One of the nation’s largest home health care providers and the largest senior living provider, Brookdale Senior Living (NYSE: BKD), is rumored to be in buyout talks after receiving an acquisition bid of $3 billion from a Chinese firm, according to a Tuesday report by Reuters. Brookdale has been rumored to be for sale for […]
Brookdale Senior Living
Welcome back to the Home Health Care News Monday Briefing. Catch up on the latest industry with our top stories from last week and see what caught our eye around the web. Start your week with this New York Times article that focused on a study about “daughter care”—the essential role that daughters play in […]
It’s a new week, and for many—ourselves included—it’s a shorter one following a day off on Monday to observe President’s Day. Before your inbox gets out of control, we’ll catch you up on everything you might have missed. Keep reading to check out our top stories from the previous week. Home Care Spending to Rise […]
Brookdale Senior Living (NYSE: BKD) has found home health to be its diamond in the rough in its latest quarterly earnings. As the largest senior housing provider in the nation, Brookdale executives see the company’s crossover as one of the top 10 largest home health providers to be a key distinction from its peers. Brookdale, which is […]
Like the rest of its business, Brookdale Senior Living’s (NYSE: BKD) home health segment didn’t fare so well this past quarter. The nation’s sixth-largest home health provider is blaming “an aggressive and egregious corporate raid in southern Florida” for the poor performance of its home health, hospice and outpatient therapy business segments specifically, according to executives […]
One of the top 10 largest home health providers in the country, Brookdale Senior Living (NYSE: BKD), has added another new face to its C-Suite, again bringing in talent from an outside industry. Cedric T. Coco has been appointed executive vice president and chief people officer. Prior to his hire at Brookdale, Coco was senior vice […]
After being initially cleared of charges, Brookdale Senior Living (NYSE: BKD) again finds itself engaged in a legal battle over alleged Medicare fraud for home health. The whistleblower case was brought by a former Brookdale employee, Marjorie Prather. She accused Brookdale of improper billing for home health services that added up to approximately $35 million. […]
This week, Home Health Care News readers learned how one home health provider cut the risk of avoidable hospitalizations in half, why intensive caregiver training has a positive impact on hospitalizations, and about the newfound confidence Brookdale Senior Living (NYSE: BKD) has in its home health care business. Readers also learned more about Honor’s eye-popping […]
The nation’s largest senior living provider says its home health and hospice businesses have bounced back—and there are plans to grow both businesses in the near future. In fact, the second quarter of 2016 saw “the beginnings of a recovery in [Brookdale Senior Living’s] ancillary business,” Brookdale Senior Living (NYSE: BKD) CEO Andy Smith said in […]
After seeing our March Madness college basketball brackets deploy before our eyes this week, we carried on to bring you the latest happenings in home health and home care. We let you in on Kindred Healthcare Inc.’s (NYSE: KND) plan to hold off on home health acquisitions and the latest from an ongoing lawsuit against […]
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