Senior living M and A drops in 1Q to lowest since 2021
By
Kathleen Steele Gaivin
Jun 08, 2023
Mergers and acquisition activity slowed to approximately 32 transactions per month in the first quarter of 2023. This marks the lowest M&A activity the senior living industry has seen since 2021, according...
‘Inflationary environment,’ ‘pent-up transactional demand’ driving momentum of senior housing...
By
Kathleen Steele Gaivin
Oct 12, 2021
As the economy slowly rises from the pandemic, the “inflationary environment” and “pent-up transactional demand over the past 18 months or so,” real estate investment trusts are dealing in common...
Recession-proof senior housing REITs a ‘good bet’ for investors
By
Kathleen Steele Gaivin
Jul 14, 2022
Debate exists among experts about whether the United States is heading for recession or already is there, but there is some agreement that senior housing is a recession-proof investment.
Bill aims to protect nursing home residents during infectious disease outbreaks
By
Kathleen Steele Gaivin
Sep 21, 2022
The New Jersey Assembly’s Aging and Senior Services Committee, on Thursday passed a bill “Sally’s Law,” that aims to provide nursing home residents greater protections during periods of infectious...
SEC re-opens comment period on executive pay disclosure rule
By
Kathleen Steele Gaivin
Feb 01, 2022
Proposed federal rules would require public companies to disclose how the pay of their top executives lines up with a company’s financial performance. Before that happens, the Securities and Exchange...
Long-term care M&A activity increases to 110 deals in second quarter
By
Kathleen Steele Gaivin
Jul 18, 2023
The number of publicly announced senior living and skilled nursing-related mergers and acquisitions increased by 11% during the second quarter of the year, to 110 deals from 99 transactions in the first...
25 attorneys general sue Labor Department over ESG rule
By
Kathleen Steele Gaivin
Feb 01, 2023
Twenty-five Republican state attorneys general have filed a lawsuit challenging the Department of Labor’s new rule that allows plan fiduciaries to consider climate change and other environmental, social...
Long-term care accounts for 54 percent of healthcare bankruptcies this year
By
Kathleen Steele Gaivin
Aug 24, 2022
Bankruptcies in the healthcare industry are trending up by more than 25% this year, and 54% of them have happened in senior living and other long-term care settings, particularly in skilled nursing facilities,...
Supreme Court denies ‘look through’ requests in arbitration claims
By
Kathleen Steele Gaivin
Apr 01, 2022
The Supreme Court on Thursday set limits on when federal courts have jurisdiction to confirm or vacate an arbitration claim under certain sections of the Federal Arbitration Act. Essentially, the court...
National health spending could hit $6.8 trillion by 2030, CMS predicts
By
Kathleen Steele Gaivin
Mar 29, 2022
National health spending should grow 4.2% for 2021, reaching nearly $4.3 trillion, according to estimates released Monday by the Office of the Actuary at the Centers for Medicare & Medicaid Services. National...