The New York Stock Exchange has put Sunrise Senior Living Inc. on notice: It will be delisted from the exchange unless it releases its yearly earnings report.
Kindred buys diverse LTC company for $125 million
By
Liza Berger
Dec 17, 2005
Provider giant Kindred Healthcare Inc. is expanding its portfolio of long-term care offerings with a $125 million acquisition of Commonwealth Communities Holdings LLC and affiliates.
CDC webinar addresses best practices with injections
Feb 15, 2018
The Centers for Disease Control and Prevention will address safe injection practices for nurses at a free webinar on Thursday, Feb. 22. The hourlong event will begin at 1 p.m. Eastern.
Bed linens receive FDA clearance
Aug 23, 2016
The U.S. Food and Drug Administration has granted commercial clearance for DermaTherapy® Bed Linens by Standard Textile. The bedding medical device is designed to prevent pressure ulcers.
Drive Medical acquires Medquip
Jul 09, 2014
Drive Medical has acquired Medquip Inc., the company announced July 2. Medquip’s equipment line includes respiratory disposable products, pulse oximeters, TENS units, and digital blood pressure equipment.
CNL Lifestyle Properties acquires two WA facilities
Jun 24, 2014
Real estate investment trust CNL Lifestyle Properties has acquired two senior housing communities for about $12.5 million: South Pointe Assisted Living in Everett, WA, and La Conner Retirement Inn in La...
Beverly earns a profit in second quarter on higher sales
By
Haymarket Media
Aug 05, 2005
Beverly Enterprises Inc., one of the largest nursing home providers in the United States and currently up for sale, made a profit in the second quarter on higher revenues. This comes after posting a loss...
Skilled Healthcare considers sale
Apr 13, 2011
Nursing home operator Skilled Healthcare Group Inc. announced it has hired J.P. Morgan Securities to maximize its stockholder value and explore “strategic options,” including a possible sale.
KCI scores with new launch
Dec 16, 2008
Kinetic Concepts Inc. has announced the launch of a new VAC Simplace Dressing. The new kit contains spiral shaped dressing that is pre-scored, making it easier to place on the wound site.
Sunrise loses nearly $69 million in third quarter
Nov 10, 2008
Sunrise Senior Living Inc., the largest assisted living chain in the United States, lost nearly $69 million in the third quarter of 2008. That reportedly is the company’s worst loss in eight years.