Third proxy advisory firm recommends against Diversified Healthcare Trust merger with OPI
By
Kathleen Steele Gaivin
Aug 23, 2023
Proxy advisory firm Egan-Jones on Monday joined ISS and Glass Lewis in recommending Diversified Healthcare Trust shareholders vote against a proposed merger with Office Properties Income Trust, which was...
Florida’s first LGBTQ+-centric assisted living community opens
By
Kathleen Steele Gaivin
Aug 17, 2023
The first assisted living community in Florida for lesbian, gay, bisexual and transgender older adults opened last month and welcomed its first resident. The Connie House ALF (TCH) in Boynton Beach, FL,...
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
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...
CareTrust REIT closes $45M in senior living and care investments
By
Kathleen Steele Gaivin
Jul 06, 2023
CareTrust REIT has closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million, the San Clemente, CA-based real estate investment trust...
Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.
As talks continue about a proposed merger between real estate investment trusts Diversified Healthcare Trust and Office Properties Income Trust, the accumulation of shares of DHC stock by Adam Portnoy...
DHC’s proposed merger with OPI opposed by second shareholder
By
Kathleen Steele Gaivin
Jun 14, 2023
A second shareholder has come forward formally expressing opposition to real estate investment trust Diversified Healthcare Trust’s proposed merger with Office Properties Income Trust, which was announced...
HCBS market recovers from drop that followed CMS proposal
By
Kathleen Steele Gaivin
Jun 12, 2023
Home- and community-based services markets are starting to recover after they “panicked” when the Centers for Medicare & Medicaid Services in late-April proposed that 80% of Medicaid payments for HCBS...
Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...