Demographies and revenues make Alzheimer’s care a growth industry with varied models.
Canadian REIT purchases U.S. nursing homes for $100 million
By
Haymarket Media
Mar 09, 2006
Retirement Residences Real Estate Investment Trust has agreed to pay nearly $100 million for seven nursing homes in New Jersey.
Beverly buyer to mull possible acquisition of Extendicare
By
Haymarket Media
Feb 24, 2006
Could a new nursing home mega-chain be in the making? Fresh off his acquisition of Beverly Enterprises Inc., the president and CEO of Fillmore Capital Partners LLC said he will be looking into a possible...
New details emerge in grisly bus explosion
By
Haymarket Media
Feb 22, 2006
The National Transportation Safety Board has revealed more details about a grisly bus explosion that killed 23 people last year. The accident occurred as residents and staff from an assisted living facility...
Officials: Hypothermia claims lives about 300 elderly a year
By
Haymarket Media
Feb 17, 2006
Half of the nearly 600 Americans who die from hypothermia each year are age 65 or older, according to a report from the National Institutes of Health and statistics from the Centers for Disease Control...
Beverly sale to Fillmore sails by in Tuesday’s shareholder vote
By
Haymarket Media
Feb 15, 2006
Beverly Enterprises Inc. shareholders voted overwhelmingly Tuesday to approve the sale of the company to privately held Pearl Senior Care Inc., an affiliate of Fillmore Capital Partners LLC.
Salary survey: LTC administrator averages $77,300
By
Haymarket Media
Feb 14, 2006
A long-term care facility administrator can expect to earn an average annual salary of $77,300, though average pay can be as much as $110,000 per year, depending on the size and location of the facility,...
California nursing home owner found guilty of withholding $3 million in taxes
By
Haymarket Media
Feb 14, 2006
A nursing home owner in San Francisco was found guilty of failing to pay more than $3 million in employee taxes to the IRS.
Beverly shareholders vote on Fillmore sale
By
Liza Berger
Feb 09, 2006
Shareholders of Beverly Enterprises Inc. will vote on Valentine’s Day whether to approve the sale of the long-term care company to Fillmore Capital Partners LLC.
Finance Feature: Re-raising the roof
By
John Andrews
Feb 08, 2006
Facilities are aging along with their residents, prompting operators to fund remodeling aimed at restoring their youth.