All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Home health, hospice among top private equity healthcare acquisition targets
By
Kathleen Steele Gaivin
Feb 27, 2023
Private equity healthcare investments in 2022 were the second highest on record after 2021, in terms of disclosed deal value and deal count. Home health and hospice both made it into the top 15 categories...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
Welltower net income falls below previously issued guidance
By
Kathleen Steele Gaivin
Jan 23, 2024
Ahead of a scheduled Feb. 14 earnings call, Welltower on Monday published a business update in which the Toledo, OH-based real estate investment trust noted that full year 2023 net income attributable...
Most think caregivers have ‘no promising way to develop or ascend’ career ladder, survey finds
By
Kathleen Steele Gaivin
Apr 26, 2023
Most Americans do not view a caregiving career as a path to personal fulfillment, according to a report from the nonprofit think tank FrameWorks Institute.
Healthcare bankruptcy filings set to triple
By
Kathleen Steele Gaivin
Jul 25, 2023
Bankruptcy filings in the healthcare industry — including those in senior living and care settings — are trending approximately triple the level seen in 2021, according to a new report by Gibbins Advisors.
Want to keep employees? Give them high-quality feedback
By
Kathleen Steele Gaivin
Oct 24, 2023
Providing clear feedback regarding job performance could be a key to employee retention, according to the results of a recent survey from the Textio platform.
ProMedica reports $346 million loss in fourth quarter after ‘year of challenges and restructuring’
By
Kathleen Steele Gaivin
Apr 25, 2023
Toledo, OH-based Promedica on Friday reported a $346.4 million operating loss for the fourth quarter of 2022. The report comes after the company made a near total exit from skilled nursing last year in...
Age-diverse ‘urban village’ model aims to keep older adults in the city
By
Kathleen Steele Gaivin
Feb 02, 2023
Repurposing downtown real estate into age-diverse housing could be a more affordable alternative to traditional retirement communities out in the suburbs, where older adults and other residents may feel...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...