Turning around nonprofits: Ben Kurland’s ‘nimble’ approach leads to quick growth at for-profit...
Nov 27, 2023
Allaire Health Services has steadily grown to 17 facilities over its seven years, mostly via the acquisition of nonprofit or publicly owned nursing homes.
Also in the News for Monday, Dec. 19
Dec 19, 2022
Final notice of PRF funds repayment process begins … Landa one of two NY nursing home owners accused of diverting almost $23 million federal money … Questions about past dog departing nonprofit facility...
As legal obligations mount, another religious group abandons the nursing home business
Dec 02, 2022
Ongoing financial difficulties and a need for money to settle sexual-abuse cases is forcing the Archdiocese of New Orleans to sell its nursing homes and other elder care interests.
Long-term care could use a new vanguard
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
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
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
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
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
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...