‘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...
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
A final rule issued Tuesday by the Federal Trade Commission will prohibit employers across the country from using noncompete agreements in most instances.
PharMerica parent BrightSpring announces equity grant program for employees as company begins trading...
By
Kathleen Steele Gaivin
Lois A. Bowers
Feb 05, 2024
Louisville, KY-based BrightSpring Health Services, the parent company of long-term care pharmacy PharMerica, began trading on Nasdaq on Jan. 26 following the pricing of its initial public offering the...
63-SNF Regency becomes new nonprofit, Wellsential Health
By
Lois A. Bowers
Oct 10, 2023
The Victoria, TX-based organization now known as Wellsential Health now is the largest family of nonprofit SNFs in Texas, according to the company.