In recent years, there has been criticism of Kenny Rozenberg in the US media about the conduct of some of the health centers that he owns. "It's like owning a soccer club, a matter of status," people close to him told us. Every person in the world has a reason to come to Israel, whether out of religious considerations, to visit family or for a vacation, and I only need to ensure that it happens with El Al.". He said, "That ploy was not acceptable to us and the negotiations were broken off before they began." In the health centers sector the main preoccupation is service. He came to all this via a surprising route. We need to mend the operations of the company in those six days that it does work. Kenny Rozenberg - Centers Corporate The $105 million dollar investment made the 29-year-old the controlling stakeholder of the airline. "There are opportunities and there were in the past enquiries about investments in medical centers. Reem Aminoach. Rozenberg said, "The Matmid Frequent Flyer club is a market that we need to develop and build and to improve. I thought that what I know how to do is to mend broken companies, Rozenberg told an Israeli newspaper last fall of the purchase, which captivated the local press in part because the airlines official owner is Rozenbergs 27-year-old son Elia Yeshiva student whose dual citizenship enabled him to legally own the company when his dad could notand in part due to rumors that powerful rabbis had recruited Rozenberg for the job out of fear that a more aviation-savvy investor would have forced the airline to begin flying on the Sabbath. "They're always looking to catch blunders," Rozenberg said, "But we operate according to the law and in close cooperation with the authorities. That's outright discrimination. We built Centers Health Care over 28 years and we will continue to grow because the way is full of opportunities. After immigrating to Israel and receiving citizenship, Kenny Rozenberg has been granted a permit to become the controlling shareholder in El Al Israel Airlines Ltd. (TASE: ELAL ), the company has reported. But as the most unabashed slumlords expand their reach in senior care, the distance between a one-star home and a five-star home has shrunk considerably. El Al plans remaining with 29 planes, How will it cope on routes to North America against companies with fleets of hundreds of aircraft? "The government decided to restrict aviation activities, and I am not criticizing its conduct but I would have expected them to say: we acted in that way in order to protect the health of the public and we must compensate the companies damaged by that. Audit Manager. She claimed that the buyer was really a foreign citizen and that the government should disqualify him. Until October, Cohen was a senior executive at Centers Health Care, the company controlled by Kenny Rozenberg that operates 25 nursing homes and other health care facilities in the New York region. Centers Health Care - Leadership "Today we have 50,000 people insured who need health services." "Traditionally, since the 1950s El Al has not flown passengers on Shabbat and that is El Al's status quo. When you support The American Prospect, youre supporting fellow readers who arent able to give, and countering the class system for information. The state currently holds a 13% stake in El Al, Knafaim holds 9%, Rozenberg 40% and the remainder is held by the public. Gen (res.) Kenny Rozenberg, until then a name few had heard of in Israel, invested $105 million in the airline for a 40% stake - pushing out Knafaim, controlled by Tami Mozes-Borovitz, which had controlled the company for 15 years. Everything begins and ends with service. To fly an empty plane is something illogical. We are starting out from a place where we can only go up. When you manage a business like this that is so enormous, you have to be cautious and to protect your name." The representative who spoke to me said: but we are the only company who serves soup in first class. Israeli media outlets reported last week that billionaire U.S. businessman Kenny Rozenberg, whose son Eli Rozenberg acquired a controlling share in Israel's flagship carrier El Al last year, has immigrated to Israel. In 2018, Gros made headlines for having turned a struggling suburban nursing home he'd purchased from the Philadelphia Archdiocese into the second-most profitable home in Pennsylvania by firing half of its registered nurses while simultaneously jacking up the number of high-acuity Medicare patients it admitted. He said, "That ploy was not acceptable to us and the negotiations were broken off before they began." "It wasn't in a good state even before the crisis. El Al workers committee chairman Sharon Ben Yitzhak said, "The company's owner is cut off from what is happening and does not understand the reality that the workers find themselves