Two major long-term care transaction developments occurred Thursday. The board of Genesis HealthCare Corp. said it will enter into discussions with a new bidder. Meanwhile, Ventas Inc. reported completing...
Nursing home does not need Supreme Court intervention to avoid birth control mandate, feds say
By
Tim Mullaney
Jan 06, 2014
The federal government defended the Affordable Care Act’s so-called “contraception mandate” Friday in a Supreme Court filing against a Catholic long-term care provider. The ACA requires...
Eye doctor to pay $1 million to settle allegations of overbilling in SNFs
By
Sep 02, 2016
A Florida ophthalmologist has agreed to pay $1 million to settle claims that she overbilled Medicare for eye care services provided in skilled nursing and assisted living facilities, officials announced...
BusinessBriefs for December 2014
Dec 01, 2014
» Omega Healthcare Investors is poised to own nearly 875 skilled nursing properties across 41 states, following its merger with Aviv REIT in a $3 billion deal announced in November. The all-stock deal...
FDA approves Botox as effective treatment for overactive bladder
By
McKnight's Staff
Jan 23, 2013
Botox may be more synonymous with the Real Housewives reality franchise than long-term care residents, but it could soon be a treatment of choice for urinary incontinence.
HealthMedX announces equity infusion, new CEO
Dec 14, 2011
HealthMedX announced that it has received a growth equity investment from Spectrum Equity Investors and Trident Capital. They will own a majority interest in the company. As part of the transaction, Pam...
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.
Legislation would create LTCH certification criteria
By
Haymarket Media
Jan 30, 2007
One major nursing home provider recently praised House legislation that would establish certification criteria for long-term acute care hospitals. U.S. Rep. Phil English (R-PA) and U.S. Rep. Earl Pomeroy...
Senate Finance Committee meets with long-term care, other healthcare industry representatives today
Apr 21, 2009
Lawmakers in Washington returned to work this week after the spring recess, and they are wasting no time in resuming the debate over healthcare reform. The Senate Finance Committee is meeting today to...