Retirement News : Seniors : Nursing-Home Chain Sees Green In America's Graying

Nursing-Home Chain Sees Green In America's Graying

Date Added: 26-10-2005

Tandem Health Care is on the move to capture the baby boom market.  Read the excerpt below.

Investor's Business Daily - USA

10/24/2005

Tandem Health Care, which filed to go public on Oct. 7, promises to be the first nursing-home chain to hit the market in quite a while.

The last entrant in the field was Five Star Quality Care, (FVE) which debuted at the tail end of 2001.

The lack of initial public offerings hasn't meant a lack of action, however. Stocks in the sector have been on a huge run the last two-and-a-half years, as the industry has rebuilt itself from a crash that bottomed out in 2000.

Tandem survived despite being founded in 1997 — the year before changes in Medicare laws brought on the industry's crisis.

Long-term trends still favor the business.

Read the entire article:

http://www.investors.com/editorial/IBDArticles.asp?artsec=26&issue=20051024