‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Pennant puts acquisitions on hold for senior living but not home health, hospice
By
Lois A. Bowers
Feb 26, 2021
In the midst of a “challenging operating environment” for senior living, The Pennant Group does not plan to allocate capital for acquisitions in the sector in the near term “as our leaders focus...