4 Ascension Living properties sold to Prime Healthcare in ‘historic’ deal
By
Lois A. Bowers
Jul 26, 2024
Four Ascension Living senior living and care properties in Illinois will be sold to Ontario, CA-based Prime Healthcare along with nine Ascension hospitals and associated physician practices in The Prairie...
Trilogy Health Services to expand, build properties in 4 Midwest states
By
Lois A. Bowers
Jul 26, 2024
Louisville, KY-based Trilogy Health Services on Thursday announced plans to develop or expand its senior living or skilled nursing offerings in four Midwest states: Indiana, Kentucky, Michigan and Ohio.
Infrastructure, data analytics popular tech investments among long-term care providers
By
Lois A. Bowers
Jul 26, 2024
Infrastructure for internet connectivity was the most common technology investment made over the past year by long-term care operators responding to a new survey, and data analytics tools were the most...
Business briefs, July 26
By
Lois A. Bowers
Jul 26, 2024
Existing home sales slip 5.4%; median sales price jumps to record high … Fitch downgrades Christian Horizons OG, IL to ‘D’ … Fitch downgrades Lutheran Senior Services East’s (PA) IDR to ‘BBB’;...
Actions & Transactions, July 26
By
Lois A. Bowers
Jul 26, 2024
Berkadia negotiates $42.55M senior living portfolio sale in Florida … Focus Healthcare Partners acquires Treeo Senior Living for $26.166 million … $1.4 million in tax credits to bring more affordable...
Enacted bill shows that dementia resources are ‘high priority,’ industry advocate says
By
Lois A. Bowers
Jul 23, 2024
A long-term care provider advocate in South Carolina says that recently passed legislation “makes it clear that improving resources and access to care for those with Alzheimer’s disease is a high priority”...
NLRB withdraws appeal of decision enjoining ‘joint employer’ rule
By
Lois A. Bowers
Jul 22, 2024
The National Labor Relations Board on Friday withdrew its appeal of a district court ruling that enjoined its “joint employer” final rule.
State budget has ‘positive steps’ but does not do enough for providers, residents, groups say
By
Lois A. Bowers
Jul 22, 2024
Senior living industry advocates in Pennsylvania say they are encouraged by steps to support older adults evident in the recently passed state budget, but they say much more needs to be done to support...
Insurance among common fringe benefits offered to CCRC employees
By
Lois A. Bowers
Jul 19, 2024
Insurance is a popular fringe benefit paid to management employees of continuing care retirement / life plan communities, according to the findings of the 2024-2025 CCRC Salary & Benefits Report. The national...
Clif Porter named AHCA/NCAL’s next president and CEO
By
Lois A. Bowers
Jul 16, 2024
Clifton J. “Clif” Porter II, the current senior vice president of government relations for the American Health Care Association/National Center for Assisted Living, will become the groups’ next president...