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...
Not-for-profit senior living and care transitions set record in 2023: Ziegler
By
Kathleen Steele Gaivin
Nov 16, 2023
Transitions in ownership or sponsorship among not-for-profit senior living and care providers reached an all-time high in 2023, according to an update released this week from Ziegler.
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
Private capital represents increasing share of senior housing investment: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Institutional investors are making up a smaller share of senior housing buyers than in years past, according to JLL’s Valuation Advisory group’s sixth annual Seniors Housing Investor Survey and Outlook.
Litigation-related expenses increasing for employers
By
Kathleen Steele Gaivin
Feb 08, 2024
Employers faced greater litigation — and higher related expenses — last year than the previous year and are likely to face similar issues this year, due to increased regulations, class action suits...
Service-providing jobs increase by 373,000, according to ADP report
By
Lois A. Bowers
Jul 10, 2023
Service-providing jobs increased by 373,000 in June, according to a new report produced by the ADP Research Institute. Annual pay was up 6.4%.
Rebound expected for M&A in senior living and care
By
Kathleen Steele Gaivin
Feb 28, 2024
Mergers and acquisitions activity in senior living and care faltered in 2023 for various economic reasons, but M&A is expected to rebound this year, according to the experts at accounting and consulting...
Genesis Healthcare adds 38 former ProMedica SNFs to portfolio
By
Kathleen Steele Gaivin
Feb 01, 2023
Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.
This senior living community has celebrity chef, restaurant open to public
By
Kathleen Steele Gaivin
Nov 17, 2022
When The Hacienda at Georgetown opens near Austin, TX, in early 2023, the amenities on the 13-acre campus will include fine-dining meals prepared by celebrity chef Stephan Pyles.
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...