Lancaster Pollard helps with $23 million refinancing for AL campus
Dec 03, 2013
Lancaster Pollard recently assisted Samaritan Village, a California long-term care community, refinance with $23.3 million to convert a portion of their independent living units into assisted living units....
Skilled Healthcare settles understaffing lawsuit for $50 million
Sep 09, 2010
Nursing home giant Skilled Healthcare Group Inc. has agreed to settle a class-action suit alleging understaffing at 22 of its California facilities for $50 million. Terms still must be approved by a judge.
Kinetic Concepts Inc. scored a legal victory Wednesday in its ongoing battle with Smith & Nephew over the use of Negative Pressure Wound Therapy. A Texas jury sided with KCI in a patent infringement lawsuit.
Sunrise to increase capacity by 12% in 18 months
By
Haymarket Media
May 09, 2007
Despite “frustrations” surrounding its lengthy accounting review, Sunrise Senior Living Inc. expects to increase capacity by more than 6,300 residents, or 12%, within the next 18 months, Chairman...
Ventas sweetens Sunrise REIT offer by 10%
By
Haymarket Media
Apr 12, 2007
Ventas Inc. and Sunrise Real Estate Investment Trust have agreed to amend the purchase price of Sunrise REIT to $2.28 billion Canadian or $1.97 billion in U.S. dollars. That means Ventas will pay 10% more...
Polls offer differing public views of drug benefit
By
Haymarket Media
Dec 22, 2006
The voting public seems to be at odds with seniors’ views of prescription drug benefit reform, studies indicate. While two studies show the general public’s dissatisfaction with an anticipated...
Salary survey: LTC administrator averages $77,300
By
Haymarket Media
Feb 14, 2006
A long-term care facility administrator can expect to earn an average annual salary of $77,300, though average pay can be as much as $110,000 per year, depending on the size and location of the facility,...
Noble Biomaterials announces call for research proposals
Mar 04, 2014
Noble Biomaterials Inc., which makes X-STATIC® Antimicrobial Technology, has issued a call for research proposals “to generate hard evidence supporting the need for soft surface bacterial management...
Flashing the badge at conferences
By
Elizabeth Newman
Jun 29, 2015
One of the more mortifying moments of attending a recent conference was when I went up to a participant and asked to interview her. She nicely reminded me that I had interviewed her 10 minutes before.
Court expresses concern over Omnicare drug packaging practices but dismisses False Claims suit
By
Tim Mullaney
Feb 26, 2014
A whistleblower exposed disturbing drug packaging practices being used by long-term care pharmacy Omnicare Inc., but the charges don’t fall under the False Claims Act, a federal appeals court recently...