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.
Gurwin takes Best of Show as 2024 McKnight’s Tech Awards honors dozens of winners
By
James M. Berklan
Oct 04, 2024
Sixteen long-term care technology programs and the individuals and companies behind them were honored Thursday as Gold medalists at the 14th annual McKnight’s Tech Awards ceremony.
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.
More than ADLs: Assisted living now is about treatment, Silverado CEO says
By
Lois A. Bowers
Sep 30, 2024
Assisted living is a “whole different world” compared with 28 years ago, Silverado CEO Loren Shook told those attending a session at the National Investment Center for Seniors Housing & Care’s...
‘Far more people’ receive HCBS than institutional services, CMS says
By
Lois A. Bowers
Sep 30, 2024
“Far more people” received home- and community-based services such as those provided in some assisted living communities and other settings than institutional services such as those provided in nursing...
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...
McKnight’s Senior Living takes home 5 awards in Society of Professional Journalists competition
By
Lois A. Bowers
Sep 09, 2024
McKnight’s Senior Living dominated the business-to-business media categories of the 2024 Ohio’s Best Journalism Contest, winning a total of five awards, including two Best of Show awards.
What the federal election means for entitlements, regulations and immigration
By
Lois A. Bowers
Sep 24, 2024
Regardless of who wins the presidential election, senior living providers should not expect big changes any time soon regarding so-called entitlement programs such as Medicare, Medicaid and Social Security;...
Heroes emerge as providers enter Hurricane Helene recovery mode
By
Kimberly Bonvissuto
Oct 01, 2024
Heavy rains pelted the southeastern United States for several days after Hurricane Helene hit the Florida Gulf Coast. And although some areas experienced life-threatening conditions and flooding, senior...
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.