Capital Senior Living Reportedly Rejected Multiple Bids from TPG

Capital Senior Living (NYSE: CSU) rejected several acquisition overtures from private equity firm TPG during recent months, Bloomberg reported Friday. Bloomberg cited unnamed sources with knowledge of the matter. TPG and Capital Senior Living declined to comment for this article. Shares of Capital Senior Living were up 19.44% as of mid-day Friday, trading at $4.30 […]

Fitbit Takes Aim at Chronic Conditions With New Health Care Platform

Hot on the heels of Apple’s recent play for seniors, wearable-technology company Fitbit (NYSE: FIT) is intensifying its efforts to prevent and manage certain chronic diseases. San Francisco-based Fitbit announced Wednesday the launch of Fitbit Care, a platform that combines health coaching and virtual care with Fitbit’s wearable devices to deliver personalized interventions. Though the […]

Top Senior Housing Trends in 2018

Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]

Kindred Healthcare Sold in $4.1 Billion Deal

Kindred Healthcare (NYSE: KND) on Tuesday announced a definitive agreement to be acquired by a consortium of three companies—Humana Inc. (NYSE: HUM); TPG Capital; and Welsh, Carson, Anderson & Stowe (WCAS)—for about $4.1 billion in cash. The deal is anticipated to close during the summer of 2018, pending certain closing conditions and agreements among stakeholders. Ventas […]

Kindred Rumored to Be in Advanced Sale Talks

The nation’s largest home health care provider, Kindred Healthcare (NYSE: KND), is in advanced talks to be purchased by insurance giant Humana Inc. (NYSE: HUM) and two private equity firms, including global private investment firm TPG, the Wall Street Journal reported on Sunday. Under terms of the rumored deal, private equity firms TPG and Welsh, Carson, Anderson […]

Senior Care CEOs Unite to Push Louisville as Aging Hub

On the heels of opening the doors to the senior care industry’s first-ever technology innovation hub, in Louisville, Kentucky, there’s another push to put the city at the forefront of the aging services industry. Some of the health care leaders involved with the Thrive Center for innovation are banding together with other CEOs in the city. […]