Genesis to save in ‘win-win’ $1.7 billion sale of 92 facilities
By
Nov 04, 2016
Genesis HealthCare is expected to save millions in rent payments after its largest landlord completes a $1.7 billion sale of 92 properties to new owners, the company announced Wednesday.
PharMerica seeks Supreme Court review in False Claims case
By
Apr 27, 2016
Long-term care pharmacy services provider PharMerica is asking the U.S. Supreme Court to review its previous ruling on the “first-to-file” provision of the False Claims Act, claiming it paves...
Florida jury hands down $1.1 billion award in nursing home lawsuit
By
Tim Mullaney
Jul 24, 2013
A jury has awarded $1.1 billion in damages to the family of a Florida woman who received poor nursing home care prior to her death in 2007. The amount is believed to be one of the highest ever leveled...
Federal judge to troubled operator: Exhaust other options before you make a federal case
By
James M. Berklan
Jun 11, 2013
A facility with a history of safety deficiencies must exhaust its administrative options before seeking relief in the courtroom, a district court judge ruled. Moreover, the requested temporary injunction...
Beverly sale is ‘on’ – but with lower price and new buyer
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Haymarket Media
Nov 21, 2005
The Beverly sale is still a “go,” but the sale price has dropped 50 cents per share and the buyer has changed. And the door is wide open again to other bidders.
BEI and Formation Capital call it quits in proxy fight
By
Haymarket Media
Apr 13, 2005
The Formation Capital investors group has agreed to end its proxy contest with nursing home giant BEI, the embattled chain said Tuesday.
Cyber risk company showcases platform
Jun 13, 2017
RiskSense will demonstrate its platform its continuous cyber risk scoring capabilities at the 13th AMC Security & Privacy Conference this week in Chapel Hill, NC.
Owner of two nursing agencies charged with $5 million Medicare fraud
By
John Hall
Mar 12, 2015
The owner of two Illinois nursing agencies was arrested Tuesday on charges he allegedly defrauded Medicare out of more than $5 million for unnecessary home care services over a 44-month period. The arrest...
HealthEssentials CEO agrees to $1 million settlement in False Claims suit
By
Tim Mullaney
Jan 14, 2014
Michael Barr, who co-founded the company now known as Kindred Healthcare, has agreed to pay $1 million in a settlement over Medicare fraud charges, the U.S. Department of Justice announced Monday.
Hospice to pay $3 million to settle Medicare fraud whistleblower case
By
Tim Mullaney
Nov 07, 2013
A Florida-based hospice provider has agreed to pay $3 million to settle a whistleblower lawsuit alleging false Medicare claims, the U.S. Department of Justice announced Wednesday.