Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Activist investor Land & Buildings responded Thursday to the supplemental proxy that National Health Investors published Tuesday.
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...
LCS Development signs on with university retirement community website
By
Kathleen Steele Gaivin
Feb 09, 2024
LCS Development, a Life Care Services company, has signed on as a resource partner with UniversityRetirementCommunities.com.
Proposed national paid leave program could ‘open up larger conversation’
By
Kathleen Steele Gaivin
Mar 15, 2024
President Joe Biden’s proposed budget for 2025 includes a measure to establish a national paid family and medical leave program. The program would be administered by the Social Security Administration.
Specialty positions pick up in long-term care
By
Kathleen Steele Gaivin
Feb 02, 2023
Specialty positions are on the rise within senior living and care companies, according to specialty investment bank Ziegler
NLRB rescinds some election rule provisions, delays implementation of others
By
Kathleen Steele Gaivin
Mar 15, 2023
The National Labor Relations Board has rescinded portions of a 2019 final rule related to union elections and delayed implementation of other provisions. The action complies with a recent decision of the...
DHC regains compliance with Nasdaq minimum bid price continued listing standard
By
Kathleen Steele Gaivin
Mar 22, 2023
After receiving warning from the Nasdaq stock market in January, Newton, MA-based Diversified Healthcare Trust has boosted its stock price above $1 per share and no longer faces delisting.
With less-than-expected rent payments, Omega Healthcare Investors faces lower FAD in Q4
By
Kathleen Steele Gaivin
Dec 05, 2023
Two restructured operators of Omega Healthcare Investors paid less contractual rent than owed in November, the Hunt Valley, MD-based real estate investment trust said Monday in an online investor presentation.