Balfour–Kisco affiliation brings ‘greater geographic coverage,’ firms say
By
Kathleen Steele Gaivin
Oct 17, 2023
Louisville, CO-based Balfour Senior Living now is an affiliate of Carlsbad, CA-based Kisco Senior Living, the companies announced Friday in a joint statement.
Supreme Court agrees to hear case determining employer burden of proof regarding overtime pay
By
Kathleen Steele Gaivin
Jun 18, 2024
The Supreme Court said Monday that it will hear a case to determine where the burden of proof lies for an employer claiming to be exempt from paying overtime pay to employees who work more than 40 hours...
SNFs face ‘increased and increasingly hostile’ government scrutiny, attorneys say
By
Kathleen Steele Gaivin
Jun 06, 2024
The increased scrutiny facing nursing home providers since the COVID-19 pandemic includes “overall increased and increasingly sort of hostile approach by surveyors in the quality-of-care area,” according...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...
American Healthcare REIT considers increasing stake in Trilogy Health Services
By
Kathleen Steele Gaivin
Feb 13, 2024
Fresh off of an initial public offering, American Healthcare REIT executives said Monday that the company is considering buying the remaining 26% of Trilogy Health Services that it currently does not own.
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Ensign Group has ‘remarkable momentum’ after record first quarter: CEO
By
Kathleen Steele Gaivin
May 03, 2024
“After another record quarter, we are excited about the remarkable momentum our teams have created across our entire portfolio and look forward to seeing that continue throughout the year,” Ensign...
NHI sees ‘significantly increased’ inquiries, is positioned for growth with ‘fortress-like’ balance...
By
Kathleen Steele Gaivin
Feb 22, 2024
National Health Investors is starting to see more “actionable activity” in its investment pipeline, Chief Investment Officer Kevin Pascoe told investors and analysts Wednesday during a fourth-quarter...
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.