in. (The indictment was followed shortly by two more in Nebraska, where prosecutors say Schwartz defrauded the state Medicaid program of $59.6 million, and New Jersey, where he was finally arrested for having allegedly skipped out on $29.7 million in taxes, though the indictment remains sealed.) He has a degree in Art and a degree in Psychology from Yeshiva University in New York and a M.Sc. According to the Israeli government's golden-share in the privately-owned national flag carrier, the controlling shareholder must hold Israeli citizenship and be resident in the country. The entire family was involved in the deal. They are people who love the company, and as a large employer I say to them that everything that an employee needs is love. Kenny Omega gives a big hint about The Elite's mystery partner for Blood & Guts. So far as Belnikov is concerned, the solution is for El Al to streamline. Kanfei Nesharim bought 162 million shekels, or two-thirds, of the warrants, which entitle it to buy El al shares a 30 agorot each, half the price El Al shares currently trade on the Tel Aviv Stock Exchange. Even before he officially becomes the airlines owner, Kenny Rozenberg had already begun playing the role. We are a team and we have other joint businesses. A small and efficient El Al can offer VIP services that the big companies don't have. El Al's demand for compensation was also expressed in a letter from CEO Soreq to the Ministry of Finance last month. This ratio can and needs to change. . As an investor I wouldn't have purchased any. I have family in Yerucham, Maaleh Levana, Netanya, Kfar Saba and throughout the country." But it is a broken company that can be mended. "After the specialization I was in a hospital in New York, working as an administrator for a chain of nursing homes for five years. "I am not Israeli by birth and I didn't grow up here. "I really wasn't thinking about investing in the world of aviation at all but then I saw an article in a US newspaper, which said that El Al was on the brink of bankruptcy. We will do our best so that whoever has to leave will receive the best possible terms. I came and invested in a company that did not have other investors - we didn't do the offering that was planned for July because the timing was awful. We are starting out from a place where we can only go up. Cohen immigrated to Israel, resigned from Centers Health Care and has no work relation with Kenny Rozenberg, except for the fact that when he immigrated to Israel he chose, from all the workplaces available, a company controlled by Kenny Rozenbergs son. "Let's say that it was challenging but I took on the challenge. Rozenbergs arrival in Israel was done against the background of discussions that have been conducted in the last several days between El Al and the Finance Ministry regarding the granting of the $200 million loan to the airline. Requests to halt the transfer of control were sent to the Government Companies Authority, Ministry of Transport and Ministry of Defense. He reminds the owners that a work dispute has already been declared allowing El Al workers to take immediate strike action or other sanctions. I am transparent and I don't hide anything. REUTERS/Eric Gaillard JERUSALEM, May 19 (Reuters) - Israel's government on Wednesday gave permission for businessman Kenny Rozenberg to join his son in controlling flag carrier El Al Israel. "I thought that we could bring about a faster change but the process is slow and profound. A long-term loan at 2% interest made in connection to as risky a business as El Al is today is, in fact, a gift except that the terms of the loan were written in a way that it will not be regarded as one. "I would have anyway immigrated to Israel but the deal sped things up. Published by Globes, Israel business news - en.globes.co.il - on October 22, 2021. "I know that we have a long process before us but I am a very patient man. I'm in the business of saving lives, saving companies, exactly like El Al." It will be hard and it will be painful but it would hurt more to see El Al collapse. As legislator Ron Kim notes wearily: Hochul is literally subsidizing the growth of these mega-scale exploitative nursing home chains.. Rozenberg's aliyah is "a testament to the strength of Israeli society and . Kenny Omega gives a big hint about The Elite's mystery partner for Why go into a sector in the midst of a deep crisis and especially with a company deep in debt and with a 'going concern' qualification attached to its financial reports? Rozenberg's investment has grown to $160 million, and is due to grow further to $200 million. In a single year, a single nursing home owned by Landas family took in some $13.1 million in revenues that would have been confiscated under the safe staffing law, and there are hundreds more homes in the broader Landa empire where that came