ProMedica Promotes COO, Reportedly Ousts CFO in Leadership Reshuffle

Just a few weeks after announcing $126 million in financial losses for the first financial quarter of 2022, ProMedica has made major changes to its leadership lineup. Arturo Polizzi, for one, has been promoted to serve as president for the company, a title previously held by CEO Randy Oostra. Polizzi will take on the new […]

Partial Win for REITs, Non-Profit Operators in Final GOP Tax Plan

Congressional Republicans on Wednesday passed their long-planned tax reform package, and while President Trump has classified the deal as a Christmas gift to American taxpayers, the effects for skilled nursing operators and investors remains less than clear-cut. For instance, non-profit developers of continuing care retirement communities (CCRCs) received mixed holiday blessings: The compromise tax bill saving […]