New developments buffeting wound company acquisition
By
John O'Connor
Nov 01, 2011
Apax Partners’ planned $6.3 billion leveraged buyout of wound firm Kinetic Concepts Inc. hit another bump at press time. The latest challenge: a debt crisis in Europe is causing havoc with credit...
ArchCare to pay $3.5M to settle rehab billing complaint
By
John Hall
Mar 03, 2015
A New York nursing home chain agreed Monday to pay $3.5 million to settle government allegations it failed to prevent a rehab subcontractor from overbilling Medicare for therapy.
LeadingAge and NewCourtland announce Innovations fund grant recipients
Nov 05, 2013
LeadingAge and NewCourtland have selected recipients for a second round of grants through the Innovations Fund, which promotes nonprofit providers with ideas that benefit residents or the community. Seven...
Sunrise granted more time to pay off bank loans
Oct 23, 2009
Sunrise Senior Living Inc. has received a one-year extension on an expiring credit line. That gives the company until December of 2010 to pay off $62.9 million in bank loans.
Team spirit is for the birds
By
Foster Stubbs
Feb 15, 2023
The Philadelphia Eagles may not have won the Super Bowl but it certainly wasn’t due to a lack of support from their fans at Phoebe Allentown Healthcare Center. Before the big game on Sunday, Allentown...
State News
Dec 01, 2013
NORTH CAROLINA — A citizen advocacy group called the N.C. Senior Tar Heel Legislature wants state lawmakers to address the number of certified nursing assistants in long-term care facilities.
Suicide prevention resource released
Jun 24, 2015
The Suicide Prevention Resource Center has released a guide called Caring for Adult Patients with Suicide Risk: A Consensus Guide for Emergency Departments to help healthcare professionals.
Release of new EMAR
By
Elizabeth Newman
Jul 17, 2013
Optimus EMR has released its second generation EMAR, a module for patient care used constantly for medication delivery and related activities.
Long-term care hospital operators benefit from CMS payment reduction phase-in
By
McKnight's Staff
Apr 26, 2012
Two major long-term care hospital operators saw their stocks rise upon news that planned payment cuts will be phased in over time.
Government releases Alzheimer’s taskforce plan
Jan 10, 2012
The National Institutes of Health would be required to collaborate with the Department of Health and Human Services and other federal agencies on Alzheimer’s disease-related issues, according to...