Bringing You Senior Care M&A Deals and News
November 7, 2012 Issue:
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Recent Senior Care M&A Deals
Design For Flexibility: New Looks, New Footprints
Webcast Calendar
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Third Quarter Earnings News. Most of the public companies have now reported their third quarter earnings, and while not too bad, we have certainly not been bowled over. The seniors housing companies have mostly been posting small occupancy gains, which was expected, with the exception of Assisted Living Concepts, which was also expected……Read More
CIT Healthcare
CIT Healthcare is committed to helping healthcare companies grow. We offer comprehensive financing solutions and advisory services across the healthcare industry, such as Leverage Finance, Asset-Based Lending, Mergers & Acquisitions, and Healthcare Real Estate Finance. With deep expertise and experience, and a focus on middle market companies, we offer tailored products and advice that meet our clients’ most complex challenges. For more information, visit cit.com/healthcare or call 800-547-7026.
Recent Senior Care M&A Deals
HOME HEALTH CARE
Acquirer
Target
Price
The Halifax Group
Interim Healthcare, Inc.
N/A
LONG TERM CARE
Acquirer
Target
Price
East Coast Operator
InWood Crossing & Harvest Home
$6.75 million
MBK Senior Living
Palisades at Brookmoor Park
$30.5 million
TOMORROW: Interactive Webcast:
Governance: Legal Problems Your Board Can Avoid
Thursday, November 8, 2012, 1:00 pm ET
Is your board good, or is it lucky? Increased litigation against senior living providers and senior care facilities poses a financial risk to those organizations and in certain cases, exposes board members to claims of personal liability. What conduct/actions/decisions are appropriate for board members and what might make them — and the organization — vulnerable? Our panel of experts includes: Deborah Cloud (Moderator), Vice President and Senior Editor, Leading Age; Joseph Hasson, Partner, Ungaretti & Harris LLP; Pamela Kaufmann, Partner, Hanson Bridgett LLP; and Rick Stiffney, President and CEO, Mennonite Health Services Alliance.
Go to http://www.levinassociates.com/conferences/1210b-online-conference or call 800-248-1668 to register.
Design For Flexibility: New Looks, New Footprints
Can we expect a “sea change” in senior living design in the near term? Some architects and designers believe that’s exactly the case. Universal design, state-of-the-art technology, “green” features—even a hospitality-style approach—are already making an impact on senior living design…….Read More
Webcast Calendar…Click here to see more
