KKR’s $1.4 billion acquisition of PharMerica completed early
By
Dec 08, 2017
The acquisition of long-term care pharmacy PharMerica Corporation by investment firm KKR has been completed slightly ahead of schedule, the companies announced Thursday.
Care for the caregiver
By
John Hall
Dec 06, 2017
There’s an old saying about the road to hell being paved with good intentions.
McKnight’s Technology Awards highlight innovation, dedication and quality of care
By
Elizabeth Newman
Dec 06, 2017
Whether it was reducing hospital readmissions or better tracking of incontinence, striking use of technology to improve resident care characterized the 2017 McKnight’s Excellence in Technology Awards...
Genesis looks to restructure
By
James M. Berklan
Dec 06, 2017
Genesis HealthCare CEO George Hager said the battered nursing home chain hoped to save $54 million per year with new leases — once landlords Welltower Inc. and Sabra Health Care REIT sold their Genesis...
Vitas agrees to record-setting settlement
By
Amy Novotney
Dec 06, 2017
The nation’s largest for-profit hospice provider and its parent company will pay $75 million to settle allegations that it submitted false Medicare claims for hospice services, according to federal...
$20 million loan for wireless monitoring company
Dec 06, 2017
Oxford Finance LLC announced the closing of a $20 million senior secured term loan with VitalConnect Inc. The company, which makes wearable biosensor technology for wireless monitoring, will use the money...
Provider gives nurses from hurricane-hit Puerto Rico a fresh start
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Dec 06, 2017
A North Carolina skilled nursing provider has found a win-win solution for its staffing woes by offering jobs to nurses struggling to find work in Puerto Rico following Hurricane Maria.
Oral liquid of spironolactone available
Nov 29, 2017
CMP Pharma announced its CaroSpir is the first FDA-approved oral liquid dosage form of the potassium-sparing diuretic spironolactone.
Technology company and Kisco Senior Living announce agreement
Nov 29, 2017
Kisco Senior Living will use K4Connect’s K4Community in 16 of its communities, the provider said.
Court allows SNF to sue state over refusal to pay Medicaid bills
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Nov 28, 2017
A North Carolina skilled nursing facility will be allowed to pursue a case against the state’s Medicaid agency after it denied payment for residents who couldn’t pay their share of their bill...