Kindred Healthcare and the University of Louisville announced a healthcare technology partnership.
Nearly three dozen Preferred Care Group facilities file for bankruptcy
By
Nov 15, 2017
Thirty-three Preferred Care Group-affiliated nursing homes filed for bankruptcy on Monday, citing costly ongoing negligence and personal injury litigation against the provider.
PharMerica shareholders approve merger
Nov 15, 2017
PharMerica Corporation said this week the majority of outstanding shares of PharMerica common stock voted to approve the adoption a merger.
Summit Healthcare REIT buys six facilities
Nov 15, 2017
Summit Healthcare REIT Inc. bought six skilled nursing, assisted living and independent living facilities in Iowa on Nov. 8.
Genesis expects to save $54 million after restructuring, but future unclear
By
Elizabeth Newman
Nov 12, 2017
Genesis HealthCare hopes to return to form after restructuring some of its leases, according to an investor conference call last week, but the company said in a government filing that bankruptcy is not...
Ensign Group acquires hospice and home care company in Oklahoma
Nov 08, 2017
The Ensign Group’s home health and hospice portfolio subsidiary, Cornerstone Healthcare Inc., has acquired the assets of Excell Home Care and Hospice and Excell Private Care Services in Oklahoma...
Humana sells long-term care insurance business
Nov 08, 2017
Humana Inc. announced it will sell stock of its subsidiary, KMB American Corporation, to Continental General Insurance Company.
Provider loses appeal in $4 million overpayment case involving statistical sampling
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Nov 08, 2017
An Oklahoma-based home healthcare provider will have to return millions in overpayments to Medicare after a judge upheld the use of the controversial statistical sampling method in the case against it.
Don’t look ‘over there’ to fix staffing over here
By
James M. Berklan
Nov 06, 2017
Whether you’re Republican, Democrat or independent, you might do well to listen to Newt Gingrich, the former House Speaker.
Worth the risk
By
Kimberly Marselas
Nov 06, 2017
Owners and operators of long-term care facilities can entice increasingly discerning financial partners into niche projects — if they go about it the right way