Omega 2Q financials ‘exceeded expectations,’ CEO says
By
Kathleen Steele Gaivin
Aug 04, 2023
Hunt Valley, MD-based Omega Healthcare Investors’ revenue for the second quarter was $250 million compared with $245 million for the same quarter a year ago, Chief Financial Officer Robert O. Stephenson...
Nation’s older adult population changing, federal report shows
By
Kimberly Bonvissuto
Jun 17, 2024
A profile of the nation’s older adult population reveals trends that will affect senior living providers, showing that the older adult population is growing rapidly, that people are living longer...
Coventry Holdings of Minnesota opens 18th Suite Living Senior Care community
By
Kathleen Steele Gaivin
Nov 28, 2023
Coventry Holdings of Minnesota has opened its 18th Suite Living Senior Care community, in White Bear Lake, MN. The company has another six new communities slated to break ground later this year or next.
‘Sky is the limit’ for health information networks’ SNF insights
By
Kimberly Marselas
Jan 24, 2024
An expanding health information exchange connecting 71 hospitals and nearly 600 post-acute providers in New Jersey is exceeding expectations.
Kendal-Crosslands Communities breaks ground on $56 million expansion, renovation
By
Kathleen Steele Gaivin
Feb 22, 2024
Kendal-Crosslands Communities broke ground Tuesday on a $56 million expansion and redevelopment project at one of its four communities, Kendal at Longwood, in Kennett Square, PA.
Bill promises ‘generational investment’ in senior living and care workforce
By
Kimberly Bonvissuto
Apr 17, 2024
Proposed federal legislation would make a “generational investment” in the senior living and care workforce at a time when the aging population is growing exponentially and an increasing number of...
DOJ: Healthcare competition warrants ‘scrutiny and discussion’
By
Kathleen Steele Gaivin
Nov 02, 2023
The Department of Justice is keeping an eye on potentially anti-competitive deals in the healthcare industry.
Interest rates expected to ease, putting public equity investors in ‘very positive mood’
By
Kathleen Steele Gaivin
Apr 14, 2023
The Federal Reserve is likely to ease interest rate increases starting in the next session or two, KPMG’s Ash Shehata and KPMG’s Global & US Private Equity Leader Glenn Mincey said Thursday during...
Private-sector employment up 324,000 jobs
By
Kathleen Steele Gaivin
Aug 03, 2023
Private-sector employment increased by 324,000 jobs in July, according to the July ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with the Stanford...
FDA approves toilet seat that monitors health
By
John O'Connor
May 05, 2023
The Food and Drug Administration has given clearance to a health monitoring toilet seat, according to Casana, its maker.