Senior living and care represented among Inc. 5000 fastest-growing private companies
By
Kathleen Steele Gaivin
Aug 14, 2024
Numerous senior living and care-related companies made the 2024 Inc. 5000 list of America’s fastest-growing private companies, released Tuesday.
Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
Report: Nurse residency programs could help reduce turnover
By
Kathleen Steele Gaivin
Sep 28, 2022
Nurse residency programs, which are popular among nurses, could alleviate turnover among long-term services and support services nurses, according to a research brief from the LeadingAge LTSS Center @UMassBoston.
Former SNF operator out $300,000 after failing to provide sign language services
By
Danielle Brown
Oct 20, 2021
A former operator of 38 skilled nursing facilities accused of not supplying sign language interpretation for a deaf resident will shell out more than a quarter of a billion dollars to settle the allegations.
Garden Spot Communities, Frederick Living announce affiliation, noting end of an era for industry
By
Lois A. Bowers
Sep 05, 2023
Two southeastern Pennsylvania senior living and care organizations on Friday announced their intentions to affiliate, saying the decision was driven by a belief that “the era of the single-site and small-system...
Trilogy Health Services to expand, build properties in 4 Midwest states
By
Lois A. Bowers
Jul 26, 2024
Louisville, KY-based Trilogy Health Services on Thursday announced plans to develop or expand its senior living or skilled nursing offerings in four Midwest states: Indiana, Kentucky, Michigan and Ohio.
4 Ascension Living properties sold to Prime Healthcare in ‘historic’ deal
By
Lois A. Bowers
Jul 26, 2024
Four Ascension Living senior living and care properties in Illinois will be sold to Ontario, CA-based Prime Healthcare along with nine Ascension hospitals and associated physician practices in The Prairie...
Actions & Transactions, July 26
By
Lois A. Bowers
Jul 26, 2024
Berkadia negotiates $42.55M senior living portfolio sale in Florida … Focus Healthcare Partners acquires Treeo Senior Living for $26.166 million … $1.4 million in tax credits to bring more affordable...
Infrastructure, data analytics popular tech investments among long-term care providers
By
Lois A. Bowers
Jul 26, 2024
Infrastructure for internet connectivity was the most common technology investment made over the past year by long-term care operators responding to a new survey, and data analytics tools were the most...
Business briefs, July 26
By
Lois A. Bowers
Jul 26, 2024
Existing home sales slip 5.4%; median sales price jumps to record high … Fitch downgrades Christian Horizons OG, IL to ‘D’ … Fitch downgrades Lutheran Senior Services East’s (PA) IDR to ‘BBB’;...