Somerfield at the Heritage Linked to Merger or Acquisition in LevinPro Database
Somerfield at the Heritage has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 900 Heritage Way in Brentwood, Tennessee. It was incorporated on October 30, 2002. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Somerfield at the Heritage in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for... Read More »The Heights of Summerlin Tied to M&A Activity in LevinPro Database
The Heights of Summerlin has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 10550 Park Run Drive in Las Vegas, Nevada. It was incorporated on June 13, 2004. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving The Heights of Summerlin in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information... Read More »Tabitha Nursing Home’s Potential Merger or Acquisition Featured in LevinPro Database
Tabitha Nursing Home has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not-for-profit skilled nursing facility situated at 4720 Randolph St in Lincoln, Nebraska. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Tabitha Nursing Home in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options, go to... Read More »
NHC Responds to NHI
National Healthcare Corporation, the tenant of 32 of National Health Investor’s skilled nursing/senior care facilities and three independent living communities, is disputing NHI’s determination of default after the landlord formally notified the operator that it was in default and must cure the default within 30 days to avoid an Event of Default. NHI notified NHC on July 29 that it was not in compliance with four non-monetary provisions of the master lease and requested it come into compliance by August 29. On August 15, the tenant responded to the landlord stating it believes it was in compliance and requests clarifying information to address alleged potential... Read More »
PACS Gets Trading Period Extension
PACS Group is trying to right the ship as it works to restate its prior financial statements amid an investigation into its Medicare billing practices, and return to providing regular quarterly earnings statements. The New York Stock Exchange Listing Operations Committee did agree to provide PACS with an additional trading period through November 19, 2025, subject to its own ongoing review of the company. PACS is currently working to complete the previously announced restatement of its financial statements for the three months ended March 31, 2024, and the three and six months ended June 30, 2024. It has not submitted earnings reports since the second quarter of 2024. PACS provided a... Read More »Schedule a demo
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