Assisted Living

As PACE Grows, Here’s What Providers Need to Know about Getting Involved in the Model

During the pandemic, some senior care models succeeded, and some didn’t. The Program of All-Inclusive Care for the Elderly (PACE) was one that did. In 2023, PACE enrollment exceeded 70,000 participants and has seen an over 40% growth in enrollment since 2019. Many home-based care providers have already gotten into PACE. The Jacksonville-based Alivia Care […]

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PruittHealth Grows Again with Assisted Living Acquisition in Buckhead

PruittHealth, a family-owned organization for more than 50 years, is expanding its senior living offerings in Georgia with the acquisition of Brighton Gardens of Buckhead. The Norcross-based company is renaming the assisted living community PruittPlace – Buckhead and plans future renovations for the prime Lenox Road location. PruittPlace – Buckhead has room for 112 residents

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Senior Living M&A Thawing as Buyers, Sellers Align Expectations for 2024

In 2023, senior living mergers and acquisitions were challenged thanks to market distress, a wide bid-ask spread and a lack of clarity about the road ahead. That appears to be changing in 2024. For one, many owners of distressed properties are finally out of financial runway and are making tough decisions about what to sell

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Heritage Management Services Expands Portfolio, Assumes Management of Two Area Communities

Heritage Management Services is pleased to announce its newest venture in collaboration with American Healthcare REIT. Beginning March 1, Heritage Management Services will take the reins as the management company for two Omaha-area communities, Ridgewood and Fountain View, totaling 221 apartments. Ridgewood, located in Bennington, NE, has been serving the community for an impressive 12

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Will Growing Pains Hamper PACE?

A program aimed at keeping low-income older adults out of nursing homes is poised for rapid growth over the next 18 months, but could face challenges as it expands into new states and rural communities. Massachusetts, Ohio, New Jersey, Florida, Oregon, Kentucky and Maryland are expanding Programs of All Inclusive Care for the Elderly. Illinois

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