After the nursing home industry hit bottom two years ago and the assisted living sector was reaching it, investors, lenders and operators all thought that 2002 would finally be the year when a great number of senior care assets would be redeployed. Lenders would...
Twelve years have passed since 500 industry leaders, investors and lenders gathered in Washington, D.C. for the first NIC Conference. At the time, the nursing home segment was emerging from a difficult period in the late 1980s when Beverly Enterprises (NYSE: BEV)...
One by one, the senior care companies that ran into financial or liquidity difficulties over the past several years have emerged from their troubles and started anew. There are a few companies, most notably Alterra Healthcare (AMEX: ALI) and Integrated Health Services...
The senior care business continues to suffer from the hang-over caused by the excesses of the 1990s. Although just one more aspirin may be necessary to rid the sector of the pains from the past, some people are looking into the future and asking the hard questions....
Once again, the acquisition activity in the past month was dominated by the sale of assisted living facilities, with nine separate sales totaling 27 facilities, compared to three nursing home transactions. Although maybe not so extreme, a similar ratio is expected for...
Is the skilled nursing industry really at the edge of a cliff, waiting to see what happens to Medicare rates in October? Is that really what drove Mike Walker, the CEO of Genesis Health Ventures (NASDAQ: GHVI), to resign from his position at the company he founded,...