Nursing home evacuees still living in NYC high school
By
McKnight's Staff
Nov 15, 2012
Students returned to classes Wednesday at a New York City high school where more than 200 nursing home evacuees still reside.
CIT arranges revolving credit facility for Ernest Health
Nov 14, 2012
CIT Healthcare has arranged a $20 million senior secured asset-based revolving credit facility for Ernest Health, Inc., one of the nation’s leading operators of inpatient rehabilitation and long-term...
Two providers receive prison time, fines for Medicare/Medicaid fraud
By
McKnight's Staff
Nov 08, 2012
The cases involve $7.7 million in false claims in Washington, D.C., and a 15-month prison sentence for a Florida assisted living owner who sent patients to fraudulent mental health providers.
Assisted living operators caught in $63 million mental health billing scam
By
McKnight's Staff
Nov 01, 2012
A pair of Miami-area assisted living facility owners are the latest to be caught in an alleged $63 billion Medicare and Medicaid billing scam, federal authorities say. Ivon Perez and Raymond Rivero admitted...
Experts: Sector on rebound, managed care growth likely
By
Elizabeth Newman
Nov 02, 2012
Seniors housing continues a comeback, but operators need to be prepared for the expanding role of managed care, experts said during the National Investment Center for the Seniors Housing & Care Industry...
Wound care: Not open and shut
By
Julie Williamson
Nov 01, 2012
Wound care treatment requires far more than a one-size-fits all approach. Here, front-line experts share some hard-won insights for optimal care
PointRight teaming up with McKesson
By
McKnight's Staff
Nov 01, 2012
McKesson Medical-Surgical Minnesota Supply Inc. and PointRight Inc. recently announced an agreement to bring analytics and solutions aimed at reducing readmissions to the long-term care sector.
Sector growth draws interest
By
John O'Connor
Nov 01, 2012
Unlike other real estate options, seniors housing continued to grow throughout the Great Recession.
McKesson picks up PSS World Medical for $2.1 billion
Oct 30, 2012
McKesson Corp., the largest U.S. drug distributor, recently agreed to purchase PSS World Medical Inc. for about $2.1 billion. The acquisition will allow McKesson to deliver medical products to long-term...
PointRight launches new survey tool for skilled care facilities
Oct 24, 2012
PointRight Inc. recently launched Survey Insights, an analytics-driven tool that skilled nursing facilities can use to better prepare for inspections.