Record merger, acquisition activity persists in senior living and care
By
Kimberly Bonvissuto
Jul 21, 2023
As 2023 passes the halfway mark, not-for-profit senior living and care merger and acquisition activity continues at a record pace, according to specialty investment bank Ziegler.
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
OSHA announces final rule that could mean additional reporting for providers in January
By
Kathleen Steele Gaivin
Jul 18, 2023
The Department of Labor on Monday announced the final version of a rule that could mean additional reporting requirements for some senior living and nursing home providers starting in January.
CCRC salaries soaring: Nurses still in hottest demand but raises for all moderating
By
James M. Berklan
Jul 11, 2023
Employees at continuing care retirement communities once again enjoyed healthy salary increases, but the fury of their rise tapered in 2023.
Business briefs, July 11
By
Kathleen Steele Gaivin
Jul 11, 2023
CCRC salaries soaring: Nurses still in hottest demand but raises for all moderating … Unemployment rate sees little change at 3.8% in June: BLS … CA Supreme Court backs employers in ‘take-home’...
New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...
Lack of diversity in CCRCs warrants industry-wide conversation: report
By
Kimberly Bonvissuto
Jun 20, 2023
A new report from Mather Institute is a call to action for an industry-wide conversation on the lack of diversity in continuing care retirement / life plan communities.
Entrance-fee CCRCs outpace rental ones in occupancy
By
Kathleen Steele Gaivin
Jun 20, 2023
Continuing care retirement / life plan communities that charge an entrance fee have fared better lately in terms of occupancy than rental communities, according to specialty investment bank Zigler.
More news for Wednesday, June 14
By
Kimberly Bonvissuto
Jun 14, 2023
Diversified Healthcare Trust’s proposed merger with OPI opposed by second shareholder … PSL to assume ownership of PA CCRC … Noncompete agreements would be limited or banned under these two bills...
Not-for-profits need ‘disciplined philanthropy approach,’ experts say
By
Kathleen Steele Gaivin
May 30, 2023
Not-for-profit senior living and care organizations must develop a “disciplined philanthropy approach,” according to a special report from specialty investment bank Ziegler and Marts & Lundy’s.
