» Senior Living Investment Brokerage coordinated the sale of two Tennessee skilled nursing communities in December. The communities have a total of 176 beds and are located in Mount Pleasant and Lenoir...
Manor Care prepping for a sale?
By
Haymarket Media
Apr 12, 2007
The nation’s largest nursing home chain plans to retain investment bank JPMorgan. Manor Care Inc. said the move will help it make better strategic moves in the months ahead. Analysts noted that Manor...
September Business Briefs
Sep 01, 2020
Monticello provided $14 million in first lien debt financing for a Wisconsin skilled nursing facility portfolio, the lender announced in August. The financing will be used to refinance two SNFs and acquire...
Nursing home resident attacks staff member with spray meant for aggressive bears
By
Kimberly Marselas
May 24, 2018
Officials say a resident at a New Hampshire nursing home sent an employee to the hospital by spraying her with a product usually reserved for combative bears.
Alleged gun-toting clown indicted
By
McKnight's Staff
Jun 20, 2012
The latest act in an ongoing circus around a gun-toting clown who robbed a nursing home played out in federal court Tuesday.
State News for October 2017
Oct 06, 2017
At least nine residents of a Florida nursing home died after their facility lost air conditioning following Hurricane Irma, authorities said in mid-September.
Big future ahead for sub-acute healthcare providers offering continuum of care, researchers predict
Apr 19, 2011
The market for long-term care services is likely to grow at a rate of 5% to 6% per year, a new study finds. Healthcare market research publisher Kalorama estimates the long-term care market in 2010 was...
Union strikes deal for $15 nursing home wage
By
Nov 13, 2015
Connecticut’s largest union of healthcare workers has reached a tentative agreement to raise the minimum wage in several of the state’s nursing homes to $15 per hour.
Sabra expects skilled care occupancy rebound in 2019, though mom and pops may face some struggles
By
Marty Stempniak
Aug 10, 2018
While occupancy of its skilled nursing properties might not be quite up to snuff, a CEO of one of the field’s top operators says we may be reaching bottom, with a much brighter 2019 on tap.
Pullout from AHCA still ‘on,’ group says
By
James M. Berklan
Dec 17, 2005
Even though the American Health Care Association elected three leaders from a rival organization to its newly created 15-member Board of Governors, a withdrawal from the AHCA is still “on,”...