Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
Pennant, NHC report earnings
By
Kathleen Steele Gaivin
May 08, 2023
The Pennant Group and National HealthCare Corp. provided quarterly financial updates Friday to stakeholders.
Unfair labor practices charge filings, union petitions up from last year
By
Kathleen Steele Gaivin
Apr 11, 2023
Unfair labor practice charges and union representation petitions are on the rise, according to the National Labor Relations Board.
Long-term care sees record-level M&A activity
By
Kathleen Steele Gaivin
Jul 21, 2023
Halfway through the year, the long-term care sector “continue[s] to see record-level activity and organizations exploring the benefits of a potential affiliation with another not-for-profit, as well...
Merger, acquisition activity lags across healthcare
By
Kathleen Steele Gaivin
Mar 05, 2024
Deal activity declined last year across nearly every segment of healthcare, according to newly released data from Irving Levin Associates
Offering a retirement plan ‘critical asset’ even for small business owners
By
Kathleen Steele Gaivin
May 09, 2023
It’s not just the big corporations that need to offer a retirement plan to employees. Even small business owners can, and should, should set up a retirement plan, according to Los Angeles-based Capital...
NIC: Loan delinquencies still above pre-COVID levels but trend down
By
Kathleen Steele Gaivin
Nov 11, 2022
The number of delinquent loans in the long-term care industry edged down in the second quarter, but delinquencies remain above pre-COVID levels, according to a report released Wednesday by the National...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Fountain View Village gets $10 million makeover
By
Kathleen Steele Gaivin
Nov 27, 2023
A $10 million renovation at Fountain View Village in Fountain Hills, AZ, redesigns all common areas and apartments and upgrades all community amenities in independent living segment.
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...