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...
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.
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...
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...
ProMedica tackles ‘false’ portrayal of incoming operating partner for 147 sites
By
Joe Bush
Dec 09, 2022
Criticism of a new Welltower skilled nursing operating partnership drove down the real estate investment trust’s stock price Wednesday, but current operator ProMedica said Thursday that a damning report...