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.
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
Big senior living stories of 2022
By
Lois A. Bowers
Dec 22, 2022
Here are some of the major stories that affected senior living providers in 2022.
AHCA/NCAL asks HHS to extend COVID-19 public health emergency past Jan. 11
By
Lois A. Bowers
Nov 03, 2022
The COVID-19 public health emergency should be extended past Jan. 11 “so that long-term and post-acute care providers can continue to offer the most efficient and effective care possible and so our nation’s...
NIC announces new president and CEO
By
Lois A. Bowers
Oct 12, 2022
The National Investment Center for Seniors Housing & Care announced a new president and CEO on Wednesday. It’s someone not new to NIC, however.
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
Provider boosts cybersecurity infrastructure, training after 2 ransomware attacks
By
Lois A. Bowers
Nov 29, 2021
Cincinnati-based Episcopal Retirement Services said that it is implementing additional safeguards to its existing cybersecurity infrastructure and enhancing employee cybersecurity training after experiencing...