Brookdale completes $100M refinancing, substantially prepays mortgages due in 2022
By
Kathleen Steele Gaivin
Dec 22, 2021
By taking on $100 million in mortgage debt, Brookdale Senior Living said Monday, it will substantially prepay debts scheduled to mature in 2022, saving millions of dollars in interest.
Vaccinate or get tested regularly: OMB signs off on OSHA’s vaccine mandate
By
Kathleen Steele Gaivin
Nov 02, 2021
The Occupational Health and Safety Administration’s much-anticipated vaccine mandate is expected to be published in the Federal Register as soon as Thursday, according to experts.
Provider launches retention initiative to counter ‘Great Resignation’
By
Kathleen Steele Gaivin
Apr 14, 2022
Facing the same staffing challenges seen by long-term care providers and others around the country, Arlington Heights, IL-based Lutheran Life Communities has launched a “Great Retention Initiative”...
EEOC: Employers must accommodate religious objections to COVID vaccine mandates
By
Kathleen Steele Gaivin
Oct 27, 2021
Employers with COVID-19 vaccine mandates must accommodate workers’ “sincerely held religious beliefs, practices and observances” against such requirements unless doing so would create an “undue...
Vayyar Imaging secures $108 million in funding
By
Kathleen Steele Gaivin
Jun 07, 2022
Tel Aviv, Israel-based Vayyar Imaging announced Monday that the company has finalized a $108 million Series E financing round led by Koch Disruptive Technologies, bringing Vayyar’s total funding...
Lawmakers approve broad funding increases for skilled nursing facilities
By
Kathleen Steele Gaivin
Apr 11, 2022
Legislators in Illinois and Minnesota recently have approved broad funding increases for skilled nursing facilities in their states.
Internal candidates have edge in leadership transitions: Ziegler
By
Kathleen Steele Gaivin
Apr 04, 2022
Among organizations on the LeadingAge Ziegler 200 list, almost 70 have had a turnover in the CEO role since 2015. Such transitions take careful planning, and for most C-suite positions, internal candidates...
NHI closes on sale of 8 communities formerly leased to Holiday Retirement
By
Kathleen Steele Gaivin
Aug 23, 2021
National Health Investors has closed on the sale of eight senior living communities consisting of 909 units formerly leased to Holiday Retirement for gross proceeds of $115 million, the real estate investment...
Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...
ProMedica’s senior care division reports $93.1 million in losses for fourth quarter
By
Kathleen Steele Gaivin
Mar 15, 2022
Toledo-Ohio ProMedica’s senior care division generated an operating loss of $93.1 million for the fourth quarter of 2021, compared with the division’s operating loss of $43.5 million for the prior...