The Centers for Medicare & Medicaid Services on Thursday released updated federal poverty level standards applied to eligibility criteria for Medicaid.
Updated: Brookdale Senior Living makes leadership changes, shares financial expectations
By
Lois A. Bowers
Jan 13, 2023
Brentwood, TN-based Brookdale Senior Living announced several leadership changes Friday morning to “drive improved efficiency and better align our expenses with revenue.”
Good Samaritan Society to exit 15 states, trim capacity by 30 percent
By
Kimberly Marselas
Jan 12, 2023
Evangelical Lutheran Good Samaritan Society, the country’s second-largest not-for-profit senior living and care organization, plans to exit 15 states and reduce its resident and patient count by approximately...
COVID-19 public health emergency extended again, maybe for the last time
By
Lois A. Bowers
Jan 11, 2023
The public health emergency due to COVID-19 has been renewed again for what many experts believe will be the last time.
Senior living begins 2023 with record demand, occupancy
By
Kimberly Bonvissuto
Jan 05, 2023
Senior living has a positive story to tell going into a new year, with occupied units at an all-time high and record demand, according to the latest quarterly data from the National Investment Center for...
Updated: 22 states petition CMS to repeal COVID-19 vaccine mandate for healthcare workers
By
Lois A. Bowers
Nov 17, 2022
A coalition of 22 states led by Montana Attorney General Austin Knudsen (R), today formally called on the Biden administration to withdraw its COVID-19 vaccine mandate for nursing home and other healthcare...
Good Sam, Ebenezer parent organizations to merge
By
Kimberly Bonvissuto
Nov 15, 2022
The parent companies of two of the largest not-for-profit senior living and care organizations in the country announced their intention to merge Tuesday.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
Updated: Sabra Health Care REIT to move 24 North American Health Care properties to Ensign, Avamere
By
Lois A. Bowers
Nov 07, 2022
Irvine, CA-based real estate investment trust Sabra Health Care REIT will transition a 24-property skilled nursing portfolio leased to North American Health Care to two of Sabra’s existing tenants, The...
Updated: CVS plans to sell Omnicare long-term care pharmacy business, saying it is ‘no longer a strategic...
By
Lois A. Bowers
Nov 02, 2022
CVS Health plans to sell its long-term care pharmacy business, Omnicare, reporting a $2.5 billion loss on it in the third quarter, the company announced Wednesday.