McKnight’s Women of Distinction Hall of Honor gains 24 in 2024
By
Lois A. Bowers
Feb 15, 2024
Twenty-four women working in senior living, skilled nursing or home care are being announced today as 2024 inductees into the Hall of Honor in the annual McKnight’s Women of Distinction awards program,...
Actions & Transactions, Dec. 21
By
Kathleen Steele Gaivin
Dec 21, 2023
Diversified Healthcare Trust issues $941M of senior secured notes to pay off existing debt … CareTrust REIT announces quarterly dividend of $0.28 per share … Diversicare to assume ownership of Birmingham,...
Business briefs, July 17
By
Kathleen Steele Gaivin
Jul 17, 2023
Hedge fund D.E. Shaw files new SEC notice opposing proposed DHC merger … Diversicare, therapists hit with $1.4M settlement over moonlighting allegations … WesleyLife launches foundation … Ochsner...
People in the news, May 30
May 30, 2023
Appointments, promotions and other news at the American Health Care Association / National Center for Assisted Living, American Senior Communities, Assisted Living Locators, Buckner Retirement Services,...
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
Diversicare Healthcare Services looks to solidify DAC merger in fourth quarter
By
Kathleen Steele Gaivin
Nov 11, 2021
Diversicare Healthcare Services reported a third quarter net loss of $2.9 million in a press release issued Tuesday. The company recorded a net profit of $3.2 million in the same period in 2020.
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
Diversicare receives buyout offer
By
Kathleen Steele Gaivin
Aug 26, 2021
Shares of Diversicare Healthcare Services more than doubled in value last Friday following the announcement Thursday that MCS Plan and its manager Ephram “Mordy” Lahasky, doing business as DAC Acquisition,...
Provider Relief Funds and state grant funds that Diversicare Healthcare Services received during the second quarter of 2021 were used to offset increased healthcare-related expenses and lost revenues attributable...
Business Daily briefs for Wednesday, May 12
By
Kathleen Steele Gaivin
May 12, 2021
Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors...