Assisted living manager pleads guilty to a Medicare fraud and kickback scheme
Nov 18, 2011
In the latest fallout from a massive Medicare fraud kickback scheme in Florida, an assisted living manager has admitted he referred residents in exchange for money.
Stocks of nursing home REITs drop; analysts blame investor ‘over-reaction’
Nov 17, 2011
Stocks of the real estate investment trusts that serve nursing homes have been on a downward slide since July’s announcement of a $3.87 billion cut in Medicare reimbursements.
Partnership gives PointRight access to California providers
Nov 15, 2011
PointRight Inc. announced a partnership with the California Association of Health Facilities. This collaboration will give CAHF members access to data analytics. PointRight will gain exposure to operators...
Here’s how you can effectively schedule rehab
By
Shelly Mesure, MS, OTR/L
Nov 14, 2011
When the Centers for Medicare & Medicaid Services implemented its latest rounds of new and stricter regulations, the groan was heard throughout nursing homes across the country. But, I have good news:...
HCP agrees to $125 million settlement with Ventas
Nov 10, 2011
HCP Inc. will pay $125 million to settle a lawsuit filed by fellow real estate investment trust Ventas, on top of HCP’s recent $102.8 million payment to Ventas for compensatory damages.
How to make your nursing facility RAC-ready
By
Bryan Baird
Nov 08, 2011
As skilled nursing facilities adjust to the changes to Medicare that arrived early last month, they must be ready for Recovery Audit Contractors. RACs are independent auditors for the government that are...
HCR ManorCare disputes profit report, wants $91.5 million negligence award lowered or tossed
Nov 08, 2011
Errors made during a nursing home negligence trial have prompted an attorney for HCR ManorCare to ask a judge to grant a new trial, lower the initial award or toss the case entirely.
Not settling for one path
By
John Hall
Nov 01, 2011
If you ever find yourself in the company of Joe Steier, you might get lucky and be treated to a delicious meal at Bearno’s, a Louisville, KY, favorite among locals for decades.
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...
Sky’s falling? No biggie
By
John O'Connor
Nov 01, 2011
When I joined this magazine 21 years ago, one of my first assignments was to cover a state convention. It was a real eye-opener.