After sinking $400M into skilled care, Welltower exec says more ‘creative’ opportunities in the pipeline
By
Kimberly Marselas
Nov 01, 2023
Welltower has spent more than $400 million on long-term and post-acute care investments so far in 2023, while also experiencing a 5.3% increase in net operating income across such properties it has held...
Also in the News for Tuesday, Oct. 6
Oct 06, 2020
Welltower appoints new CEO, announces sale of three portfolios … Wisconsin investigating at least 145 nursing homes for COVID-19 cases … Supreme Court refuses to hear Hollywood Hills nursing home’s...
New device diagnoses dry eye
May 31, 2016
I-MED Pharma Inc. has launched its new medical device, the i-PEN, for diagnosis of dry eye disease.
EHOB announces distribution agreement for pillow barrier
Dec 02, 2014
EHOB has announced a distribution agreement with TIDI Products in order to sell the TIDIShield Pillow Barrier.
The Centers for Disease Control and Prevention, the U.S. Food and Drug Administration and the National Institutes of Health recently announced a public health action plan targeted at antimicrobial resistance.
Kindred, RehabCare settle False Claims allegations for $125 million
By
Jan 13, 2016
Kindred Healthcare Inc. and its subsidiary RehabCare Group Inc. have agreed to pay $125 million to settle a whistleblower lawsuit on Medicare therapy claim overbilling.
Welltower dumping most Genesis HealthCare holdings in $880 million deal, strengthens ProMedica joint...
By
Danielle Brown
Mar 03, 2021
Welltower is cutting most ties with beleaguered Genesis HealthCare, the company announced late Tuesday.
Memory care facilities purchased
May 25, 2016
National Health Investors Inc. has exercised its purchase option to acquire five assisted living and memory care facilities owned and operated by Bickford Senior Living for $87.5 million.
Investment firm adds Ventas shares
May 25, 2016
Pettyjohn Wood White Inc added 19,765 additional shares in Ventas during the most recent quarter end, the firm said in a disclosure report filed with the SEC this month.
Care transition company acquired
Apr 19, 2016
Cardinal Health’s naviHealth Inc. has announced plans to buy Curaspan Health Group. The deal is expected to close by the end of June.