Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 18, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
More boomers favor renting, with little interest in buying homes: report
By
Kathleen Steele Gaivin
May 18, 2024
Baby boomers — those born between 1946 and 1964 — are bucking the trend when it comes to renting versus buying a new home, according to a report from Bank of America, published Wednesday.
Healthcare sees highest Chapter 11 bankruptcy filings in 15 years: report
By
Kathleen Steele Gaivin
May 17, 2024
Chapter 11 bankruptcies in healthcare, including senior living reached a multiyear high in the first quarter of 2024. That’s according to the newest Polsinelli-TrBK Distress Indices Report, published...
Masonicare, United Methodist Homes plan merger
By
Kathleen Steele Gaivin
May 17, 2024
Connecticut providers Masonicare and United Methodists Homes plan to merge in a deal expected to close early next year.
‘Great Resignation’ becomes ‘Great Reshuffle’ of American jobs
By
Kathleen Steele Gaivin
May 16, 2024
After a record number of workers left their jobs in the early part of the decade in what was known as the “Great Resignation,” the American workforce has entered a period now dubbed the “Great Reshuffle,”...
Cheating on workforce drug tests on the rise as marijuana use increases: report
By
Kathleen Steele Gaivin
May 16, 2024
More workers are tampering with employer-mandated drug tests than ever before, according to a new report from Quest Diagnosis, published Wednesday.
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
Provider groups partner to strengthen workforce, improve care coordination
By
Kathleen Steele Gaivin
May 15, 2024
The Florida Health Care Association and the Florida Assisted Living Association will collaborate to try to strengthen the long-term care workforce and improve the coordination of high-quality care.
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...