Not exact matches
• Wellness Lifestyles, a Canada - based owner and
operator of primary
healthcare facilities and wellness centers, raised $ 7 million in funding.
Earlier this year, Kindred announced plans to coordinate skilled nursing operations with Genesis
HealthCare, one
of the largest
operators of skilled nursing
facilities in the United States.
The two companies were leading
operators of hospitals and other
healthcare facilities in the U.S..
Gemino
Healthcare Finance, a specialty finance company and portfolio company
of Solar Senior Capital Ltd. that is focused on providing senior secured loans to
healthcare service providers, recently funded a $ 6 million senior secured credit
facility on behalf
of an affiliate
of New England senior living
operator, Wingate
Healthcare.
During the late 1990s, when overbuilding led to a string
of bankruptcies, this leeway allowed many
healthcare REITs to gradually find new
operators for these
facilities rather than evict the current ones.