Genesis, Skilled Healthcare merger to create huge long-term care provider with more than 500 facilities
By
Tim Mullaney
Aug 20, 2014
Genesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, the providers announced Tuesday.
Kindred earnings rise 30% in fourth quarter
Feb 23, 2009
Despite the general economic gloom at the end of 2008, Kindred Healthcare Inc. ended the year strong. Net income rose by 30% in the fourth quarter compared with the same quarter a year earlier.
Sunrise NYSE delisting may be imminent
Mar 19, 2008
Sunrise Senior Living Inc., the largest assisted living chain in the United States, faces a delisting from the New York Stock Exchange after missing a deadline to file an earnings report.
BEI auction moves to second round of bidding
By
Haymarket Media
May 19, 2005
Beverly Enterprises Inc., the largest nursing home chain in the country, is moving on to a second round of bidding after putting itself up for auction, according to chairman and CEO William R. Floyd.
Earwax impaction product released
Jan 18, 2017
Eosera has introduced Earwax MD, a product that helps clear ears of earwax impaction.
CodeSmart releases new reference tool
Feb 25, 2014
CodeSmart Holdings Inc. is launching the CDI Smart™ Software and Smart Code™ Reference Tool during the HIMSS 2014 Annual Conference this week in Orlando, FL.
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...
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...
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.