K4Connect raises $8.9M from investors in latest funding round
By
Kathleen Steele Gaivin
Jul 17, 2023
Morrisville, NC-based K4Connect has raised $8.9 million from 14 investors, according to a Thursday filing with the Securities and Exchange Commiss
SNFs to pay $10K more per day to comply with CMS guidance
By
Danielle Brown
Apr 07, 2020
Nursing homes could be forced to spend an additional $10,000 per day on equipment in order to meet the latest federal requirements during the COVID-19 response, according to experts.
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
National Quality Forum endorses first assisted living customer satisfaction measures
By
Lois A. Bowers
Jan 18, 2019
The National Quality Forum for the first time has endorsed a set of assisted living customer satisfaction measures, the American Health Care Association and National Center for Assisted Living, developer...
Vaulting to good health
Oct 24, 2018
Bob Aldredge, an 85-year-old resident of Otterbein Senior Life in Lebanon, OH, recently won a gold medal in an international pole vaulting competition. Find out more, and learn how to submit your photos!
PointClickCare puts IPO on hold, closes $85 million round of financing
By
Lois A. Bowers
Feb 01, 2017
PointClickCare has put plans for an initial public offering on hold, instead closing an $85 million round of financing. The company said it plans to use the funds to accelerate its focus on delivering...
Case for a makeover
By
Amy Novotney
Jun 01, 2015
It’s imperative to roll out an appeal for renovating in the right way, including starting with a master plan, and having a way to minimize disruption to residents while work is underway.
ASHA to induct 4 into Senior Living Hall of Fame for 2020
By
Lois A. Bowers
Jan 06, 2020
Juniper Communities founder and CEO Lynne Katzmann, Ph.D.; the late founders of Koelsch Communities, Emmett and Alice Koelsch; and ProMatura Group founder Margaret Wylde, Ph.D., will be inducted into the...
Long-term care market optimism increases year over year: survey
By
Kathleen Steele Gaivin
Mar 06, 2024
Senior living and care investments are poised for even or increased growth in 2024, according to the results of a survey by Dallas-based BBG real estate services.