Sonida Senior Living buys 9 communities, assumes management of 2 others
By
Kathleen Steele Gaivin
Jul 03, 2024
Sonida Senior Living has added nine senior living communities to its portfolio so far this year, all since May, the company announced Tuesday.
Lutheran Senior Services, Diakon agreement to combine comes to fruition
By
Kathleen Steele Gaivin
Jul 03, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities officially became part of Lutheran Senior Services on Monday. The action marks the completion of an agreement...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
Actions & Transactions, July 8
By
Kathleen Steele Gaivin
Jul 08, 2024
IntegraCare’s Glen Mills built on location of historic former nightclub … Nursing home purchases former hospital in Baton Rouge, LA … Resort Lifestyle Communities opens all-inclusive retirement community...
Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
Long-term care providers among 193 criminally charged, $2.75 billion in fraud recoveries so far in 2024
By
Kathleen Steele Gaivin
Jul 01, 2024
The Justice Department has recovered more than $2.75 billion in false claims against healthcare providers and charged 193 defendants so far this year in criminal cases through its 2024 National Health...
Healthcare Trust to internaize management, rebrand as National Healthcare Properties
By
Kathleen Steele Gaivin
Jul 02, 2024
Healthcare Trust Inc. plans to rebrand as National Healthcare Properties as it transitions to self-management and internalizes its management functions, the New York-based real estate investment trust...
Employer-sponsored emergency savings programs can improve worker productivity, tenure
By
Kathleen Steele Gaivin
Jul 09, 2024
Employer-sponsored emergency savings
Record-high False Claims Act settlements recovered in first half of 2024
By
Kathleen Steele Gaivin
Jun 21, 2024
After a record-breaking 2023, settlements under the False Claims Act continue along the same trajectory in the first half of 2024, “with notable healthcare fraud settlements under the FCA, AKS [the Anti-Kickback...
Business briefs, June 27
By
Kathleen Steele Gaivin
Jun 27, 2024
Brookdale, Atria top Argentum largest provider lists for 2024 … Senior living continues to navigate higher interest rate environment … Fidelity Health Care expands partnership with Springfield...