Appointments, promotions and other news at Ahepa Senior Living, Anthem Memory Care, The Aspenwood Company, Benchmark Senior Living, Bridge Group Construction, CVS Health, Cypress Cove, D1Group Architecture,...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
Actions & Transactions, July 10
Jul 10, 2023
ESI arranges sale of nonprofit LTC community in Virginia … Omnicare parent CVS Health declares quarterly dividend of $0.605 per share of common stock … Resort Lifestyle Communities opens new community...
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.
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.
Long-term care providers must prepare for an influx of aging baby boomers
By
Nicole Kostelc
Dec 15, 2022
As more baby boomers enter their advanced years, there will be an increase in demand for long-term care to meet their specific functional, medical and social needs, with the potential to reach unprecedented...
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.
Business briefs, Aug. 31
By
Lois A. Bowers
Aug 31, 2022
American Senior Communities first in US to deploy MyndVR 3.0 with HTC VIVE Flow Immersive Glasses … Opinion: Tighten up Medicaid eligibility these ways … Omnicare parent CVS named to top 10 lists for...
Stumbling blocks or stepping stones: the path to decreasing antipsychotic and psychotropic drug use in...
Aug 30, 2022
[Partner content] Join Nancy Losben, executive director of quality at Omnicare, and McKnight’s Long-Term Care News Executive Editor Jim Berklan as they discuss the use of psychotropic drugs in...
People in the news, July 5
By
Nicole Blanchard
Jul 05, 2022
Appointments, promotions and other news at Bluestone Physician Services, Emerald Communities, Greystone, KARE, Lifespace Communities, Omnicare, Radiant Senior Living and WesleyLife.