from. Kenny Rosenberg - Wikipedia US Billionaire Kenny Rozenberg Arrives in Israel on Aliyah As part of a similar arrangement Israir received an advance payment of $16 million. "If you cannot operate responsibly and intelligently then give other buyers the chance to invest in the company. Belnikov is referring to the advance payment for security officers as well as the furlough payments the state paid El Al employees who have been put on unpaid leave. You also want to bring tourists here? But due to Rozenberg's appearance on the scene, the state cut its investment by more than half to $33 million. in Public Health specializing in medical services from Columbia University. Others spoke about Zionism including encouragement from rabbis. We will grow El Al in a balanced way and we will also strengthen the tourism segment.". Weve said it before: The greatest threat to democracy from the media isnt disinformation, its the paywall. What you see is what I am. Landa and Friedman are both, incidentally, estranged former business partners of Joseph Schwartz, who acquired more than 150 nursing homes through his company Skyline Healthcare between 2015 and 2017, almost immediately stopped paying his bills in a corporate meltdown that became a massive headache for health commissioners in nine states, and was for some reason only hit with his first criminal charges last month after what Arkansas prosecutors claimed had been a 44-month investigation. Eli Rozenberg's attempt to buy control of El Al was not greeted kindly by all those involved. My mother has five siblings here. Kenneth Rozenberg currently lives in Suffern, NY; in the past Kenneth has also lived in Bronx NY, Monsey NY and Brooklyn NY. So far that has been in the field of health services but an opportunity to save this company has come my way. In response, El al said that appointments at the company are undertaken in line with corporate governance rules, after an individual legal examination and in accordance with the law. How can the company make a profit from such fares? When you manage a business like this that is so enormous, you have to be cautious and to protect your name.". Hapoalim in talks to buy El Al Frequent Flyer Club stake ", As part of the streamlining plan, the Ministry of Finance is also demanding that El Al sell a major part of the Matmid Frequent Flyer loyalty club. The lawsuits second-most lucrative home, the 449-bed Upper East Side Rehabilitation and Nursing Center, is run by a man named Leopold Friedman, who also co-owns 18 other nursing homes in Florida and New York, including five properties co-owned by Landa daughters and one on the SFF candidate list. One of the things that most bothers Rozenberg is the sharp tone of the public discourse about El Al, which he hopes to change. Rosenberg was drafted by the Tampa Bay Rays in the 8th round of the 2016 Major League Baseball draft, and made his MLB debut in 2022. We need to mend the operations of the company in those six days that it does work. The local schools, local police and fire departments, the local hospitals and businessesthey are our neighbors, our partners and our friends." Kenny Rozenberg. "Like going to a restaurant without food" To cope with all this, El Al is set to embark on a massive streamlining plan in which it will sell 16 of its 45 aircraft, layoff 1,500 employees (after already shedding 1,900 employees) and halt the operations of its Sun D'Or subsidiary, which operates flights on Shabbat. Rozenberg is married with five children and five grandchildren. "I'm not drinking I'm boarding the plane," he told them with a smile. The Histadrut is angry. El Al is also a services company except it has planes. Just last year, the Centers for Specialty Care Group, LLC, parent company, employed 3,500 staff and generated $57.17 million in sales . I thought, what else can they already say about me? Did the acquisition motivate you to make the move? They'll tell you that it's like putting a healthy head into a sickbed. NY nursing home owners accused of $83M fraud scheme that hurt patients Two of the organizations up-and-coming underbosses bought the nations largest nursing home chain last spring; alpha boss Benjamin Landa acquired a stake in Floridas biggest nursing home chain Consulate Health Care at some point before the corrupt bankruptcy filing of some of its corporate cousins; another underboss bought a 61-home chain based in Nashville over the summer; still another bought the Israeli airline El Al and moved to Israel, where many of the mom-and-pop investors who bankroll the nursing home mafias expansion reside; and a New Jersey investment fund with extensive ties to the plaintiffs has swallowed up over 100 more homes since the pandemic began. When you interview me in another year, you will see that it is possible to be efficient and international, even when the