Senior living sector enjoying better credit ratings, access
By
Elizabeth Newman
Sep 01, 2012
Halfway through 2012, senior living providers are having a better time securing credit in order to expand and are seeing better credit rankings.
Nonprofits need to examine core services, says chairman
By
John O'Connor
Dec 01, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet, LeadingAge Chairman David Gehm told association members.
Two major chains anticipate strong earnings during 2011
By
Liza Berger
Feb 01, 2011
Two skilled nursing companies maintained strong earnings outlooks for 2011, citing the new Medicare payment system and overall business growth.
Nursing rates and prices hit historic highs, reports show
By
John O'Connor
May 01, 2014
The rates nursing home charge and the prices they fetch on the market have hit new highs, reports reveal.
BusinessBriefs
Jun 01, 2013
Extendicare Health Services recently completed a $37.7 million portfolio refinancing of six SNFs in the Midwest. Ziegler Financing Corporation closed the transaction.
Operators limp to the end of 2011, consider new methods
By
Elizabeth Newman
Nov 01, 2011
Although major nursing home operators have lowered their 2011 outlooks for investors after factoring in reimbursement cuts, experts say some providers may survive better than others in the long term.
BusinessBriefs
Jul 01, 2013
» Atria Senior Living announced tennis legend Billie Jean King will help develop and promote an active aging program for residents, to decrease the risk of falls and extend active lifestyles.
Business briefs
Mar 02, 2013
Gulf Coast Healthcare, LLC will acquire 25 skilled nursing facilities in Alabama, Mississippi and Florida, using a $168.8 million five-year term loan. After this acquisition, Gulf Coast will operate a...
BusinessBriefs for October 2014
Oct 01, 2014
» Brookdale Senior Living and real estate investment trust HCP have finalized a $1.2 billion joint venture, the firms announced. The new partnership will include 14 continuing care retirement communities...
States spring to action after Skyline misses huge payroll
By
James M. Berklan
May 08, 2018
The Kansas Department of Aging and Disability Services sought emergency powers to take over operations at 15 nursing homes in late March after New Jersey-based Skyline Health Care failed to make payroll....