Closure of historic nursing home reflects sector’s increasing infrastructure problems
By
Kimberly Marselas
May 20, 2024
An unsuccessful, years-long bid to find a partner willing to finance needed capital improvements or help redevelop a historic nonprofit nursing home in South Boston will lead to its closure this summer.
Real estate ownership, clinical prowess fuel growth at Touchstone Communities
By
Kimberly Marselas
May 30, 2024
For the eight years that she led operations at Diversicare, Leslie Campbell was all-too-aware of the impact triple-net leases and rent escalation had on the public company’s facilities.
With right capital, PACS looks to solidify ‘legacy’ with 53-facility deal
By
Kimberly Marselas
May 24, 2024
Six weeks after going public, long-term care provider PACS Group announced Thursday it was expanding by nearly 25%, adding 53 skilled nursing and assisted living facilities in the Northwest.