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,...
With Cheaper Capital Elsewhere, Providers Shun IPOs After the performance of the public markets for seniors housing last year, and the first month of 2013, you will be forgiven for thinking we have lost our minds with the statement that seniors housing and care...
Despite Dollar Volume Drop, Deal Volume Increases With the presidential election last year, plus all the uncertainty surrounding the fiscal cliff and the federal debt limit, one could have expected the overall health care M&A market to be slower than usual. The...