Facilities are aging along with their residents, prompting operators to fund remodeling aimed at restoring their youth.
State News for May 2015
May 08, 2015
ILLINOIS — The state’s House of Representatives will soon debate a new bill that would allow nursing home residents and their families to place video or audio monitoring devices in facility rooms.
Nurses union to FDA: Mask decontamination never should have been OK’d
By
Alicia Lasek
Jan 29, 2021
The reuse of N95 respirators and other single-use PPE is unsafe, according to the lead hygienist of National Nurses United. The union is heartened by President Joe Biden’s promise to use the Defense...
CenterLight names first CIO
Mar 13, 2013
CenterLight Health System has hired William C. Pelzar as the organization’s first chief information officer.
High-priority nursing home complaints likely to come under regulators’ spotlight quicker following...
By
Danielle Brown
Oct 22, 2019
The federal government and state survey agencies will likely place a heightened emphasis on high-priority complaints in nursing facilities and how soon they’re investigated based on newly released data...
Study: Cost of developing a new drug tops $1.1 billion
Dec 26, 2012
Much has been written about the high cost of drugs. Less has been publicized about how much it costs to get medications to market. Such costs topped $1.1 billion in the 2011-2012 season, according to a...
Corporate finance group named top lead arranger
Jan 10, 2018
Capital One Healthcare’s Corporate Finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, per Thomson Reuters.
GE’s healthcare financing up 20%
By
John O'Connor
Jan 21, 2015
GE Capital’s Healthcare Financial Services (HFS) business provided more than $10.5 billion in financing to customers across more than 240 transactions in 2014, an increase of 20% from the prior year.
Current COVID-19 testing requirements and costs ‘unsustainable,’ LTC operator warns
By
Danielle Brown
Sep 10, 2020
Even with additional testing resources from the federal government, nursing home operators say current costs combined with new surveillance requirements are unsustainable.
Side-effects deter use of antidepressants
By
Mary Gustafson
Feb 01, 2011
Many American seniors begin taking antidepressants while on medications with contraindications, according to a new study. Because of side effects, many then stop taking the antidepressants.