Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
Business briefs, April 16
By
Kathleen Steele Gaivin
Apr 16, 2024
US News Best Senior Living program grows to recognize 1,703 communities in third year … CareTrust REIT awarded ISS ESG ‘prime’ status for 2024 … Woodlands Senior Living earns assisted living...
Business briefs, April 11
By
Kathleen Steele Gaivin
Apr 11, 2024
Consumer Price Index increases by 0.4% … New group to advocate for retirement-related public policies … Fitch Ratings affirms Asbury Maryland at BBB; outlook stable
Older adults’ net worth surges following pandemic
By
Kathleen Steele Gaivin
Mar 13, 2024
Home and stock prices have increased substantially since the COVID-19 pandemic, resulting in a $91,000 median increase in net worth between 2019 and 2022 for households headed by someone aged 65 or more...
Americans have third largest pension income among retirees in 44 countries studied
By
Kathleen Steele Gaivin
May 02, 2022
Retirees in the United States, on average, have the third highest monthly pension income in the world, according to an analysis of retirement benefits in 44 countries by shopping platform Picodi.
Medical costs expected to increase 7 percent in 2024: survey
By
Kathleen Steele Gaivin
Jul 05, 2023
PwC’s Health Research Institute is projecting a 7% year-over-year medical cost increase in 2024. The projected medical cost trend in 2022 and 2023 was 5.5% and 6%, respectively.
Nasdaq Stock Market has issued a warning to Newton, MA-based Diversified Healthcare Trust that it must boost its stock price above $1 per share or face delisting, the real estate investment trust announced...
AllyAlign Health, NEA partner to expand value-based care model
By
Kathleen Steele Gaivin
Jun 11, 2021
AllyAlign Health plans to expand its clinical and technical footprint with a recent investment from venture capital firm New Enterprise Associates.
Ensign Group’s future is ‘brighter than ever,’ CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
The Ensign Group’s near-term and long-term future is “brighter than ever,” CEO Barry Port said during Tuesday’s second-quarter earnings call.
Healthpeak Properties announced Monday that it has closed a new $3 billion senior unsecured revolving credit facility, which increases Healthpeak’s total revolving commitments from $2.5 billion to $3...