In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Kisco Senior Living Targets Mixed-Use Communities for $160M Pipeline—Recent development by Kisco may be some indication, but the owner-operator-developer has about $160 million worth of development still on the way. Much of the development will target mixed-use, master-planned […]
Brookdale Senior Living
Brookdale Senior Living (NYSE: BKD) and Emeritus Corp. (NYSE: ESC) are one step closer to closing the merger that will make them the largest senior living provider in the nation. The companies announced Thursday that the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, allowing the merger to move forward […]
Brookdale Senior Living (NYSE:BKD) has gone wireless in its Internet capabilities for residents, staff and guests across its portfolio with plans to expand into Emeritus properties post-merger, according to InformationWeek HealthCare. Everything from ordering meals and hair appointments to monitoring physical therapy and electronic health records (EHRs) will be available online to those living and working under […]
People who decide to move into a continuing care retirement community typically don’t regret their decision and report higher satisfaction levels down the road compared to counterparts who opted not to move into a CCRC, new research finds. Two studies jointly funded by LCS and Brookdale Senior Living researched why some people choose not to […]
Costly building improvements is forcing Emeritus Corp. (NYSE: ESC) to close one of its outdated properties in Texas. Emeritus at Vickery Towers, located in the Dallas-Fort Worth area, will close its doors on July 15, according to a statement from Summer Hammerle, regional director of operations at Emeritus. The community was first constructed in 1968, […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week: Brookdale Merger Blasts Open Divide Between Large, Small Providers—No one denies that post-merger Brookdale will be a force for other senior living providers to reckon with, but such a large platform will have its share of challenges. Huge […]
On the heels of the announcement they will be merging in a deal slated to close in the third quarter of 2014, Brookdale Senior Living and Emeritus were ranked as the two largest senior living providers by capacity, respectively, by the Assisted Living Federation of America. In its annual ranking of senior living providers by […]
Assisted living providers looking for ways to grab a piece of the post-acute care pie and simultaneously improve occupancy are exploring short-term care models that function as a private-pay bridge from hospital to home. In the skilled nursing industry, the split between the short-term, Medicare-reimbursed and long-term, Medicaid-reimbursed models is growing. As healthcare reform puts […]
A mega-corporation will form through the planned merger of Brookdale Senior Living and Emeritus, and while both entities expect to achieve significant efficiencies, senior living stakeholders say the challenge will be maintaining operational excellence. The merger will create a senior living giant that further divides the industry into two distinct models: the smaller, regional players […]
If there’s going to be a merger among the “Big 3” healthcare REITs, now’s the time to strike while the proverbial iron is hot, says a recent Bloomberg article. The Big 3 REITs—Ventas, HCP, and Health Care REIT—have played starring roles in many of the past few years’ senior living acquisitions, spending billions on (or with) […]
Subscribe
Receive industry updates and breaking news from SHN