Five Star Quality Care Appoints Richard A. Doyle as CFO and Treasurer Senior living and health care services company Five Star Quality Care, Inc. (NYSE: FVE) announced the election of Richard A. Doyle as its chief financial officer and treasurer. He was elected by Five Star’s board of directors. Doyle previously served as chief financial […]
HealthSouth
Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla. Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]
One of the nation’s largest post-acute care providers is getting bigger, as today, HealthSouth Corporation (NYSE: HLS) entered into a definitive agreement to acquire the operations of Reliant Hospital Partners, LLC for a cash purchase price of $730 million. HealthSouth offers both facility-based and home-based post-acute care services in 33 states and Puerto Rico via […]
The number of home health mergers and acquisitions dipped to start 2015, but valuations are up and more types of buyers are vying for deals than in recent years — including senior living and long-term care players. “In the last three years, we’ve seen the long-term care companies come in,” says Mark Kulik, managing director at The […]
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