Presby’s Inspired Life picks up expansion financing
By
Kimberly Marselas
Oct 08, 2019
Investment bank HJ Sims has announced the closing of a $61.6 million transaction for Rydal Park, in Abington Township, PA. The Rydal Waters expansion project will be a new, adjacent branch of the Rydal...
New bioresorbable silver-gallium dressing will target biofilm
By
Kimberly Marselas
Oct 01, 2019
Imbed Biosciences Inc. has been awarded a $1.5 million NIH grant to research and develop a bioresorbable wound dressing with silver and gallium metal ions that can kill bacteria hiding in biofilms in wounds....
New patch combines biosensors and remote monitoring
By
Kimberly Marselas
Oct 01, 2019
A new telemedicine solution from ImagineMIC™ combines the use of a wireless Biosensor Telemetry Patch with real-time remote monitoring provided by the company’s Monitoring Intervention Center. The...
Rosetta Stone offers new training set for healthcare
By
Kimberly Marselas
Oct 01, 2019
Rosetta Stone Inc., known for its technology-based language learning solutions, has announced the release of a new language training program meant to help medical professionals better communicate with...
Premier Health Care sells 1,062 beds
By
Kimberly Marselas
Sep 24, 2019
Optalis Healthcare, Inc., a leading skilled nursing and senior living company based in Novi, MI, has purchased five Detroit-area properties from Premier Health Care Management, Inc. Premier CEO and co-founder...
Butler County hires Poole as new administrator for cash-strapped nursing home
By
Kimberly Marselas
Sep 24, 2019
Commissioners in Butler County, OH, have hired Chamika Poole, RN, as administrator for their cash-strapped public nursing home. Poole was slated to start Sept. 23 at annual salary of $89,833. Poole has...
NIC announces new partner in data-transparency effort
By
Kimberly Marselas
Sep 17, 2019
The National Investment Center for Seniors Housing & Care has added PointClickCare as its newest NIC Actual Rates Software Partner, adding new data sources and analytic tools used to inform decision making...
Ensign picks up SNF No. 202
By
Kimberly Marselas
Sep 10, 2019
The Ensign Group Inc. acquired the real estate and operations of Temple View Transitional Care Center, a 119-bed skilled nursing facility located in Rexburg, ID, effective Sept. 1. “We are excited...
Ensign, Omega’s successes lead to further expansions
By
Kimberly Marselas
Sep 06, 2019
Higher occupancy and “disciplined” acquisition strategies have put two major skilled nursing players in a growth mindset. Both the Ensign Group Inc. and Omega Healthcare Investors used their second-quarter...
LTC leads hot healthcare market in first half of 2019
By
Kimberly Marselas
Jul 29, 2019
The changing face of long-term care continues to drive merger and acquisition activity for the fifth straight year, according to two new reports. Deal volume involving long-term care and assisted living...