The flurry of second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, Five Star Senior Living and Diversified Healthcare Trust.
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.
HumanGood completes $35 million renovation project in southern California
By
Kathleen Steele Gaivin
Mar 14, 2024
Duarte, CA-based HumanGood has completed a $35 million renovation at The Gardens, an affordable senior housing community in Glendale, CA.
Paid time off is fringe benefit unrelated to salary, court rules
By
Kathleen Steele Gaivin
Apr 07, 2023
An employer was victorious when an appellate court recently ruled that paid time off is a fringe benefit that is not related to salary.
75 percent of Invesque properties now senior living, CEO says
By
Kathleen Steele Gaivin
Mar 17, 2023
Seventy-five percent of Invesque’s properties as of the end of 2022 are senior living communities — independent living, assisted living and memory care, Chairman and CEO Scott White said Thursday during...
Third-quarter earnings reports: Ventas, National HealthCare Corp.
By
Kathleen Steele Gaivin
Nov 07, 2022
Chicago-based real estate investment trust Ventas held its third-quarter earnings call Friday, and the Murfreesboro, TN-based National HealthCare Corp. reported its earnings in a press release.
Faith-based PA CCRCs hope to become stronger together with possible ‘merger of equals’
By
Kathleen Steele Gaivin
Sep 08, 2022
Mechanicsburg, PA-based Messiah Lifeways and Chambersburg, PA-based
Menno Haven have entered into a memorandum of understanding to explore a possible affiliation. Both continuing care retirement communities...
Governor vetoes legislation to ban noncompete agreements
By
Kathleen Steele Gaivin
Jan 02, 2024
New York Gov. Kathy Hochul (D) has vetoed a bill that would have banned most noncompete agreements in the state.
Proposed overtime rule slated for May publication
By
Kathleen Steele Gaivin
Jan 19, 2023
The Department of Labor Wage and Hour Division’s proposed overtime rule will be published in May, according to the Fall 2022 Unified Agenda of Regulatory and Deregulatory Actions published earlier this...
Welltower invests $850 million in third quarter
By
Kathleen Steele Gaivin
Oct 05, 2022
Toledo, OH-based Welltower invested almost $850 million in the third quarter and has announced or completed the deployment of approximately $8.6 billion in capital since October 2020, the real estate investment...