company works six days a week. When we will understand how this sector works in Israel, an area which is completely different from the US, I am also open to this, including cooperation with Kupat Holim Clalit. But the defining trait of the Landa enterprise and its ruthless post-pandemic expansionism is neither ethnic nor religious; it is the raw opportunism of a sophisticated mafia confident its political connections will safeguard its tradition of impunity. This is an opportunity - to take a company that was not managed as it should have been managed, and to change it. People don't know Jerusalem, so they fly to Paris and Rome. We have huge data and we have talented people that can take the vision and transform it into reality. I was a Matmid Frequent Flyer with gold status and I decided to give it up. U.S. businessman Rozenberg gets nod to control Israel's El Al As Cuomo outlived his usefulness, the gang focused on cultivating Hochul, whose campaign committee took more than 60 checks of $1,000 or more apiece from nursing home LLCs over the course of two single days in October and December, as well as Eric Adams, whose closest confidant and newly named chief of staff Frank Carone has represented Landa underboss Joel Landaus Allure Group and is a law partner of Landas longtime attorney and serial business partner Howard Fensterman, himself a co-owner of 16 nursing homes. The expectation looking ahead is that you will work on all fronts in order to resume leading a competitive and recovering market. So far that has been in the field of health services but an opportunity to save this company has come my way." That's the message Cooper, a licensed practical nurse of 30 years, has for the CEO of Centers Health Care, Kenny Rozenberg. Congratulations are in order for billionaire Kenny Rozenberg who made aliyah from the United States on Monday. Copyright 2023 | The American Prospect, Inc. | All Rights Reserved, The Alt-Labor Chronicles: Americas Worker Centers, Medicare and Medicaid supply 82 percent of the nursing home industrys alleged private property, egregiously underfunded and barely able to break even, bought the nations largest nursing home chain, bought a 61-home chain based in Nashville, retired homemaker and yoga instructor-cum-teacher, die from literally rotting in their own filth, filed a libel suit against an Erie County commissioner, ultimately lost an astounding 85 residents, hit with his first criminal charges last month, defrauded the state Medicaid program of $59.6 million, second-most profitable home in Pennsylvania, mysteriously registered 34 dementia patients, 49 percent owned by Ben Landa and 32 percent owned by Deborah Philipson, 55 of the nursing homes 60 registered nurses on staff. She claimed that the buyer was really a foreign citizen and that the government should disqualify him. Israeli winemaker suing El Al bidder's father Kenny Rozenberg There are cabin crew who have worked for the company for 20 years and some of their parents worked for El Al before them. Does that mean you will also enter areas like hotels? But while health care workers are acutely aware of the extent to which that understaffing is a man-made phenomenon promulgated by the greed of the bosses, politicians continue to speak of it as some sort of act of God, with governors from New York to Nebraska declaring their care worker shortages states of emergency, deploying the National Guard to serve as nursing assistants at gruesome death-trap facilities whose owners have been sued for wage theft, and subsidizing travel nurses for politically connected hospitals. But Rozenberg rejects reasons not related to the business world. Upper East Side ultimately lost an astounding 85 residents to COVID or presumed COVID. When Rozenberg mentions the slurs he is referring to the pressures against the person who actually bought control in El Al - his son Eli Rozenberg - a young yeshiva student who had immigrated to Israel several years previously. The quantifiable truth of the matter has been obscured by the cocoons of esoteric accounting bullshit that generally swaddle most for-profit nursing homes. The owner got sick and I bought a branch with 77 beds from him in an old building. The historical challenges that the company has carried out did not go unnoticed during the acquisition. The entire family was involved in the deal. After all people come to a nursing home by ambulance, so we bought a license to operate one ambulance, and today we have 300. illustrates the immigrants' tremendous contribution to Israel's economy." The reason for the tough loan terms is that Israeli law bars a foreign national from controlling an Israeli airline. Every person in the world has a reason to come to Israel, whether out of religious considerations, to visit family or for a vacation, and I only need to ensure that it happens with