Corporate Turnover National for-profit giant Genesis Healthcare needs a new chief executive officer. Genesis announced Harry Wilson will end his tenure as CEO after just seven months. The company said Wilson has “swiftly put forth a strong restructuring plan” and the board has overseen its “successful initial implementation.” Wilson’s only public comments came when Genesis,
WWLTV reported the sad and horrific molestation of a vulnerable adult by a nursing home caregiver. The Bogalusa Police Department arrested Angela Dawn Holloway Austin on charges of sexual abuse of an animal and molestation of a person with a physical or mental disability. She works in a Louisiana nursing home. She was arrested after
Biden’s Build Back Better Act is currently undergoing an analysis by the Congressional Budget Office before heading to the Senate for passage. The law includes some great improvements to health care especially nursing homes. Staffing in Nursing Homes Provisions that increase staffing will increase quality of care in the industry. Nursing homes will need a
Capital Funding Group SavaSeniorCare moved a 29-asset long-term care portfolio in a deal. The deal included a $262.6 million loan for the refinancing of 29 nursing homes. These 29 nursing homes transitioned to four “regional operators”. It is unclear if the regional operators are related entities to the for-profit chain. The portfolio spans across Colorado,
Future Funding LeadingAge President and CEO Katie Smith Sloan recently said if Congress fails to pass Biden’s Build Back Better plan, it would be “one of their greatest failures ever” and would have “catastrophic human consequences” for older adults and their families. She believes the bill needs to include an expansion of home- and community-based
Inconsistency AARP’s Nursing Home COVID-19 Dashboard shows good and bad news. Across the U.S., the AARP dashboard shows a very uneven level of vaccination among nursing home workers. The good news is that in areas with high vaccination rates and vaccine mandates, the nursing home residents are thriving. The bad news is places with low
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