Large real estate investment trusts are looking to get out of the skilled nursing sector, according to the Wall Street Journal.
Kindred repositions services to guarantee future growth
By
Tim Mullaney
Dec 01, 2013
Kindred Healthcare, one of the nation’s largest long-term care operators, has completed the first phase of a repositioning plan and is entering a period of growth, company leaders recently announced.
Omega closes $525M deal
By
Tim Mullaney
Jan 01, 2014
Omega Healthcare Investors closed a $525 million deal to acquire 55 skilled nursing facilities.
AdCare hires new CFO, mulls moves after financial errors
By
Tim Mullaney
Jun 01, 2013
A turbulent spring at AdCare Health Systems Inc. included ongoing fallout from accounting errors that led to the appointment of a new chief financial officer, as well as a potential change in majority...
Extendicare mulls sell-off of U.S. operations amid decline
By
Tim Mullaney
Jul 01, 2013
Extendicare, a major North American long-term care operator, may sell off its 158 U.S. facilities before the end of the year. The company’s move to separate its Canadian and U.S. businesses could...
Skilled Healthcare Group CEO to retire as company rebuilds
By
Tim Mullaney
Sep 01, 2013
Boyd Hendrickson, a transformative figure in long-term care while at the helm of Skilled Healthcare Group, will be retiring as the company restructures its balance sheet and administrative services.