Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
$300K theft from resident nets jail time for administrator
Sep 30, 2015
The former administrator of an assisted living community has been sentenced to federal prison for stealing more than $300,000 in veterans benefits from one of the community’s residents.
Design briefs, December 2017
Dec 01, 2017
Parc Communities, The Moorings of Arlington and Pineview Cottage.
25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...
Senior living executive settles in $3.9 million SEC fraud case
By
Lois A. Bowers
Jul 12, 2017
A South Carolina businessman has settled with the Securities and Exchange Commission after being charged in January in a $3.9 million fraud case for allegedly diverting investor funds meant to buy or renovate...
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Legal expert: MA growth to spur uptick in home health financial activity in 2021
By
Liza Berger
Jan 29, 2021
The coming year promises to be robust in terms of financial deals in the home health space, according to a lawyer who focuses his practice on advising long-term care firms, and their investors and lenders,...
Long-term care leaders can have ‘best of both worlds,’ experts assert
By
Danielle Brown
May 18, 2022
No long-term care leader should have to sacrifice his or her personal life to achieve career goals, industry experts stressed during a McKnight’s Women of Distinction Forum session about achieving career...
SEC charges senior living executive with fraud, freezes assets
By
Lois A. Bowers
Jan 23, 2017
A South Carolina businessman has been charged with fraud and has had his assets frozen after the Securities and Exchange Commission alleged that he diverted funds raised from investors to buy or renovate...