Appointments, promotions, awards and other news at Anthem Memory Care, Claiborne Senior Living, Elegance Living, Enso Village, Friendship Retirement Community, Front Porch Communities, Lakewood Health...
People in the news, April 26
By
Amy Novotney
Apr 26, 2022
Appointments and retirements at American House Senior Living, Ingleside, Landis Communities, Laurel Circle, Legend Senior Living, Lifespace Communities, Morning Pointe Senior Living, NewPoint Real Estate...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Nursing care prices increase 3.3% in January, but spending down 7.8%
By
Amy Novotney
Feb 23, 2021
National health spending on nursing care dropped 7.8% in 2020 compared with the previous year, according to a health sector economic indicator brief released Friday by nonprofit research and consulting...
Only ‘very small percent’ of LTC providers will require staff to get COVID vaccine: LeadingAge poll
By
Amy Novotney
Jan 04, 2021
An informal poll conducted late last month by one LeadingAge state partner found that only a very small percent of long-term care operators plan to require a COVID-19 vaccine as a condition of employment,...
House releases scaled down relief bill
By
Amy Novotney
Sep 30, 2020
House Democrats unveiled a $2.2 trillion COVID-19 relief bill late Monday, in an attempt to break the impasse on negotiations before the election. The latest version of the Health and Economic Recovery...
Sentara Healthcare joins list of firms exiting sector
By
Amy Novotney
Aug 19, 2020
Virginia-based Sentara Healthcare is selling all seven of its skilled nursing and senior living communities to Saber Health Group, an Ohio-based senior living and care organization with more than 120 facilities...
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Business briefs for Monday, June 15
Jun 15, 2020
New Jersey firm spends $45M for group of Florida nursing homes, assisted living facilities … Louisiana “aging in place” seniors housing development received $10M in PRIME funding … Gurwin Healthcare...
NIC panelists remain bullish, despite COVID-19
By
Amy Novotney
Jun 05, 2020
Although COVID-19 continues to hit the seniors housing industry hard in terms of increased operational expenses, most investors and capital providers still believe the sector is likely to withstand the...