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...
FTC’s noncompete ban upheld in one district court — a different conclusion than reached in another...
By
Kathleen Steele Gaivin
Jul 25, 2024
A federal judge in Pennsylvania on Tuesday denied a request to block enforcement of the Federal Trade Commission’s final rule banning noncompete agreements in most instances.
Bill aims to override Supreme Court decision on Chevron deference
By
Kathleen Steele Gaivin
Jul 24, 2024
Legislation introduced Tuesday in the Senate would override the Supreme Court’s recent decision in Loper Bright Enterprises v. Raimondo to overturn the so-called Chevron doctrine, which held that...
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.
Fee-for-service skilled nursing utilization stable but still below pre-pandemic levels
By
Kathleen Steele Gaivin
Jul 22, 2024
National fee-for-service skilled nursing facility utilization has been stable year over year from the third quarter of 2023 to the third quarter of this year, but utilization remains 2 percentage points...
Business briefs, July 22
By
Kathleen Steele Gaivin
Jul 22, 2024
Argentum urges Texas to expedite power restoration for senior living communities following Hurricane Beryl … Appeals court remands Biden ESG case to lower court in light of Supreme Court ruling … Lantern...