Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
As talks continue about a proposed merger between real estate investment trusts Diversified Healthcare Trust and Office Properties Income Trust, the accumulation of shares of DHC stock by Adam Portnoy...
Oregon SNFs to receive staffing help from state resources
By
Kathleen Steele Gaivin
Aug 27, 2021
Nursing homes and other healthcare organizations in Oregon are receiving workforce reinforcements after Gov. Kate Brown (D) announced yesterday that the state has finalized a contract with medical staffing...
After ‘sobering’ third quarter, Pennant Group takes ‘methodical’ steps toward stronger 2022
By
Kathleen Steele Gaivin
Nov 10, 2021
The Pennant Group is taking “methodical” steps to return to the healthy growth rate the company has achieved over much of its history, CEO Daniel Walker said Tuesday during a third-quarter earnings...
Hiring, retaining workers starts with positive company culture
By
Kathleen Steele Gaivin
Jul 12, 2023
A positive company culture affects the bottom line and improves training, recruitment and retention, according to presenters at a Tuesday webinar hosted by Health Dimensions Group.
Transforming Age expands into California with Elder Care Alliance affiliation
By
Kathleen Steele Gaivin
Jan 23, 2024
Alameda, CA-based Elder Care Alliance joined the Transforming Age network last week, expanding the Bellevue, WA and Omaha, NE-based not-for-profit senior living operator’s footprint into California.
Debt market liquidity top concern for long-term care investors: survey
By
Kathleen Steele Gaivin
Nov 14, 2023
Half of long-term care investors see debt market liquidity as their top concern over the next 12 months, according to Cushman & Wakefield’s recent survey of more than 90 industry leaders. Sixty-eight...
Sabra subsidiary announces $800 million public offering
By
Kathleen Steele Gaivin
Sep 23, 2021
Sabra Health Care Limited Partnership, a subsidiary of Irvine, CA-based Sabra Health Care REIT, announced Tuesday that it has priced and entered into an agreement to issue and sell $800 million aggregate...
NHI sells portfolio of nine Holiday properties
By
Kathleen Steele Gaivin
Aug 11, 2021
“It’s been a busy 2021, and the breakneck speed won’t’ be ending anytime soon,” National Health Investors CEO and President Eric Mendelsohn said in Tuesday’s second quarter earnings call.
New NLRB, DOJ partnership to focus on potential employer violations of labor, antitrust laws
By
Kathleen Steele Gaivin
Jul 28, 2022
A new partnership between the National Labor Relations Board and Department of Justice will increase scrutiny of employer acts that could violate the National Labor Relations Act or antitrust laws, such...