UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.
Senior living organizations’ missions can attract residents and capital sources, enhance margins: experts
By
Kimberly Bonvissuto
Mar 07, 2023
Having a mission can better position senior living operators to attract new residents and capital sources, and enhance margins, according to industry experts.
Attorney general asks Good Samaritan, Ebenezer parent organizations to delay merger
By
Kimberly Bonvissuto
Jan 27, 2023
The Minnesota attorney general’s office is asking the parent organizations of the Evangelical Lutheran Good Samaritan Society and Ebenezer Senior Living — Sanford Health and Fairview Health Services,...
Middle market is ‘the future of life plan communities,’ providers say
By
Kimberly Bonvissuto
Oct 26, 2022
Serving middle-income individuals is the future of life plan communities, Episcopal Retirement Services President and CEO Laura Lamb says.
‘You are going to make it,’ AHCA/NCAL CEO Mark Parkinson tells long-term care providers
By
Kimberly Bonvissuto
Oct 11, 2022
Long-term care is going to survive. That’s the prediction President & CEO Mark Parkinson gave Monday during the opening general session of the AHCA/NCAL Conference & Expo.
Market activity shakes up Argentum’s top 150 largest senior living provider list
By
Kimberly Bonvissuto
Aug 11, 2022
Senior living is making a comeback, according to Argentum’s 2022 list of the largest senior living providers in the country.
Operators less optimistic about operating margins: NIC
By
Kimberly Bonvissuto
Jul 01, 2022
Despite improving occupancy, fewer operators expect operating margins to improve, according to a new National Investment Center for Seniors Housing & Care survey.
NHI: Senior living occupancy, revenue growth contribute to fourth consecutive quarter of outperformance
By
Kimberly Bonvissuto
Aug 08, 2024
Occupancy and revenue growth in its senior housing operating portfolio, or SHOP, contributed to a fourth straight quarter of outperformance for National Health Investors, President and CEO Eric Mendelsohn...
State-level initiatives tackle language-based barriers to worker training, testing
By
Kimberly Bonvissuto
May 20, 2024
Foreign-born workers account for 27% of the nation’s direct care workforce, but many states maintain strict, English-only testing and training requirements that can prevent some immigrants from entering...