“LTC deals led healthcare transactions for July,” by Emily Mongan, McKnight’s LTC News
“Long-term care facilities dominated healthcare transactions compared to other sectors in terms of deal volume in July, according to a new update. . . . The trend is showing no signs of slowing down, Gary Herschman, an attorney with the firm Epstein Becker & Green, told Bloomberg. ‘As the baby boomers move into their 60s and 70s, investment continues in the long-term care sector, which expects a corresponding growth in demand for services in the near future,’ Herschman said.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Too bad ways to pay for long-term care are not expanding at a pace to keep up with places to receive care.
LTC deals led healthcare transactions for July