Amedisys loses $80.5M in Q2, cites merger transaction costs … VITAS net revenue increases 7.8% year-over-year in second quarter … DOJ starts monopoly investigation into managed care industry … HUD...
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...
Brio among ‘Best and Brightest’ employers
By
Kathleen Steele Gaivin
Jul 26, 2023
Chelsea/Grand Rapids, MI-based Brio Living Services, formerly known as United Methodist Retirement Communities & Porter Hills, is the only long-term care provider among the top 101 companies named to the...
Career pathway programs can mitigate workforce shortages: report
By
Kathleen Steele Gaivin
Jul 21, 2023
Some states are looking at developing career pathway programs as a strategy to address or mitigate workforce shortages in long-term care, according to a recent report from the National Conference of State...
K4Connect raises $8.9M from investors in latest funding round
By
Kathleen Steele Gaivin
Jul 17, 2023
Morrisville, NC-based K4Connect has raised $8.9 million from 14 investors, according to a Thursday filing with the Securities and Exchange Commiss
Actions & Transactions, July 13
By
Kathleen Steele Gaivin
Jul 13, 2023
JLL Capital arranges $47M in financing for NJ active adult community … Ziegler arranges $25.3M bond financing for TX senior housing project … Federal Home Loan Bank of San Francisco awards $2M in grants...
Supreme Court expands employers’ requirements for religious accommodations
By
Kathleen Steele Gaivin
Jun 30, 2023
How far must an employer go to accommodate a workers’ religious practices? The Supreme Court ruled Thursday that an employer’s financial hardship must be more than a minimal one to deny a worker time...
More time needed for catch-up contributions under Secure 2.0, lobbyists say
By
Kathleen Steele Gaivin
Jun 28, 2023
The American Benefits Council and the National Association of Government Defined Contribution Administrators are calling on Congress to place a two-year delay on the Roth catch-up requirement under Setting...
Investors, developers home in on growing need for LBGTQ senior housing
By
Kathleen Steele Gaivin
Jun 27, 2023
Available senior housing for lesbian, gay, bisexual, transgender and queer older adults is a growing concern — and a growing opportunity for investors and developers.
Actions & Transactions, June 20
By
Kathleen Steele Gaivin
Jun 20, 2023
CareOne acquires its first Massachusetts assisted living community … Ensign Group declares quarterly cash dividend of $0.0575 per share … East Orange, NJ, celebrates grand opening of affordable senior...