ProMedica

Toledo, OH-based Promedica on Friday reported a $346.4 million operating loss for the fourth quarter of 2022. The report comes after the company made a near total exit from skilled nursing last year in...

ProMedica to lay off additional 26 SNF support staff … Senate Aging Committee discusses ‘dismantling barriers and building economic resilience for older workers’ … … For sale in CT: Huge...

Toledo, OH-based ProMedica entered a definitive agreement this week to sell the company’s Heartland brand home health and hospice care business to Atlanta-based Gentiva for $710 million.

Kennett Square, PA-based Genesis Healthcare is adding 34 nursing homes in Pennsylvania and four in Colorado, all formerly operated by Toledo, OH-based ProMedica Senior Care.

Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...

ProMedica issues layoff notices after giving up interest in most of its nursing homes … ShiftKey raises $300M in undisclosed funding round … RMR Group declares $0.40 dividend … Diversified Healthcare...

SavaSeniorCare is set to transition the remaining five skilled nursing facilities in its portfolio to other operators by the end of January, in what seems to be a trend in long-term care that also involves...

Toldeo, OH-based Welltower stock dropped by 6% to 8% Wednesday after Hindenburg Research released a report calling a joint venture partnership between the real estate investment trust and New York-based...

Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...

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