Sale

Evangelical Lutheran Good Samaritan Society, the nation’s largest nonprofit provider of skilled nursing beds, plans to exit 15 states and reduce its patient and resident count by roughly 30% as it consolidates...

Ongoing financial difficulties and a need for money to settle sexual-abuse cases is forcing the Archdiocese of New Orleans to sell its nursing homes and other elder care interests.

Nursing care bed prices have risen 21% from their pre-pandemic levels, despite a glacially paced occupancy recovery and ongoing stigma against the sector, a noted long-term care analyst reported Tuesday.

The Centers for Medicaid & Medicare Services was trying to stop the pending sale of a bankrupt nursing home chain in Iowa before CMS and the buyers resolved the issues.

he Champaign County Board Tuesday denied the request of the owner of a 243-bed nursing home in central Illinois who asked local officials to remove worker-protection covenants so it can sell the facility...

Illinois’ troubled Champaign County Nursing Home racked up another $200,000 in debt in a single month and was down to its last eight rolls of toilet paper.

A Delaware court has ruled in Kindred Healthcare’s favor, rejecting a lawsuit by a large shareholder on the eve of a scheduled vote on the company’s three-way sale.

Kindred Healthcare has sold off the first batch of skilled nursing facilities as part of its exit from the sector, the company announced on Thursday.

Nursing home operator Skilled Healthcare Group Inc. announced it has hired J.P. Morgan Securities to maximize its stockholder value and explore “strategic options,” including a possible sale.