HCBS market recovers from drop that followed CMS proposal
By
Kathleen Steele Gaivin
Jun 12, 2023
Home- and community-based services markets are starting to recover after they “panicked” when the Centers for Medicare & Medicaid Services in late-April proposed that 80% of Medicaid payments for HCBS...
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...
CareTrust REIT expands operational footprint with 7 acquisitions
By
Kathleen Steele Gaivin
Jun 05, 2023
San Clemente, CA-based CareTrust REIT is expanding its operational footprint and provider relationships with seven acquisitions, the real estate investment trust announced Friday.
Proposed merger ‘best path forward’ for DHC, REIT says, but shareholder group disagrees
By
Kathleen Steele Gaivin
May 24, 2023
The “inconsistent” performance of the senior housing properties in Diversified Healthcare Trust’s portfolio is one reason that the Newton, MA-based real estate investment trust’s previously announced...
Actions & Transactions, April 21
By
Kathleen Steele Gaivin
Apr 21, 2023
Ziegler Link•age Fund III makes ‘significant investment’ in At Home Harmony … Omega Healthcare Investors declares quarterly cash dividend of $0.67 per share on its common stock … Ventas announces...
Actions & Transactions, April 5
By
Kathleen Steele Gaivin
Apr 05, 2023
CareTrust REIT enters Kansas market with new tenant relationship, also buys Texas SNF … Ventas prices $600M (Canadian) of 5.398% senior notes due 2028 … Brightview opens suburban DC community … Housing...
Providers continue to face workforce challenges as Careers in Aging Week arrives
By
Kathleen Steele Gaivin
Mar 27, 2023
The long-term care industry is celebrating frontline workers this week during Careers in Aging Week as they continue to face workforce shortages.
Court approves ‘compromise’ QHC bankruptcy/debtor plan for Iowa provider
By
Kathleen Steele Gaivin
Mar 14, 2023
The US Bankruptcy Court for the Southern District of Iowa ruled last week on a restructuring plan for QHC Facilities LLC and its 10 related nursing homes and assisted living communities, according to court...
Bill aims to privatize annual nursing home, assisted living inspections
By
Kathleen Steele Gaivin
Feb 08, 2023
Proposed legislation before the Arizona Legislature, if passed, would privatize annual inspections of skilled nursing facilities and assisted living communities by creating a third-party entity to make...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.