Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...
Bilingual, US-based employees staff RiverSpring call center
By
Kathleen Steele Gaivin
Apr 30, 2024
RiverSpring Health Plans, based in The Bronx, NY, said it is setting its call center apart from others in the industry with more than a dozen employees who speak multiple languages, including Spanish,...
Supreme Court case appears favorable toward employer in unionization dispute
By
Kathleen Steele Gaivin
Apr 25, 2024
The Supreme Court appeared Tuesday to be leaning in favor of coffee chain Starbucks in a union-related lawsuit against the National Labor Relations Board that could affect all types of business owners.
American Healthcare REIT board neutral on newest unsolicited mini-tender offer
By
Kathleen Steele Gaivin
Apr 12, 2024
The American Healthcare REIT Board of Directors will remain neutral on an unsolicited mini-tender offer from CMG Partners, the company said Wednesday in a filing with the Securities and Exchange Commission.
Senior housing demand expected to exceed pre-pandemic levels within 5 years: report
By
Kathleen Steele Gaivin
Mar 16, 2023
Demand for senior housing — independent living, assisted living and memory care — could well exceed pre-pandemic levels within the next five years, thanks to the growth of the 75+ demographic in the...
59 percent think they’ll be comfortable, secure in retirement: study
By
Kathleen Steele Gaivin
May 23, 2023
Fifty-nine percent of Americans who plan to retire believe they can afford a comfortable and secure retirement lasting more than 10 years, according to the findings of a new study by Edward Jones and Age...
CFO boosts interest in Invesque with stock pick-up
By
Kathleen Steele Gaivin
Apr 02, 2024
A company owned by Invesque’s chief financial officer has boosted the CFO’s financial interest in the real estate company with the acquisition of 16.98 million shares of stock common from insurance...
New law expedites timeliness of reporting infections
By
Kathleen Steele Gaivin
Dec 09, 2022
New York Gov. Kathy Hochul (D) signed legislation Wednesday that requires nursing homes to provide residents, authorized family members and guardians “timely notice” when an infection is detected.
Sale of 3 Eskaton SNFs for $35.6 million conditionally approved
By
Kathleen Steele Gaivin
Sep 06, 2023
The $35.6 million sale of three of Carmichael, CA-based Esakton’s stand-alone skilled nursing facilities to International Equity Partners has been conditionally approved, California Attorney General...
Nursing profession in ‘desperate need’ of support: survey
By
Kathleen Steele Gaivin
Nov 17, 2023
The nursing profession is in “desperate need of sustained support” lest the workforce continue to decline. That’s according to the results of a mental health and wellness survey released this month...