Welltower Inc. and hospital operator ProMedica are acquiring Quality Care Properties Inc. for nearly $2 billion, in an 80/20 deal the companies announced late Wednesday. QCP is currently in the ...
PHOENIX — Arizona voters will now decide on a ballot measure that would allow local law enforcement to arrest people suspected of illegally crossing the border and local judges to issue deportation ...
The Carlyle Group is letting go of HCR ManorCare after learning the nursing home chain defaulted on $380 million in senior loans, according to the New York Post. In a move that would avoid bankruptcy ...
(Reuters) - The second-largest U.S. nursing home operator, HCR ManorCare, will file for Chapter 11 protection in the coming days and transfer ownership to its landlord, Quality Care Properties Inc , ...
Six weeks after entering Chapter 11 bankruptcy, HCR ManorCare has won federal approval for its exit strategy. U.S. Bankruptcy Judge Kevin Gross approved the $7.1 billion bankruptcy plan and a ...
The joint venture with WellTower is being hailed as a 'first-of-its-kind partnership' and it gives not-for-profit ProMedica immediate scale in the fast-growing home health and post-acute care markets.
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