‘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.
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.
12 tips for recruiting and retaining staff members
By
Lois A. Bowers
Mar 28, 2022
At what National Investment Center for Seniors Housing & Care President and CEO Brian Jurutka said was “probably the most important session” at the group’s Spring Conference, four speakers shared...
Argentum, AHCA/NCAL, LeadingAge execs make ‘top lobbyists’ list
By
Lois A. Bowers
Dec 03, 2021
Leaders from Argentum, the American Health Care Association / National Center for Assisted Living and LeadingAge have been named to The Hill’s “Top Lobbyists 2021” list, published Wednesday.