SLIB arranges sale of Pleasant Prairie, WI, assisted living community … Jewish Family Services to break ground affordable senior housing community in Wisconsin … Jewish Home Life of Buckhead, GA,...
NHC’s net operating revenues increase by 10.2% year over year
By
Kathleen Steele Gaivin
May 14, 2024
National Healthcare Corp. saw net operating revenues of $297.1 million for the first quarter of 2024, compared with $269.5 million for the same quarter a year ago. That’s an increase of 10.2%, the...
Industry groups launch online resource for senior living and care careers
By
Kathleen Steele Gaivin
May 14, 2024
The Minnesota state partner of LeadingAge and Argentum and the state affiliate of the American Health Care Association/National Center for Assisted Living have partnered on an online resource meant to...
Plymouth Place retirement community earns arboretum accreditation
By
Kathleen Steele Gaivin
May 14, 2024
Plymouth Place in La Grange Park, IL, has been awarded level 1 accreditation by the ArbNet Arboretum Accreditation Program and the Morton Arboretum for its arboreta and botanic gardens.
Business briefs, May 14
By
Kathleen Steele Gaivin
May 14, 2024
Effort to re-establish House Aging Committee resurfaces … Long-term care affordability among top healthcare cost concerns of adults … Fitch Ratings upgrades Atherton Baptist Homes to BBB; outlook stable
New DOJ task force to tackle competition-related concerns in healthcare
By
Kathleen Steele Gaivin
May 13, 2024
The Justice Department said its Antitrust Division’s new Task Force on Health Care Monopolies and Collusion will consider “widespread competition concerns shared by patients, healthcare professionals,...
Senator requests GAO study of unpaid caregivers
By
Kathleen Steele Gaivin
May 13, 2024
US Sen. Bob Casey (D-PA) has requested that the Government Accountability Office study and produce a report about the contributions that unpaid caregivers to older adults and children, as well as others...
Invesque sells $68.4 million in SNF properties in first quarter
By
Kathleen Steele Gaivin
May 13, 2024
Invesque sold $68.4 million in skilled nursing properties during the first quarter, the Fishers, IN-based healthcare real estate investment company announced Thursday in a quarterly earnings report. The...
Business briefs, May 13
By
Kathleen Steele Gaivin
May 13, 2024
First-quarter momentum allowing Sonida to ‘swiftly’ move into growth mode, execs say… Fitch Ratings affirms EveryAge at BBB-; outlook negative … Fitch Ratings affirms Eliza Jennings Senior Care...
Actions & Transactions, May 14
By
Kathleen Steele Gaivin
May 13, 2024
First Citizens Bank arranges $260M for refinancing of 12-property SNF portfolio in Maryland … ESI sells 8-property, $60M SNF portfolio in Hartford, CT, metro area … Cogir of Folsom, CA, celebrates...