El Al." $2.5 million fine But it hasn't been that way. We have passengers and we need to think about what else we can sell them that will make them happy and allow us to profit more. Riversides co-owners Devorah Friedman and Sharon Einhorn also own a home with Landas original political fixer and former health care staffing firm CEO Joseph Goldberger, and their families own the nursing home chain CareRite LLC, whose merciless cost-cutting at two former Skyline homes in Tennessee was chronicled in a Bloomberg story about how ownership austerity exacerbated the pandemic. Can streamlining and state aid save El Al? The competition is not easy. But I discovered that there was actually a lot that they could say and much of it was completely wrong. Kenny Rogers and Wanda Rogers with their sons Justin and Jordan. At the current moment my hands are full with work in the aviation world.". Eva Mendes Has Been Supporting Ryan Gosling's Ken Work. The Sweet Way Every decision taken has to be logical. "Let's say that it was challenging but I took on the challenge. Rozenberg immigrated to Israel in March and thus openly became the owner of El Al. at Age 60. In fact, the closest anyone came was probably the Burlington alt-weekly Seven Days Vermont, whose investigation of a Landa cells bid to buy five nursing homes in that state led health officials to conduct an awkward two-hour remote grilling session with two sub-bosses who ultimately abandoned the deal in the last week of December. El Al in merger talks with Arkia Things got a bit more PG-13 when she appeared on the daytime talk show The Talk, revealing she had asked her longtime partner for a pair of underwear he wore while playing Ken. In order to encourage El Al to raise capital at the time, among other things in order to repay the debt to all the passengers whose flights had been canceled due to Covid, the Ministry of Finance committed to buy shares for $75 million (half the shares on offer). Eli purchased El Al on behalf of his father, New York businessman and Hatzolah Paramedic Kenny Rozenberg,. Who we are. Kenny Rozenberg, a licensed nursing home administrator, was running a small facility in the Bronx, NY in 1995 when he learned of a struggling facility in the South Bronx that was seeking new ownership. "It wasn't in a good state even before the crisis. Competition is good and proof of this is the number of flights to North America.". Cuomo subsequently took the blame for the bloodbath that ensued, with owners promoting the fanciful notion that he had forced reluctant homes to accept patients. Chief Executive Officer at Centers Health Care "Kenny Rozenberg, a licensed nursing home administrator, was running a small facility in the Bronx, NY in 1995 when he learned of a struggling faci lity in the South Bronx that was seeking new ownership. El Al needs to take hard decisions against challenging competition. The Ministry of Finance says that the owners have to invest, and it is right and I am investing, but the state has to be a partner - I have invested $160 million so far and there is another $43 million that I am committed to invest and that will happen. "I don't rule it out. document.write(ad_handler.google_div({"url":"/7263/Globes_Desktop_ENG_2019/300x250/Article_In_Content_300x250_4","sizes":"[300,250]","local":"en.spot_in_content.article.4"})) He concluded by saying that he would keep regulatory details down to the smallest detail and that together with the expectation of compensation from the state, "I am of course open to all negotiations with the Ministry of Finance about my part in support while paying attention to the fact that I hold only 40% of the company's shares." The most lucrative homes are not exactly the same as the most gruesome ones: The most profitable nursing homes must fill most of their beds with short-term Medicare patients recovering from surgeries, and those patients tend to try hard to steer clear of the most notorious death traps. Kenny Rogers' Widow Wanda Opens Up for the First Time After Losing The state, or in effect the public, also profited from the offering. Additionally, the law permits state health authorities to claw back any profits in excess of a 5 percent margin to finance a state fund for adding staff at financially struggling facilitiesa seemingly modest requirement, given that the nursing home lobby claims the average skilled nursing facility barely breaks even. And Boro Park is owned by Kenny Rozenberg, whose original business partner (Jeremy B. Strauss) co-owns numerous homes with the Fuchs family and who shares many similarities with Gros; both got their start a decade ago buying Catholic homes out of the same bankruptcy auction, upon which Rozenberg laid off 55 of the nursing homes 60 registered nurses on staff the week he assumed ownership.
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