in some assisted living communities and other settings than institutional services such as those provided in nursing...
American Healthcare REIT sole owner of Trilogy after $258 million deal
By
Lois A. Bowers
Sep 25, 2024
American Healthcare REIT announced late Tuesday that it now fully owns the parent company of Trilogy Health Services after paying approximately $258 million to acquire the remaining 24% minority membership...
What the federal election means for entitlements, regulations and immigration
By
Lois A. Bowers
Sep 24, 2024
Regardless of who wins the presidential election, senior living providers should not expect big changes any time soon regarding so-called entitlement programs such as Medicare, Medicaid and Social Security;...
People in the news, Oct. 1
By
Foster Stubbs
Oct 01, 2024
Appointments, promotions and other news at Blakeford Senior Life, Ebenezer Senior Living, Erickson Senior Living, LCB Senior Living, Parasol Alliance, Presbyterian Homes & Services and Presbyterian Senior...
HHS announces $19 million to build long-term care, acute care nurse workforce
By
Lois A. Bowers
Sep 18, 2024
The federal government on Tuesday announced $19 million in funding to five schools to help educate nurses to work in long-term care and acute healthcare settings.