Insurance rates stabilize for senior living, skilled nursing providers
By
Kathleen Steele Gaivin
May 09, 2024
Senior living and skilled nursing providers began to see insurance rates stabilize in the fourth quarter of 2023, similar to what was seen in 2022, according to WTW’s annual Insurance Marketplace Realities...
Silver Springs receives 3-year re-accreditation from CARF
By
Kathleen Steele Gaivin
Jun 10, 2024
Independent, not-for-profit accreditation firm CARF International has re-accredited Silver Springs, an active retirement community owned and operated by Senior Resource Group, for three years.
Distinctive Living expands operational footprint with acquisition of Validus Senior Living
By
Kathleen Steele Gaivin
May 10, 2024
Freehold, NJ-based operator and developer Distinctive Living finalized on April 1 the acquisition of Validus Senior Living Management, a Florida-based operator. Talk of the transaction began in 2023.
NHC to acquire 15-property portfolio from White Oak Senior Living
By
Kathleen Steele Gaivin
Jun 05, 2024
National HealthCare Corp. plans to acquire Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of senior living and care communities in North Carolina and South Carolina, the Murfreesboro,...
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.
Avendelle Assisted Living looks to expand through franchising
By
Kathleen Steele Gaivin
Jun 03, 2024
Raleigh, NC-based Avendelle Assisted Living plans to expand its footprint through franchising with partners in all states, as well as international territories.
Charter Senior Living adds 13 former Cedarhurst communities to portfolio
By
Kathleen Steele Gaivin
May 30, 2024
Naperville, IL-based Charter Senior Living has assumed management of 13 communities in Illinois and Wisconsin.
Legislation, lawsuits aim to block overtime rule from taking effect
By
Kathleen Steele Gaivin
Jun 07, 2024
Republican-backed legislation introduced this week in both houses of Congress under the Congressional Review Act, if passed, would block the federal overtime rule from going into effect on July 1.
It’s time for ‘serious discussion’ on paid leave: policy makers
By
Kathleen Steele Gaivin
Mar 26, 2024
Weeks after the White House announced a proposed budget for 2025 that includes a measure to establish a national paid family and medical leave program, lawmakers are divided on the practicalities of moving...
Well-Spring, Brightspire merge to form Kintura
By
Kathleen Steele Gaivin
Mar 20, 2024
The Well-Spring Group and Brightspire, both senior living providers, have signed a binding, definitive agreement to merge, creating a new parent entity to be known as Kintura.