President Biden’s staffing mandate would crush nonprofit nursing homes too
By
Brendan Williams
Jan 08, 2024
Although President Biden, once the darling of the credit card industry and now reborn as an economic populist, has never said anything positive about nursing homes, he has inferred that nonprofit...
Long-term care could use a new vanguard
By
John O'Connor
Feb 15, 2021
Much has improved since I began covering this field in 1990. But, sadly, one discomforting reality remains. And if anything, it’s gotten worse.
Tax bill reveals a great divide in long-term care
By
John O'Connor
Dec 04, 2017
One of the more interesting aspects of the epic battle over the tax reform bill has been this sector’s response. One major long-term care organization continues to blast proposed changes while the...
Merger of ABHOW and be.group will create nonprofit LTC giant
By
Jul 08, 2015
American Baptist Homes of the West and be.group have announced they will merge next year to create one of the largest nonprofit senior living organizations in the country.
Nonprofit providers face alarming market forces, must rally, LeadingAge chairman says
By
Tim Mullaney
Oct 22, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet and the sector as a whole could falter, LeadingAge Chairman David Gehm told association...
Bad news, good ideas
By
William C. Fisher
Oct 01, 2013
There is bad news about nonprofit investment returns. Organizations made changes to their asset allocation policies in 2012 that reduced returns. It is thought such changes were a reaction to market trends...
The Sorting Hat and a new option
By
John O'Connor
Jan 09, 2012
If you have relatives between the ages of 10 and 20, chances are good that you are more familiar with Harry Potter than you care to admit. J.K. Rowling wrote seven novels that chronicle Harry’s good-versus-evil...
Nursing home officers, board members see claims reinstated against them for bankrupt facility
Sep 27, 2011
A group of Pittsburgh nursing home operators’ lack of oversight for their now-defunct nonprofit facility may leave them liable in the eyes of the law, according to the ruling of a federal appeals...
Erickson, Sunrise suffer tragic fates
By
Liza Berger
Apr 05, 2010
Most people are familiar with the Greek myth of Icarus, who, enthralled with flying, ventured too close to the sun. It’s a homily that helps to explain the fate of many companies, including two in...
Fitch sees a shadow: One more tough year for nonprofits
Feb 02, 2010
Fitch Ratings, an international long-term credit rating agency, has disclosed that it will maintain its “negative outlook” for U.S. nonprofit hospitals and health systems during 2010.