BEI suitor files complaint to new nursing home bill
By
Haymarket Media
Mar 15, 2005
Formation Capital LLC, a bidder for BEI, the Fort Smith, AR-based nursing home chain, filed a complaint this week in response to a bill in the Arkansas legislature that would help protect nursing home...
Save the date: McKnight’s Fall Online Expo is back Sept. 22
By
Sep 06, 2016
It’s back and better than ever: McKnight’s is proud to announce its Fall Online Expo will return for a fourth year on Sept. 22.
Assisted living facility to pay $42,500 settlement in EEOC suit
By
Aug 10, 2015
A Michigan assisted living group will pay more than $42,000 to settle a disability discrimination lawsuit alleging it fired an employee with epilepsy.
Judge dismisses HIPAA claims arising from Omnicell laptop theft
By
Tim Mullaney
Jan 06, 2014
Individuals do not have the right to sue healthcare providers under the Health Insurance Portability and Accountability Act simply because their personal information was compromised, a federal judge recently...
CMS unveils new settlement option for clearing Medicare appeals
By
Marty Stempniak
May 29, 2018
Starting next month, providers will have a quicker option for resolving Medicare appeals disputes. The Centers for Medicare & Medicaid Services will begin offering streamlined settlements based on preliminary...
Formation strikes gold with $1.7B Genesis buy
By
Liza Berger
Feb 07, 2007
Private equity firms continue to wheel and deal in the long-term care sector.
A joint venture of Formation Capital LLC and JER Partners last month announced the purchase of Genesis HealthCare Corp., the...
BEI management contemplates joining others to run chain
By
Haymarket Media
Apr 22, 2005
The management of BEI may consider combining forces with another company to control the nursing home chain, the CEO of the Fort Smith-based company said Thursday.
Dementia drugs linked to death, FDA says
By
Haymarket Media
Apr 13, 2005
Antipsychotic medications for dementia could cause premature deaths, federal drug regulators said this week.
Average cost of skilled nursing beds rises by 40% in 2004
By
Haymarket Media
Mar 30, 2005
The average price per skilled nursing bed last year soared by more than 40%, to $44,600 per bed. That followed a 17% drop in the price per bed in 2003, according to an industry newsletter.
NeighborCare’s board unanimously rejected another hostile $1.5 billion takeover bid from rival Omnicare, Inc, citing the deal as “blatantly opportunistic” and not in the best interest...