Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
PharMerica parent BrightSpring announces equity grant program for employees as company begins trading...
By
Kathleen Steele Gaivin
Lois A. Bowers
Feb 05, 2024
Louisville, KY-based BrightSpring Health Services, the parent company of long-term care pharmacy PharMerica, began trading on Nasdaq on Jan. 26 following the pricing of its initial public offering the...
Good Sam, Ebenezer parents’ merger faces new challenge from healthcare union
By
Kathleen Steele Gaivin
Mar 07, 2023
A planned merger between the parent companies of the Evangelical Lutheran Good Samaritan Society and Ebenezer Senior Living, which seemed all but certain a few months ago, is facing mounting challenges...
Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...
Nursing home, home health fast-growing health spending categories
By
Kathleen Steele Gaivin
May 26, 2023
Healthcare prices increased in April by 3.4% year over year despite slowing inflation, representing the fastest overall healthcare price growth since December 2007. That’s according to Altarum’s monthly...
State considers moratorium on nursing home construction, expansion
By
Kathleen Steele Gaivin
May 02, 2023
Legislation being considered in Iowa would place a six-month moratorium of the construction and expansion of nursing homes. The bill also would give Medicaid payers more power in recovering funds from...
State staffing policies could hamper MedPAC’s recommendations on federal mandate
By
Kathleen Steele Gaivin
Oct 11, 2022
A federal minimum staffing mandate is on the horizon for nursing homes at the beginning of 2023. Providers and experts wonder just how the proposed mandate might address historic staffing shortages without...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
Earnings calls roundup: Brookdale, NHI, Sabra
By
Kathleen Steele Gaivin
Feb 23, 2023
Fourth-quarter / full-year 2022 earnings calls continued Wednesday with reports from Brookdale Senior Living, National Health Investors and Sabra Health Care REIT.
DOL says proposed rule would modernize apprenticeship regulations via student-centric model
By
Kathleen Steele Gaivin
Jan 03, 2024
A new rule proposed by the Department of Labor would modernize regulations for apprenticeships that fall under the National Apprenticeship System with a move toward a more student-centric model, the department...