Pharmacy giant Omnicare announced that it was extending to Jan. 20 its offer to purchase all outstanding shares of rival PharMerica for $15 per share. The original offer had been scheduled to expire in...
Yes, it was a good year
By
John O'Connor
Dec 22, 2011
If you’re like most operators, you’re probably staggering toward the end-of-year holidays. And your unsteady gait may have nothing to do with spiked eggnog.
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.
Omnicare: New rules are not likely to harm the business
By
John O'Connor
Nov 01, 2011
The nation’s largest institutional pharmacy vendor does not expect proposed drug handling rules to adversely affect its business, even though they likely will increase drug-delivery costs.
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...
Survey: More nursing homes are considering e-prescribing
By
John O'Connor
Sep 01, 2011
Most facility operators responding to a new survey say that their next technology-related purchase will be an e-prescribing system. That’s according to findings relayed in the Aug. 9 McKnight’s...
Wound care firm KCI agrees to be bought for $6.3 billion
By
John O'Connor
Aug 02, 2011
One of the world’s largest wound care companies is about to gain a new owner. At press time, Kinetic Concepts Inc. agreed to be acquired by a consortium put together by Apax Partners, a private equity...
15% of facilities cited for IC violations
By
John O'Connor
Jun 01, 2011
More than one in seven nursing homes receive survey citations for problems related to infection control, a study backed by the Association for Professionals in Infection Control and Epidemiology has found.
The big picture: Gut-check time for LTC
By
John O'Connor
Apr 01, 2011
Many an operator is now contemplating whether to remain in the long-term care field. Having just returned from an NIC conference on the future of skilled nursing, I can offer a definitive answer: It depends.
A unique perspective
By
John O'Connor
Mar 01, 2011
Michael Hargrave watches the eldercare field from a unique vantage point. He does it as the leader of NIC MAP. That’s shorthand for the National Investment Center for the Seniors Housing & Care Industry’s...