Senior living performance surpasses expectations, Welltower CEO says … State tax funding long-term care could be gutted in November vote … Nursing home staffing, management strengths tied to delirium...
Hospital chain will own HCR
By
Kimberly Marselas
Jun 08, 2018
Welltower Inc. and hospital operator ProMedica are acquiring Quality Care Properties Inc. for nearly $2 billion in an 80/20 deal. QCP was in the process of purchasing HCR ManorCare, which is emerging from...
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, Jan. 3
By
Kimberly Marselas
Jan 03, 2023
CNA on way home from Buffalo-area nursing home among those killed in Christmas weekend blizzard … Welltower partner Integra assigns ProMedica facilities to 15 regional operators, “evaluating opportunistic...
LTC Properties had its strongest investment year since 2015, company leaders said Thursday, with Chairman and CEO Wendy Simpson touting $170 million in annual investment as proof of a “hard-won positive...
Amid ProMedica ouster, advocates question new operator’s qualifications
By
Kimberly Marselas
Nov 30, 2022
Weeks after Welltower announced it plans to transition its ProMedica portfolio to a new operator, consumer advocates and mainstream media are questioning the track record of the selected firm.