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...
Sabra, TPG negotiate financial restructuring for Enlivant JV
By
Kathleen Steele Gaivin
Apr 04, 2023
After an audit revealed “substantial doubt” about future viability of the Enlivant portfolio, the joint venture of Sabra Health Care REIT and TPG Real Estate is looking at restructuring its financing.
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.
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...
New ‘joint employer’ definition proposed; providers could face greater liability
By
Kathleen Steele Gaivin
Sep 07, 2022
The National Labor Relations Board on Tuesday announced a draft of its long-anticipated new “joint employer” definition.
Proposed federal regulation aims to help workers keep track of retirement savings when they switch jobs
By
Kathleen Steele Gaivin
Jan 22, 2024
A new regulation proposed last week by the Department of Labor’s Employee Benefits Security Administration aims to help workers keep track of their retirement savings accounts better and improve their...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.