NLRB shares plans to prosecute employers requiring noncompete agreements, ‘stay or pay’ provisions
By
Lois A. Bowers
Oct 08, 2024
The National Labor Relations Board’s top attorney said Monday that she intends to prosecute employers that require their employees to sign noncompete agreements and so-called stay-or-pay provisions,...
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.
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...
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.
Almost a million Medicare beneficiaries potentially affected by data breach, CMS says
By
Lois A. Bowers
Sep 06, 2024
Almost a million Medicare beneficiaries could have been affected by a data breach announced Friday by the Centers for Medicare & Medicaid Services.
Actions & Transactions, Sept. 3
By
Lois A. Bowers
Sep 03, 2024
CareTrust REIT acquires 2 SNFs for $62.1 million, replenishes investment pipeline … Blueprint facilitates sale of a 60-unit assisted living community in Florida … Oct. 1 is bid deadline for Autumn...
Business briefs, Aug. 30
By
John Roszkowski
Lois A. Bowers
Aug 30, 2024
Capital lending and the growing senior living housing crisis … New Jersey assisted living community first in state to receive Joint Commission accreditation … Brio Living Services recognized for HR...
Actions & Transactions, Aug. 30
By
John Roszkowski
Lois A. Bowers
Aug 30, 2024
Lutheran SeniorLife to build new independent living cottages … New Ovation independent living community opens in Nebraska … Morning Pointe expanding to offer early memory care services in Hardin Valley,...