‘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.
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
‘Tens of thousands’ of nursing home caregivers could lose their jobs this week: AHCA
By
Lois A. Bowers
Oct 04, 2022
Tens of thousands of nursing home caregivers could lose their job on Friday if the Centers for Medicare & Medicaid Services does not reissue a blanket waiver, the American Health Care Association said...
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.