ProMedica sells home health, hospice business to Gentiva for $710 million
By
Kathleen Steele Gaivin
Mar 03, 2023
Toledo, OH-based ProMedica entered a definitive agreement this week to sell the company’s Heartland brand home health and hospice care business to Atlanta-based Gentiva for $710 million.
Genesis Healthcare adds 38 former ProMedica SNFs to portfolio
By
Kathleen Steele Gaivin
Feb 01, 2023
Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Business briefs, Jan. 13
By
Kathleen Steele Gaivin
Jan 13, 2023
ProMedica issues layoff notices after giving up interest in most of its nursing homes … ShiftKey raises $300M in undisclosed funding round … RMR Group declares $0.40 dividend … Diversified Healthcare...
SavaSeniorCare, Welltower, CareTrust divest from skilled nursing
By
Kathleen Steele Gaivin
Jan 03, 2023
SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...
Welltower stock falls sharply following report claiming ‘shell game’ tactics
By
Kathleen Steele Gaivin
Dec 09, 2022
Toldeo, OH-based Welltower stock dropped by 6% to 8% Wednesday after Hindenburg Research released a report calling a joint venture partnership between the real estate investment trust and New York-based...
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
People in the news, Nov. 1
Nov 01, 2022
Appointments, promotions and other news at Anthem Memory Care, Arrow Senior Living, Benedictine, Civitas Senior Living, Eastcastle Place, Grace Management, JAMDA, Lenbrook, MBK Senior Living, Morning Pointe...
Meet DeLaine Rice-White, 2022 Hall of Honor inductee
By
Nicole Blanchard
Aug 03, 2022
Learn more about DeLaine Rice-White, vice president of rehabilitation services for ProMedica Senior Care, Toledo, OH.
ProMedica shakes up leadership amid troubled finances
By
Kathleen Steele Gaivin
May 26, 2022
In the wake of continued financial woes, Toledo, OH-based Promedica made significant changes to its executive leadership team on Monday. Tausha Moore, the company’s director of public relations,...