Home Health Revenue Down as Brookdale Shifts Case Mix for PDGM

Brookdale Senior Living Inc. (NYSE: BKD) saw its home health revenue decrease by more than 7% in 2018 compared to the previous year, though it stabilized somewhat during the Brentwood, Tennessee-based company’s most recent quarter. The year-over-year drop was largely due to Brookdale’s intentional efforts to shift its case mix toward lower-rate managed care ahead […]

Brookdale Shareholder Puts Forward Plan to Split Up Company

Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]

Brookdale Petitions Supreme Court to Review $35 Million Whistleblower Lawsuit

Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the nation, has petitioned the U.S. Supreme Court to review a case involving allegations of fraudulent Medicare billings totaling about $35 million. The lawsuit was filed in 2012 by Marjorie Prather, a former employee of Brentwood, Tennessee-based Brookdale. Prather alleged that Brookdale […]

As Home Health Lags, Hospice a Bright Spot for Brookdale

The growth of its hospice segment during the third quarter of 2018 was a bright spot for Brookdale Senior Living (NYSE: BKD), the largest owner and operator of senior living communities throughout the United States. The same can’t be said for the Brentwood, Tennessee-based company’s home health business, which continues to lag behind expectations. Brookdale […]

Dementia Training, Career Pathways Needed for Home-Based Workforce

To better compete for a growing niche market, Interim HealthCare, Right at Home and many other home-based care providers have made specialized dementia training a priority for their caregivers in recent months. Despite the steady investment, providers will likely need to pump even more resources into care programs and training for caregivers moving forward, experts […]

Movers & Shakers: Brookdale Names Steven Swain as New CFO

Brookdale Announces New CFO Brookdale Senior Living Inc. (NYSE: BKD) has tapped Steven Swain to serve as executive vice president and chief financial officer. Brentwood, Tennessee-based Brookdale is the nation’s largest owner and operator of private-pay senior living communities, as well as a major provider of home health and hospice services. As a company, Brookdale […]

Home Health Business Remains Down for Brookdale Senior Living

Home health continues to be a trouble spot for Brookdale Senior Living (NYSE: BKD), the nation’s largest owner and operator of private-pay senior living communities. Brentwood, Tennessee-based Brookdale posted its financial results for the second quarter of 2018 this week, highlighted by a companywide net loss of $165.5 million compared to a net loss of […]

Bayada, Brookdale Team with Other Providers for New Alzheimer’s Roundtable

More than a dozen of the biggest players in aging services met in Chicago last Thursday to take part in the Alzheimer’s Association’s newly formed Dementia Care Provider Roundtable. The goal of the roundtable is to share best practices from their diverse industry perspectives. Participants in the roundtable included representatives from Bayada Home Health Care, […]

Shareholder Urges Brookdale to Capitalize on Real Estate Upside

Brookdale Senior Living (NYSE: BKD)—the nation’s largest owner and operator of private-pay senior living communities, and one of the largest home health and hospice providers—is again under pressure from an activist shareholder. Brentwood, Tennessee-based Brookdale has faced a slew of challenges following its acquisition of rival Emeritus Corp. in 2014. Last year, as the company […]

Movers & Shakers: Two Board Appointments for Brookdale CEO

Brookdale CEO Appointed to NIC, Nashville Healthcare Council Boards  Brookdale Senior Living (NYSE: BKD) President and CEO Cindy Baier has been appointed to the board of directors of two prominent industry groups. Baier was appointed to the board of directors of both the National Investment Center for Seniors Housing & Care (NIC) and the Nashville […]