Five months after ProMedica acquired HCR ManorCare, the Ohio hospital system’s debt has ballooned. ProMedica’s long-term debts have more than quadrupled since the deal, reaching $1.9 billion at the...
Ventas buy adds payoff
By
John O'Connor
Feb 01, 2015
Ventas has declared a prorated common stock dividend, pending the completion of its American Realty Capital Healthcare Trust purchase.
New sponsor comes to G & E
By
Elizabeth Newman
Jan 03, 2012
The board of real estate investment trust Grubb & Ellis Healthcare Trust voted in November to replace Grubb & Ellis with American Healthcare Investors and Griffin Capital as co-sponsors. It will now be...
Range of providers use extra cash to lure, keep needed staff
By
Danielle Brown
Feb 01, 2022
Long-term care workers in several regions are in line for significant wage increases after employees received pledges of more support from their respective operators.
Brookdale targets new goal: national brand recognition
By
Tim Mullaney
Jan 01, 2014
Brookdale Senior Living is known as one of the largest U.S. assisted living operators, but the Tennessee-based company has ambitious plans to establish itself as the national leader across the whole continuum...
Brookdale encounters a new problem: separation anxiety
By
John Hall
Mar 05, 2015
Embattled Brookdale Senior Living is being asked by a major shareholder to spin off its real estate holdings and revamp its governance board.
Kindred asks shareholders to approve sale to Humana
By
James M. Berklan
Mar 08, 2018
Leaders at Kindred Healthcare have urged shareholders to approve its sale to Humana and two private equity rms. At the same time, the Louisville, KY-based provider informed shareholders that there could...
Sabra Health Care REIT is the latest in a string of real estate investment trusts looking to distance themselves from problematic skilled nursing portfolios.
Faith-based provider forced to sell off 6 nursing homes
By
Tim Mullaney
Oct 01, 2013
Catholic Health Care Services of the Archdiocese of Philadelphia, one of the nation’s largest faith-based long-term care providers, has announced it will sell its six nursing homes and one assisted...
REITs wary of skilled nursing sector woes, report asserts
By
Jul 04, 2016
Real estate investment trusts are becoming increasingly cautious of the pitfalls associated with skilled nursing portfolios, according to a report from Fitch Ratings.