Genesis CEO blames lagging payments, population growth for lackluster earnings report, ongoing struggles ... Police: Man tapped into unsecured nursing home WiFi to download child porn ... LeadingAge CAST updates tools to help caregivers select tech that keep seniors engaged
To get an idea of why different fiscal rules seem to apply to the long-term care sector, look no further than Netflix.
Sunrise Senior Living turnaround chief plots new course as company and its acquirer record positive 3rd quarter resultsNovember 12, 2012
Mark Ordan, the CEO who has directed Sunrise Senior Living's recovery from near bankruptcy in 2009, will remain as CEO of the company for up to a year after the close of the company's sale to Health Care REIT.
Sun Healthcare on Wednesday reported "respectable" earnings growth of 7.7% for the fourth quarter of last year and 18.3% for 2009 overall. The nation's sixth-largest skilled nursing provider said Medicare payments for higher acuity residents, as well as upticks in its affiliated hospice and therapy businesses, drove results.