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...
Welltower expands LTC footprint with UK partnership
By
Danielle Brown
Feb 17, 2022
After exiting its relationship with U.S. long-term care giant Genesis HealthCare, Ohio-based real estate investment trust Welltower now plans to develop the “next generation” of care homes in the United...
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...
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.
Ensign and Welltower drive long-term care to the lead in 2019 deal volume
By
Danielle Brown
Jan 26, 2020
There were more than 1,200 deals within the health services industry in 2019, and long-term care, once again, led the pack for all sectors, according to a PwC report.
Genesis leaves NYSE, charts path toward recovery but more LTC companies may be in danger
By
Danielle Brown
Mar 04, 2021
Genesis HealthCare announced Wednesday it will voluntarily delist its common stock from the New York Stock Exchange as part of a restructuring plan to improve the company’s financial and operational...
CareOne alleges ‘flawed process’ in massive Genesis, Welltower deal
By
Danielle Brown
Apr 27, 2021
A one-time potential suitor is accusing Genesis HealthCare and Welltower of using a “flawed process” to reach an $880 million agreement that led to the real estate investment trust terminating leases...
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...