Holiday Retirement properties in real estate investment trust NHI’s portfolio have seen a steady increase in occupancy over the past three months as the country’s largest independent living...
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
McKnight’s 40 for 40: Pat Mulloy
By
Lois A. Bowers
Jun 29, 2020
Pat Mulloy has held the top post at three senior living and care organizations. “Helping people leave this planet with some level of dignity and grace and having a meaningful experience in the last...
MatrixCare tops 2019 Best in KLAS rankings for long-term care software
Feb 01, 2019
Bloomington, MN-based MatrixCare has ranked highest on the 2019 Best in KLAS list of long-term care software companies for the third consecutive year, the company and research firm KLAS announced Thursday.
With 25 lawsuits settled, Regional Health Properties looks to focus on growing
By
Lois A. Bowers
Apr 17, 2018
Now that Regional Health Properties has settled 25 professional and general liability lawsuits, the company can focus more on growing, Interim CEO Brent Morrison said Monday during a fourth-quarter and...
SmartLinx rebrands with new logo, redesigned website
May 16, 2018
Edison, NJ-based workforce management technology company SmartLinx recently completed a rebranding project that includes a new logo and the relaunch of its website.
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
Argentum launches new leadership development initiative
Jan 16, 2020
Argentum has launched a new senior living leadership development initiative and is accepting nominations for participants from upper-level executives who are among the organization’s owner/operator members.