HCR ManorCare - McKnight's Long Term Care News

HCR ManorCare

Also in the News for Monday, Aug. 27

Senate passes spending bill with $425 million boost for Alzheimer’s research … A vitamin-rich diet can help to lower the risk of frailty in older adults, study finds … Oklahoma the first state Medicaid program to negotiate prescription drug prices based on their efficacy … ProMedica to lay off 100, leave 60 more positions unfilled a month after HCR ManorCare deal

ManorCare CEO bows out

HCR ManorCare announced in late September that its long-time president and CEO, Paul Ormond, would step down after more than three decades at the company.

ManorCare receivership

Quality Care Properties kept the heat on HCR ManorCare top managers, announcing in mid-August that it had begun the process of appointing an independent receiver to oversee the provider’s skilled nursing and assisted living facilities.

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