Earnings

In long-term care, success can be bad for business

In long-term care, success can be bad for business

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To get an idea of why different fiscal rules seem to apply to the long-term care sector, look no further than Netflix.

Sunrise Senior Living turnaround chief plots new course as company and its acquirer record positive 3rd quarter results

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Mark Ordan, the CEO who has directed Sunrise Senior Living's recovery from near bankruptcy in 2009, will remain as CEO of the company for up to a year after the close of the company's sale to Health Care REIT.

Sun Healthcare reports solid fourth-quarter, annual growth

Sun Healthcare on Wednesday reported "respectable" earnings growth of 7.7% for the fourth quarter of last year and 18.3% for 2009 overall. The nation's sixth-largest skilled nursing provider said Medicare payments for higher acuity residents, as well as upticks in its affiliated hospice and therapy businesses, drove results.