Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Colorado SNF sanctioned for 2021 data breach
By
Kathleen Steele Gaivin
Sep 26, 2023
The state of Colorado has settled with Broomfield Skilled Nursing and Rehabilitation Center for not protecting the personal data of hundreds of residents, patients and employees before and during a 2021...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Nursing profession in ‘desperate need’ of support: survey
By
Kathleen Steele Gaivin
Nov 17, 2023
The nursing profession is in “desperate need of sustained support” lest the workforce continue to decline. That’s according to the results of a mental health and wellness survey released this month...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
Merger, acquisition activity lags across healthcare
By
Kathleen Steele Gaivin
Mar 05, 2024
Deal activity declined last year across nearly every segment of healthcare, according to newly released data from Irving Levin Associates