COVID-19 mutations rapidly popping up … Nearly half of seniors lack online medical accounts: report … CA pauses administration of single lot of Moderna vaccine after possible allergic reactions …...
Omnicare’s third quarter net income increases
By
Haymarket Media
Nov 03, 2004
Omnicare Inc. posted third-quarter net income earnings of $55.9 million, up from $48.8 million a year earlier. The company said the increase was due to acquisitions and increased prescription usage.
Botched Louisiana evacuation brings more federal scrutiny of LTC operators
By
Danielle Brown
Oct 04, 2021
Providers across the country may now be subject to stricter emergency preparedness requirements following a botched evacuation during Hurricane Ida that left 15 Louisiana residents dead.
Clinical briefs for Friday, April 9
By
Alicia Lasek
Apr 09, 2021
Focus shifts to short-stay residents to prevent future COVID-19 outbreaks … U.S. COVID vaccination rates to plateau in April, survey results suggest … U.S. hits COVID shot target; 25% of adults now...
Managed Health Care Associates rolls out CTM software
Mar 18, 2015
Managed Health Care Associates Inc. announced the rollout of its full Clinical Therapy Management patient management software system for pharmacy and infusion providers.
KeyBank Real Estate Capital provides $32 million in financing
Jul 11, 2012
KeyBank Real Estate Capital recently provided $32 million in financing through Fannie Mae for five assisted living and memory care communities across five states.
Omnicare shows second quarter profit
By
McKnight's Staff
Aug 01, 2012
Omnicare Inc. turned a profit in the second quarter, according to a statement from the nursing home pharmacy giant. Omnicare earned $18.7 million, or 17 cents per share, for the three months ended June...
Rehab firm’s overbilling will cost provider $1 million-plus
By
James M. Berklan
Nov 01, 2014
The fallout from a recent spike in rehabilitation charges to government payers continued to make headlines in September. This time, a nursing home company was blamed for insufficient oversight of its contract...
‘Co-opetition’ can promote innovation, LTC leader says
By
Elizabeth Newman
Sep 01, 2013
Cooperative competition or “co-opetition” is largely dormant in the long-term care market, one industry leader said in July.
Presence Life Connections sells two SNFs
Jan 06, 2015
Senior Living Investment Brokerage has represented Presence Life Connections in the sale of two Illinois communities, the firm announced last month. The SNFs were sold for $26.5 million to Health and Home...