Skilled nursing home company fires CEO days after Google searches

ceo firedLOS ANGELES: A company that operates dozens of skilled nursing homes fired its top executive three days after police searched his home and the company’s headquarters.

Several police spent hours searching the company’s headquarters and the CEO’s home. Officials have declined to discuss the investigation, which the CEO has referred to in a statement as a “cost review.”

The company said its board would assume the CEO responsibilities while it searched for interim and permanent replacements…

Full story covered in the Seniors Housing & Healthcare Trends.