Sale of 3 Eskaton SNFs for $35.6 million conditionally approved
By
Kathleen Steele Gaivin
Sep 06, 2023
The $35.6 million sale of three of Carmichael, CA-based Esakton’s stand-alone skilled nursing facilities to International Equity Partners has been conditionally approved, California Attorney General...
Business briefs, Aug. 28
By
Kathleen Steele Gaivin
Aug 28, 2023
DHC reports SHOP recovery continuing at uneven pace … Deceptive ad practices alleged to generate unqualified leads for providers … Nikki Haley: 65 is ‘way too low’ for retirement age … Florida...
Gardant Management Solutions adds 25 communities to portfolio
By
Kathleen Steele Gaivin
Aug 25, 2023
Gardant Management Solutions has added 25 communities to its portfolio of managed senior living, assisted living and memory care communities, the Bourbonnais, IL-based provider announced Tuesday.
Business briefs, Aug. 14
By
Kathleen Steele Gaivin
Aug 14, 2023
Nursing home, adult care costs made historic jump … Senior living occupancy continues to recover due to supply and demand … HHS’ $100 million in nursing program grants to have limited impact on LTC...
Pennant Group CEO: Senior living segment makes ‘remarkable progress’
By
Kathleen Steele Gaivin
Aug 10, 2023
The Pennant Group’s senior living segment “made remarkable progress” in the second quarter, CEO Brent Guerisol said Wednesday on the company’s latest earnings call.
Growing need for care outside hospital is opportunity for senior living, skilled nursing providers, experts...
By
Kathleen Steele Gaivin
Aug 09, 2023
About a third of the $4.4 trillion spent last year on healthcare in the United States was from the people over the age of 65, “and the estimate is that this group will represent half of all healthcare...
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Omega 2Q financials ‘exceeded expectations,’ CEO says
By
Kathleen Steele Gaivin
Aug 04, 2023
Hunt Valley, MD-based Omega Healthcare Investors’ revenue for the second quarter was $250 million compared with $245 million for the same quarter a year ago, Chief Financial Officer Robert O. Stephenson...
The Ensign Group, Healthpeak Properties and LTC Properties presented second-quarter earnings results on Friday.
Home health, hospice M&A up 20 percent in second quarter
By
Kathleen Steele Gaivin
Jul 27, 2023
Home health and hospice mergers and acquisition activity increased by 20% in the second quarter over the first quarter, but deals were down 14% compared with the second quarter of 2022, according to recently...