Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Nursing profession in ‘desperate need’ of support: survey
By
Kathleen Steele Gaivin
Nov 17, 2023
The nursing profession is in “desperate need of sustained support” lest the workforce continue to decline. That’s according to the results of a mental health and wellness survey released this month...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
The Occupational Safety and Health Administration’s enforcement activities did not adequately protect workers during the COVID-19 public health emergency, according to a new audit report from the Department...
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Long-term care facilities face critical nursing shortage
By
Kathleen Steele Gaivin
Jul 07, 2021
Long-term care facilities everywhere are struggling with the dire effects of the nursing shortage.
Ensign first-quarter results ‘particularly impressive,’ CEO says
By
Kathleen Steele Gaivin
Apr 28, 2023
The Ensign Group’s “locally driven strategy led to improvement in occupancies, skilled revenue, skilled days and managed care revenues,” CEO Barry Port said during Thursday’s earnings call. “The...
Cypress Living to provide consulting services to Lee Health’s home health agency
By
Kathleen Steele Gaivin
Nov 08, 2022
Cypress Living will provide consulting services to the home health segment of Fort Myers, FL-based Lee Health, Cypress announced Monday. Lee Health is one of the largest home health providers in Southwest...
Birchwood closes first round for $100 million 5V+ Seniors Healthcare Fund
By
Kathleen Steele Gaivin
Jun 16, 2023
Chicago-based healthcare fund management firm Birchwood Healthcare Partners has completed the initial closing of its 5V+ Seniors Healthcare Fund, the company announced Thursday.