$1.125 billion deal won’t change Trilogy Health Services, CEO says
By
Lois A. Bowers
Sep 15, 2015
Trilogy will continue to focus on developing CCRCs in the Midwest as it is acquired in a $1.125 billion joint venture with Griffin-American Healthcare REIT III and NorthStar Healthcare Income, Trilogy...
HCP continues to shed Brookdale communities from portfolio
By
Lois A. Bowers
Feb 14, 2018
Real estate investment trust HCP is selling six Brookdale Senior Living properties to Brookdale and selling or transitioning 68 other Brookdale properties to other operators, REIT executives said Tuesday...
$1.4 billion PharMerica acquisition by KKR complete; growth in assisted living arena expected
By
Lois A. Bowers
Dec 08, 2017
The $1.4 billion acquisition of PharMerica Corp. by a newly formed company controlled by global investment firm KKR has been completed ahead of schedule. The company previously had announced its intention...
Erickson unveils new name, logo as part of $3 billion expansion strategy
By
Lois A. Bowers
Apr 28, 2021
Erickson Living is changing its name to Erickson Senior Living and rolling out a new logo as part of a strategy that will see almost $3 billion in development and construction over the next five years....
People in the news, Dec. 3
Dec 03, 2019
Appointments, promotions and other news at Bartels Lutheran Retirement Community, Broadview – Senior Living at Purchase, Buckner Parkway Place, Cadence Living, Drive DeVilbiss Healthcare, Ensign...
Medicaid block grant proposal ‘must be carefully evaluated,’ provider group says
By
Lois A. Bowers
Sep 19, 2019
A plan that would make Tennessee the first state to receive its Medicaid funding via a block grant “must be carefully evaluated,” the executive director of the Tennessee Health Care Association...
Quality Care Properties shareholders overwhelmingly approve Welltower merger
By
Lois A. Bowers
Jul 26, 2018
Quality Care Properties stockholders overwhelmingly voted in favor of being acquired by fellow real estate investment trust Welltower on Wednesday at a special meeting in Bethesda, MD, where QCP is headquartered....
New perks that really do work
By
Lois A. Bowers
Apr 19, 2018
It’s no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective...
Senior living facility for football players could be a step closer to reality, but future uncertain
By
Lois A. Bowers
Aug 06, 2019
A senior living facility on the Pro Football Hall of Fame campus in Canton, OH, may be one step closer to fruition with recent news, but the component’s future is not certain.
Trump administration to appeal overtime rule decision
By
Lois A. Bowers
Oct 31, 2017
The Justice Department on Monday said it intends to appeal an Aug. 31 U.S. District Court summary judgment that a federal overtime rule finalized under President Obama was unlawful because it based overtime...