Smith & Nephew announced the closing of the acquisition of privately-held Kalypto Medical Inc. The acquisition helps bolster Smith & Nephew’s Negative Pressure Wound Therapy portfolio. Kalypto Medical...
Webinar targets hospital readmissions
May 09, 2012
WoundRounds and PointRight Inc. jointly announced they are sponsoring a free webinar, “Lowering Your Rehospitalization Rates: Talking the Talk and Walking the Walk.” The event will be held...
New initiatives needed to build skilled caregiver workforce
By
Alice Vestergaard, Ed.D
May 05, 2012
The aging of the American population and the healthcare issues that go with it are creating a demographic earthquake that will shake our current system of healthcare to the core. We are on our way to becoming...
Oops! Owner sues contractor over missing showers in assisted living facility
By
McKnight's Staff
May 03, 2012
The owner of a Southern Illinois assisted living facility is suing its architect and civil engineers for allegedly violating several construction codes when building the community.
Senators: Recovery audit contractors might be doubling up tasks; campaign against fraud gears up
By
McKnight's Staff
May 03, 2012
Members of the Senate Finance Committee say they are concerned that the functions completed by independent contractors — known as recovery audit contractors (RACs) and Zone Program Integrity Contractors...
Nursing home workers sue over insurance
By
Elizabeth Newman
May 01, 2012
Two former nursing home employees may be headed to trial over what they say is their previous employer’s failure to pay into a group health plan.
Improving economy will help senior living field, expert says
By
Elizabeth Newman
May 01, 2012
Senior living operators should be cautiously optimistic due to the rebounding economy and increased consumer confidence, a lead economist said in March.
How to do it… Finance
May 01, 2012
Obtaining capital to keep one’s long-term care operation running smoothly and improving is always a challenge. But there are times when an operator should consider going in the other direction — exiting...
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.
CMS issues final rule on provider identification number
By
McKnight's Staff
Apr 25, 2012
Providers and suppliers who submit claims to Medicaid and Medicare must include an identification number on enrollment applications and payment claims, according to a final rule.