The Sector Gears Up for Growth in 2013 Dealmaking in the behavioral health care sector has picked up in recent years, thanks to a number of factors and despite a few others. Last year, we recorded 17 transactions, up slightly from 15 deals announced in 2011. Four...
FOR IMMEDIATE RELEASE Stephen M. Monroe, Editor 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com NORWALK, CT – February 14, 2013 – Irving Levin Associates, Inc. will be hosting an important webcast to address the senior care merger...
House Speaker John Boehner has appointed Stephen Guillard to the newly created Commission to address challenges facing the long-term care sector, including issues with Medicare and Medicaid as the population ages. Guillard recently retired from HCR Manor Care and has...
Skilled Healthcare Group was the first of the skilled nursing companies to report earnings, and it did not set a good tone. Year-over-year, occupancy was down but worse, the quality mix revenues was down 140 basis points from a year ago. It is still high, at 69.4%,...
Brookdale was the first seniors housing company to report fourth quarter earnings, and investors liked what they saw, sending the shares up by $1.40 per share, or 5.6%, after the earnings call. Seniors housing occupancy was up 70 basis points from the third quarter...
Focus Healthcare Partners, and its joint venture partner Artemis Real Estate Partners, has teamed up with Chelsea Senior Living to pay $7.1 million for an 117-unit assisted living and memory care community in New Jersey. The price, at $60,700 per unit, was quite low,...