NHI ‘in great shape to start growing’ again, CEO says
By
Kathleen Steele Gaivin
Mar 27, 2023
National Health Investors is reaping the benefits of portfolio optimization begun in 2022, according to President and CEO Eric Mendelsohn. The Murfreesboro, TN-based real estate investment trust is “in...
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
The Federal Trade Commission’s final rule on noncompete agreements, handed down last week, now faces additional legal challenges.
Brookdale to ‘shore up forecasting and financial control’ with leadership changes, analyst says
By
Kathleen Steele Gaivin
Jan 17, 2023
Leadership changes announced Friday by Brookdale Senior Living President President and CEO Lucinda “Cindy” Baier are meant to “shore up forecasting and financial control,” Stifel analyst Tao Qiu...
Long-term care corporate executives see 2.67 percent salary increase
By
Kathleen Steele Gaivin
Feb 10, 2022
Long-term care corporate executives saw an average 2.67% increase in salary in 2021, according to the 38th edition of the Multi-Facility Corporate Compensation Report, released Thursday by the Hospital...
Prestige Care predicts layoffs ahead of shift to PACS Group
By
Kathleen Steele Gaivin
Jun 05, 2024
Vancouver, WA-based Prestige Care has begun a restructuring plan that may include layoffs as it prepares for acquisition by PACS Group in August.
Vote for incumbent directors, NHI advises in supplemental proxy
By
Kathleen Steele Gaivin
May 09, 2024
National Health Investors is asking stockholders to reject an activist investor’s recommendation to not re-elect two of three people up for re-election to the board of the Murfreesboro, TN-based real...
As overtime rule effective date approaches, DOL seeks to expedite lawsuit challenge
By
Kathleen Steele Gaivin
Jun 24, 2024
With the July 1 effective date of the new federal overtime rule looming, the Department of Labor has petitioned a Texas court to expedite discovery in a lawsuit seeking to block the rule.
‘We believe we’ve turned the corner,’ Ventas execs say
By
Kathleen Steele Gaivin
May 19, 2021
Ventas executives are “encouraged by what we’re seeing early in this recovery,” Executive Vice President of Senior Housing Justin Hutchens said yesterday at the Capital Markets Global Health Care...
Balfour–Kisco affiliation brings ‘greater geographic coverage,’ firms say
By
Kathleen Steele Gaivin
Oct 17, 2023
Louisville, CO-based Balfour Senior Living now is an affiliate of Carlsbad, CA-based Kisco Senior Living, the companies announced Friday in a joint statement.