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.
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...
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...
New tool helps employers avoid discriminating when using AI in recruiting, hiring
By
Kathleen Steele Gaivin
Sep 26, 2024
The Department of Labor has a new tool meant to help employers avoid discriminating against disabled individuals when they use artificial intelligence to assist them with recruiting and hiring.
Medicare’s solvency is biggest stressor for Americans planning for retirement: survey
By
Kathleen Steele Gaivin
Sep 24, 2024
Almost two-thirds (63%) of respondents to a new survey said they worry that the Medicare program will run out of money before they are eligible for benefits.
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.
Another state bans employers’ ‘captive audience’ meetings
By
Kathleen Steele Gaivin
Oct 02, 2024
California is the most recent state to ban so-called captive audience meetings, where employers might give speeches that discourage employees from joining unions or that promote that the company is anti-union...
Senior living and care fundamentals strengthen in first half of 2024
By
Kathleen Steele Gaivin
Sep 27, 2024
Long-term care fundamentals continued to grow stronger in the first half of the year, and 56% of investors in the sector expect to see little to no change in capitalization rates over the next 12 months,...
PointClickCare launches food service management technology
By
Kathleen Steele Gaivin
Sep 24, 2024
Healthcare technology platform PointClickCare launched Mealtime Solutions, a new food service management system, Sept. 17