Preliminary results are in the for the first quarter health care merger and acquisition market. Based on publicly announced deals, a total of 198 transactions were reported in Q1:04 in 13 sectors of health care. Although this represents a 15% drop from the 234 deals...
Last month we reported that the average price per unit for assisted living had rebounded by 11% in 2003 from the dismal performance in 2002, a year that saw a nearly 24% plunge in the average price per unit sold. The absence of lenders willing to finance an...
Whenever legislators turn their attention to health care and attempt to reform or even just tweak the laws, providers, payors and everybody in between start to get nervous and put their hands on their wallets. Our readers will recall the ambiguous results of the...
When we did our first-ever audio conference last September that took a look at where the senior care investment market was headed during 2003, we revealed that the average price per bed in the skilled nursing facility market had dropped significantly in the first six...
Hostile bids in the Pharmaceutical sector are rarer than hen’s teeth. So rare in fact that only one comes readily to mind, Pfizer’s (NYSE: PFE) $90 billion acquisition of Warner-Lambert in mid-2000. And even then, what began as a hostile bid in late 1999 turned...
Most of the dollars invested by CNL in 2003 were related to only four deals with a combined purchase price of just over $700 million. Two of the four transactions involved former Marriott Senior Living (MSL) properties now managed by Sunrise Senior Living (NYSE: SRZ);...